Drilling Returns 4.0 Metres of 37.30 G/T Gold & 57.7 G/T Silver at West Pit of San Albino Gold Deposit; Proposed Phase One Open Pit Area Expanded

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[{"type":"text","content":"Drilling Returns 4.0 Metres of 37.30 G/T Gold & 57.7 G/T Silver at West Pit of San Albino Gold Deposit; Proposed Phase One Open Pit Area Expanded(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / Golden Reign Resources Ltd. (TSX-V: GRR) (the \"Company\" or \"Golden Reign\") is pleased to report partial results from grade-control drilling within the proposed West Pit on its wholly-owned San Albino Gold Deposit located in Nueva Segovia, Nicaragua. Further results will be reported in due course.\n\n\n \nSeveral drill holes intersected high-grade mineralization. Highlights from the preliminary grade-control drill program include:\n\n \n\n\n\n-\n\n\n\n\n\n\n4.0 metres of 37.70 g/t Au and 57.7 g/t Ag\n\n\n\n\n\n\n-\n\n\n\n\n\n\n4.0 metres of 27.10 g/t Au and 74.6 g/t Ag\n\n\n\n\n\n\n-\n\n\n\n\n\n\n4.0 metres of 19.19 g/t Au and 30.9 g/t Ag\n\n\n\n\n\n\n-\n\n\n\n\n\n\n3.0 metres of 16.27 g/t Au and 41.9 g/t Ag\n\n\n\n\n\n\n-\n\n\n\n\n\n\n3.0 metres of 7.06 g/t Au and 15.4 g/t Ag\n\n\n\n\n\n\n-\n\n\n\n\n\n\n2.0 metres of 21.38 g/t Au and 34.0 g/t Ag\n\n\n\n\n\n\n-\n\n\n\n\n\n\n8.0 metres of 4.58 g/t Au and 18.5 g/t Ag\n\n\n\n\n\n\n-\n\n\n\n\n\n\n11.0 metres of 2.82 g/t Au and 6.1 g/t Ag\n\n\n\n \nNote: All grades presented are uncut and all thicknesses are core length. All holes are vertical. No top cut has been applied. \n\n\n \nTo see a table of the complete drill results, please visit our website at: www.goldenreign.com. \n\n\n \nSignificantly, the results from this portion of the drill program:\n\n\n \n\n\n-suggest that the two smaller pits may be combined into a single, larger open-pit. Drilling confirmed that the area between the two pits, spanning 39 metres, is also mineralized; \n\n\n\n-have extended mineralization along strike and at depth, resulting in the outward expansion of the existing pit boundaries; and,\n\n\n\n-confirm both the high-grade nature and geometry of the mineralization, which correlates strongly with Golden Reign's existing model developed under its Preliminary Economic Assessment Report (PEA) (available on the Company's website and SEDAR).\n\n\n\n\n \nGrade-Control Drill Program\n\n\n \nThe Company completed 1,581 metres of Reverse Circulation (RC) drilling at San Albino's West Pit. The program was designed to define the grade and distribution of mineralization, confirming grade continuity within the ...

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