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Cerrado Gold Intercepts 7.8 g/t Gold over 16 Metres Including 10.7 g/t Gold over 11 Metres at Its Minera Don Nicolas Gold Project in Argentina
Initial drill holes used for preliminary evaluation of the Baritina prospect Toronto, Ontario...
About this update from Cerrado Gold Inc
[{"type":"text","content":"Cerrado Gold Intercepts 7.8 g/t Gold over 16 Metres Including 10.7 g/t Gold over 11 Metres at Its Minera Don Nicolas Gold Project in ArgentinaInitial drill holes used for preliminary evaluation of the Baritina prospectToronto, Ontario--(Newsfile Corp. - March 30, 2021) - CERRADO GOLD (TSXV: CERT) (\"Cerrado\" or the \"Company\") is pleased to announce the results of a further seven drill holes from its 12,000-metre exploration drill program at the Baritina 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 seven drill holes, PA-D21-43 thru 49. Cerrado has completed 2,989 metres as of drilling to March 24. Additional drill results will be announced for Baritina, Chulengo and other high priority targets as assays are made available over the next few months. Drill Hole Highlights (All composites are reported as true thickness):PA-D21-4415.69m grading 7.8g/t Au, starting from 46.30mincluding 10.95m grading 10.70g/t Au, from 52.00m The current exploration drill program at the Minera Don Nicolás Project commenced on February 5th at the Baritina target, within the Paula-Andrea Prospect (Figure 1). The drill results reported in this press release were received March 21st, 2021 and represent complete results for holes PA-D21-43 thru 49, which are the next seven of nine holes (PA-D21-42 thru 50) totaling 1,068 metres completed at Baritina (see Figure 2). All eight drill holes intersected typical alteration zones associated with high level epithermal mineralization, including abundant silicification, clay alteration, hematite, jarosite and sulphides.The new drill holes and the review of all the past work at Baritina target has resulted in a new interpretation of the presence of a subvertical and subcircular \"diatreme or phreatic\" breccia. This is the first time the diatreme or breccia model has been considered. The breccia zone is related to the mineralized structures but not all the breccias are mineralized. The high-grade mineralization is restricted to some sectors i.e., faults and/or feeder vents. Also, the min...