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Cerrado Gold Intercepts 118 g/t Gold over 2.65 Metres Including 566 g/t Gold over 0.55 Metres at Its Minera Don Nicolas Gold Project in Argentina
Drilling and trench samples highlight a number of High-Grade Gold results near surface at the ...
About this update from Cerrado Gold Inc
[{"type":"text","content":"Cerrado Gold Intercepts 118 g/t Gold over 2.65 Metres Including 566 g/t Gold over 0.55 Metres at Its Minera Don Nicolas Gold Project in ArgentinaDrilling and trench samples highlight a number of High-Grade Gold results near surface at the Chulengo Target next to producing Paloma areaToronto, Ontario--(Newsfile Corp. - May 6, 2021) - CERRADO GOLD (TSXV: CERT) (\"Cerrado\" or the \"Company\") is pleased to announce the results from fourteen drill holes from its ongoing 12,000-metre exploration drill program at the Chulengo target, at its Minera Don Nicolás Project (\"Minera Don Nicolás\" or the \"MDN Project\") located in Santa Cruz province, Argentina. The focus for the current 12,000-metre exploration program is to delineate new, high grade, near surface mineralization that can be brought into the production schedule in the near term. Results highlighted in this release are from fourteen drill holes, PA-D21-51 thru 63 and 65. Cerrado has completed 1,172 metres at Chulengo as of May 5, 2021. High grade gold results from trenching at Chulengo are also reported. Drill Hole Highlights (All composites are reported as true thickness):PA-D21-576.00m grading 5.5g/t Au, starting from 48.80mincluding 3.35m grading 8.98g/t Au, from 48.80m PA-D21-622.65m grading 118.04g/t Au, starting from 15.65mincluding 0.55m grading 565.98g/t Au, from 16.45m PA-D21-637.10m grading 22.58g/t Au, starting from 33.05mincluding 4.25m grading 37.08g/t Au, from 33.85m PA-D21-6514.63m grading 5.05g/t Au, starting from 1.10mincluding 1.62m grading 31.60g/t Au, from 13.80m Trench Highlights (All composites are reported as true thickness):PA-T21-0184.25m grading 10.08g/t Au, starting from 27.95mincluding 2.34m grading 19.83g/t Au, from 30.00m PA-T21-02312.00m grading 6.48g/t Au, starting from 1.00mincluding 6.00m grading 12.24g/t Au, from 4.00m PA-T21-0245.61m grading 11.75g/t Au, starting from 16.00mincluding 3.27m grading 18.49g/t Au, from 17.00mMark Brennan, CEO & Co-Chairman commented, \"We are very pleased the ongoing drill program continues to define the Chulengo target as a potential source of additional near surface, high grade material and fully expect the ongoing program to highlight the significant near surface potential that remains at Minera Don Nicolas to enhance the current open pit mine operations. Following the evaluation of these fir...