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Elemental Royalties Notes Successful Drilling Results At The Mercedes Gold Mine, Announces Webinar On Tuesday December 1st At 9AM PST (12PM EST)
Elemental Royalties Notes Successful Drilling Results At The Mercedes Gold Mine, Announce...
About this update from Elemental Royalty Corporation
[{"type":"text","content":"\n \n \n \n Elemental Royalties Notes Successful Drilling Results At The Mercedes Gold Mine, Announces Webinar On Tuesday December 1st At 9AM PST (12PM EST)\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 25, 2020\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 25, 2020\n \n /CNW/ - Elemental Royalties Corp. (\"\n \n Elemental\n \n \" or \"the\n \n Company\n \n \") (TSX-V: ELE) (OTCQX: ELEMF), a gold-focused royalty company providing investors with exposure to a growing portfolio of royalties, notes the announcement yesterday from Premier Gold Mines (TSX: PG) (\"\n \n Premier\n \n \") expanding and confirming the continuity of higher-grade mineralization in several areas of the Mercedes Project (\"Mercedes\").\n \n \n \n \n \n \n \n \n \n Elemental owns a 1% Net Smelter Returns Royalty on Mercedes, which becomes payable from\n \n July 28, 2022\n \n , following a time hurdle.\n \n \n \n Highlights\n \n \n \n \n \n Marianas\n \n \n \n \n Marianas represents the down-plunge extension of the main, historical Mercedes mine trend, which remains open at depth and potentially further down-plunge\n \n \n A delineation program of\n \n 5,000 m\n \n is expected to be completed by the end of the year\n \n \n Drilling Highlights (in interpreted true widths):\n \n \n \n \n \n 6.3m\n \n at 20.23g/t Au & 631.4g/t Ag,\n \n including\n \n \n 12.7m\n \n at 10.17 g/t Au & 294.3 g/t Ag\n \n (UG-MR20-065)\n \n \n \n \n 8.1m\n \n at 7.49 g/t Au & 56.78 g/t Ag\n \n (UG-MR20-068)\n \n \n \n \n \n San Martin Vein\n \n \n \n \n San Martin was discovered in\n \n May 2019\n \n \n \n Drilling in 2020 is defining the extension of the mineralization and the potential for a Mineral Resource\n \n \n Drilling Highlights (in true widths):\n \n \n \n \n \n 4.2m\n \n at 10.03 g/t Au & 118.89 g/t Ag\n \n (L20-534D\n \n \n \n \n 2.3m\n \n at 5.31 g/t Au & 131.42 g/t Ag\n \n (L20-528D)\n \n \n \n \n \n Diluvio West Stockwork Zone\n \n \n \n \n The Diluvio West drilling program has been delineating th...