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Cerrado Gold Intercepts 49.22 g/t Gold over 2.25m and 22.42 g/t Gold over 4.57m at Its Minera Don Nicolas Gold Project in Argentina
Chulengo deposit infill program highlights 8 significant mineralized structures Esperanza...
About this update from Cerrado Gold Inc
[{"type":"text","content":"Cerrado Gold Intercepts 49.22 g/t Gold over 2.25m and 22.42 g/t Gold over 4.57m at Its Minera Don Nicolas Gold Project in ArgentinaChulengo deposit infill program highlights 8 significant mineralized structuresEsperanza Rocio drilling delineates shallow high grade subvertical shoots2021 Drilling Program continues delivering positive results for resource expansion, confidence upgrades, and planned inclusion to the mine planToronto, Ontario--(Newsfile Corp. - July 29, 2021) - CERRADO GOLD (TSXV: CERT) (OTCQX: CRDOF) (\"Cerrado\" or the \"Company\") is pleased to announce the results from a further twenty-five drill holes (totalling 1,208 m) from its ongoing 12,000-metre exploration drill program at its Minera Don Nicolás Project (\"Minera Don Nicolás\" or the \"MDN Project\") located in Santa Cruz province, Argentina. Reported diamond drill holes were collared at the Esperanza/Rocio and Chulengo targets. The focus for the current 12,000-metre district exploration program is to delineate new, high grade, mineralized zones and increase the confidence of near surface mineralization in the proximity of Cerrado's mining operations: La Paloma and Martinetas pits. Results reported today correspond mainly to infill drilling of shallow areas in two satellite zones adjacent to the Paloma Pit. New inhouse modeled zone geometry and gold grade distribution are being assessed by the mine planning team for conversion of resources and mine sequence planning.Drill Hole Highlights (All composites are reported as true thickness):Esperanza/RocioESP-D21-594.57 m at 22.42 g/t Au, from 46.20 m Including 2.33 m at 42.43 g/t Au, from, 47.65 mESP-D21-604.85 m at 7.69 g/t Au, from 64.20 m Including 0.86 m at 28.43 g/t Au, from, 64.20ChulengoPA-D21-768.40 m at 3.91 g/t Au, from 9.25 m Including 0.77 m at 13.69 g/t Au, from, 10.10 mPA-D21-812.25 m at 49.22 g/t Au, from 13.50 Including 0.67 m at 162.75 g/t Au, from, 15.35Mark Brennan, CEO & Co-Chairman commented, \"Work to date continues to support our view that significant resource growth remains available on our extensive land package at Minera Don Nicolas. In addition, these results continue to show the potential to quickly add additional high grade, shallow resources near existing infrastructure which we believe can quickly be brought into the mine plan as they are more fully defined. We full...