Business
Atico Intercepts Additional High Grade Zones Including 32.9g/t Au, 237g/t Ag, 16.25% Cu, and 2.16% Zn Over 1.31 Meters at La Plata VMS Project, Ecuador
VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) -- Atico Mining Corporation (TSX.V: ATY | OTC: ATCMF) (“Atico” or the “Company”) is pleased to annou
About this update from Atico Mining Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) -- Atico Mining Corporation (TSX.V: ATY | OTC: ATCMF) (“Atico” or the “Company”) is pleased to announce three holes from its ongoing drill program at the La Plata precious metals-rich volcanogenic massive sulphide (“VMS”) project in Ecuador. These three holes are designed to target the South Block to test for possible continuity as well as mineralisation outside of the known envelope. Alain Bureau, President, commented: “Results are constantly showing the impressive high-grade nature of the La Plata project as well as the thickness of the mineralization. We are also very pleased to see positive results in our efforts to expand the mineralized footprint by reporting mineralization outside of the existing envelope.” La Plata Drilling Highlights Include: Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Zn (%) CMLP-20-104 415.75 424.00 8.25 14.60 303.37 0.34 2.10 Including 418.70 421.50 2.80 21.40 421.88 0.36 0.70 CMLP-20-106 387.59 390.70 3.11 16.55 156.95 10.67 7.64 Including 387.59 388.90 1.31 32.90 237.00 16.25 2.16 True widths are dependent on uncertainties in the local strike and dip of the mineralization and are estimated to be between 76% and 83% of the drill intercept. Infill Drilling Program CMLP-20-104: was drilled outside of the known mineralized envelope and reports additional mineralisation to the south of the La Plata. The intercept starts with 8 meters of massive and semi massive sulfide composed of sphalerite and finishes in a mineralised stockwork zone. CMLP-20-105: was drilled to test the edge of the existing envelope at the bottom of the South Block, reporting a massive sulfide with spectacular intercepts of zinc within sphalerite which deeper transitioned to end in chalcopyrite. CMLP-20-106: is positioned within the south body for infill purposes. The intercept starts in 8 meters of massive sulfide mineralisation and continues in a stockwork zone. It cut mostly highly mineralised chalcopyrite and finishes in sphalerite and pyrite. The 2020 La Plata exploration program includes 11,000 meters of diamond drilling and is intended to infill the south and north blocks of the La Mina area while upgrading the known mineralised resources from the inferred category. This program is also designed to increase the known resources at the main La Mina...