Golden Reign Intersects High Grade Gold Mineralization in Central Pit - Drilling 2.0 Metres of 7.09 g/t Gold and 12.2 g/t Silver & Trenching 4.7 Metres Grading 31.46 g/t Gold and 22.7 g/t Silver

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[{"type":"text","content":"Golden Reign Intersects High Grade Gold Mineralization in Central Pit - Drilling 2.0 Metres of 7.09 g/t Gold and 12.2 g/t Silver & Trenching 4.7 Metres Grading 31.46 g/t Gold and 22.7 g/t Silver(via Thenewswire.ca)\n\n \nVancouver, BC / TheNewswire / October 17, 2016 - Golden Reign Resources Ltd. (TSX-V: GRR)(the \"Company\" or \"Golden Reign\") is pleased to report results from grade-control drilling and the 2016 trenching program within the Central Pit (Arras zone) of its San Albino-Murra Gold Property (the \"Property\"), located in Nueva Segovia, Nicaragua. \n\n\n \nIn all, Golden Reign drilled 101 reverse circulation (RC) drill holes within the Central Pit, and excavated five trenches and nine exploration pits (see attached map). \n\n\n \nHighlights from the grade-control drill program include:\n\n \n\n-\n\n\n\n\n2.0 metres of 7.09 g/t Au and 12.2 g/t Ag\n\n\n\n\n-\n\n\n\n\n2.0 metres of 6.48 g/t Au and 11.3 g/t Ag\n\n\n\n\n-\n\n\n\n\n1.0 metre of 9.80 g/t Au and 15.9 g/t Ag \n\n\n\n \nNote: All grades presented are uncut and all thicknesses are drill hole length. No top cut has been applied. \n\n\n \nDrill holes are vertical and veins are shallow dipping. \n\n\n \nTo see a table of the complete drill results, please visit our website at: www.goldenreign.com.\n\n\n \nHighlights from the 2016 Central Pit trenching program include:\n\n \n\n-\n\n\n\n\n\n\n\n\n26.5 metres of 17.85 g/t Au and 29.5 g/t Ag (along dip) \n\n\n\n\n\n\n\n\n-\n\n\n\n\nincluding 7 one-metre long samples, each over 30 g/t Au, with the best result 1.0 metre of 72.40 g/t Au and 98.0 g/t Ag\n\n\n\n\n-\n\n\n\n\nincluding 3 sets of continuous vertical samples, each interval exceeding 4 metres and grading between 14.89 g/t gold and 31.46 g/t gold\n\n\n\n\n-\n\n\n\n\n1.6 metres of 70.20 g/t Au and 47.0 g/t Ag (vertical)\n\n\n\n\n-\n\n\n\n\n1.6 metres of 13.30 g/t Au and 38.0 g/t Ag (vertical)\n\n\n\n\n-\n\n\n\n\n2.0 metres of 29.50 g/t Au and 20.0 g/t Ag (vertical)\n\n\n\n \nNote: All grades presented are uncut. Vertical samples represent near true thickness, as the veins are shallow dipping. \n\n\n \nGrade-Control Drill Program\n\n\n \nThe Company completed 104 RC drill holes totalling 1,659 metres within the Central Pit of its San Albino Gold Deposit. The holes were spaced approximately 10 metres apart and drilled to a vertical depth ranging from 10 to 40 metr...

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