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Atico Mining Continues to Intercept Bonanza Grades Including 6.8 Meters of 19.5g/t Au, 224g/t Ag, 12.2% Cu, and 3.7% Zn at La Plata VMS Project, Ecuador
VANCOUVER, British Columbia, Aug. 05, 2020 (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, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) is pleased to report additional high grade drill results from its 10,000 meter drilling program on the La Plata property in Ecuador. Today’s results are from 3 holes completed in the South Block as the drill program continues to confirm and expand the La Plata mineralized footprint with bonanza grades gold & copper intercepts encountered within larger massive sulfides lenses. La Plata Drilling Highlights Include: Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Zn (%) CMLP-20-107 242.49 248.15 5.66 4.14 137.11 1.07 6.10 Including 242.49 243.53 1.04 6.62 359.00 2.30 14.90 Including 243.53 245.20 1.67 7.32 224.00 1.34 5.64 CMLP-20-110 341.28 348.12 6.84 19.54 223.98 12.19 3.70 Including 341.28 344.00 2.72 45.51 478.86 17.34 3.71 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 The infill and step-out drilling program has been implemented to upgrade and potentially expand resources of the La Plata project. Two drill rigs are currently active on the project with one rig currently starting to drill on the North Block in order to in-fill and potentially grow the La Plata resource. The three diamond drill holes reported today successfully demonstrated the thickness and continuity of the La Plata VMS lenses, as well as potential expansion of the mineralized envelope of the South Block. Hole CMLP-20-107 was collared above the known VMS envelope and reported good values of precious and base metal grades within massive to semi-massive sulfides over a 5.66 meter intercept mineralised mostly by sphalerite. Hole CMLP-20-108, drilled for infill purposes in the South Block, demonstrated continuity of the mineralization with an intercept of 5.22 meters composed of both VMS and stockwork also dominated by sphalerite. Hole CMLP-20-110, in addition to intercepting a high-grade VMS zone within the South Body, cut a second intercept 10 meters below the main zone with 5.48 meters of mineralized stockwork. The Company also reports that it continues to intercept visible massive and semi-massive sulfide mineralization as the ongoing drilling program contin...