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Atico Mining Continues to Expand Footprint with High Grade Copper-Gold Intercepts Reporting 34.1g/t Au, 112 g/t Ag and 11% Cu over 3 meters at La Plata Project, Ecuador
VANCOUVER, British Columbia, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) is pleased to repor
About this update from Atico Mining Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) is pleased to report on the last results of its 2020 drilling program at the La Plata precious metals-rich volcanogenic massive sulphide (“VMS”) project in Ecuador. These results continue to report very encouraging intercepts of volcanic massive sulfides while the new 2021 drill campaign begins in Ecuador. La Plata Drilling Highlights Include: Hole From(m) To(m) Interval (m) Au(g/t) Ag (g/t) Cu (%) Zn (%) CMLP-20-146 64.44 74.75 10.31 2.79 43.04 2.65 0.91 Including 69.69 71.64 1.95 6.14 182.08 7.77 2.68 and 85.05 98.75 13.70 4.49 35.09 1.10 6.35 Including 93.15 96.75 3.60 11.35 88.5 1.85 7.50 CMLP-20-150 91.45 102.00 10.55 13.19 76.84 5.51 4.47 Including 94.47 97.49 3.02 34.1 111.5 11.33 3.49 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. Drill holes CMLP-20-146 & CMLP-20-150 were both drilled outside of the existing resource polygon. Drilling was performed to test the “Guatuza extension” of the North Block as it shows continuity of the mineralization of the North block in the direction of the Guatuza zone. Drill holes CMLP-20-165 & CMLP-20-167 which were exploratory holes drilled between the South and the North Block, reported additional intercepts which demonstrates the continuity of massive sulfides mineralization between the two known blocks. Joseph Salas, Atico’s V.P. Exploration mentioned “With the 2021 drilling campaign restarted this month, we are excited to continue this program with two rigs and look forward to testing the new target areas we identified in proximity to the La Plata mineralized footprint.” VMS footprint continues to expand around the North Block Diamond drill holes CMLP-20-146 and CMLP-20-150 confirmed continuity of high-grade intercepts as the drilling progressed in the North Block towards the Guatuza zone. This newly discovered continuity is now called the “Guatuza Extension” of the North Block. Even though these latest results are less remarkable than what we are used to seeing at this project, they still confirm that mineralization within the VMS lenses continue and repeat as we progress north. The Guatuza zone will require more d...