Golden Reign Drills 3.8 Metres of 22.51 G/T Gold at San Albino

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[{"type":"text","content":"Golden Reign Drills 3.8 Metres of 22.51 G/T Gold at San Albino(via Thenewswire.ca)\n\n \nTheNewswire / May 16, 2016 - Golden Reign Resources Ltd. (the \"Company\" or \"Golden Reign\")(TSX-V: GRR) is pleased to announce initial results from a combined metallurgical/infill drilling program on its wholly-owned San Albino Gold Deposit, located in Nueva Segovia, Nicaragua. \n\n\n \nTo date, Golden Reign has completed an aggregate 43 diamond drill holes totaling 1,751.5 metres. Thirty-two holes totaling 1,394.6 metres were drilled at the San Albino prospect (West Pit). A further 11 drill holes totaling 356.9 metres were cored at the Arras prospect (Central Pit). Gold and silver analyses for 7 of the holes drilled at San Albino and all of the holes drilled at Arras have been received. \n\n\n \nSignificant drilling results include:\n\n\n \n-SA16-MET-02 3.8 metres of 22.51 g/t gold and 31.5 g/t silver\n\n\n \n including: 2.2 metres of 37.23 g/t gold and 47.3 g/t silver\n\n\n \n-SA16-MET-03 2.0 metres of 24.85 g/t gold and 14.5 g/t silver\n\n\n \n including: 1.0 metre of 26.60 g/t gold and 20.2 g/t silver\n\n\n \n-SA16-MET-04 3.25 metres of 11.37 g/t gold and 5.7 g/t silver\n\n\n \n including: 2.2 metres of 9.63 g/t gold and 4.6 g/t silver\n\n\n \n-SA16-MET-07 4.2 metres of 8.21 g/t gold and 28.9 g/t silver\n\n\n \n including: 1.0 metre of 27.50 g/t gold and 69.0 g/t silver\n\n\n \n-SA16-MET-07 (El Jobo) 4.4 metres of 6.69 g/t gold and 18.0 g/t silver\n\n\n \n including: 1.15 metres of 24.20 g/t gold and 66.9 g/t silver\n\n\n \n-AR16-MET-02 2.0 metres of 5.38 g/t gold and 2.5 g/t silver\n\n\n \nNote: All grades presented are uncut and all thicknesses are core length. \n\n \n \nGolden Reign has targeted near-surface open pit mineralization, to be mined from four separate areas - West Pit, SW Pit, NE Pit and Central Pit. Additional infill drilling, combined with trenching of the in-between areas, has the potential to increase mineable open pit resources and result in the mining of fewer, larger open pits. \n\n\n \nDrilling of the fresh rock mineralization at San Albino (West Pit) was designed as infill - to provide information in areas where original drill data was lacking or drill holes were spaced too far apart. With this testing, Golden Reign has improved the continuity and confidence of the mineralized zones. \n\n\n \nDrill hole SA16-ME...

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