Golden Reign Trenching Extends Mineralization South of San Albino Gold Deposit in Las Conchitas and at El Golfo, Returning 2.0 Metres of 139.44 g/t Au and 115.0 g/t silver and 1.5 metres of 17.00 g/t Au and 9.7 g/t Silver

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[{"type":"text","content":"Golden Reign Trenching Extends Mineralization South of San Albino Gold Deposit in Las Conchitas and at El Golfo, Returning 2.0 Metres of 139.44 g/t Au and 115.0 g/t silver and 1.5 metres of 17.00 g/t Au and 9.7 g/t Silver(via Thenewswire.ca)\n\n \nVancouver, BC / TheNewswire / October 19, 2016 - Golden Reign Resources Ltd. (TSX-V: GRR)(the \"Company\" or \"Golden Reign\") is pleased to report results from the most recent trenching program conducted on its El Jicaro Concession (the \"Concession\") and in the Las Conchitas area of the San Albino-Murra Property (the \"Property\"), both located in Nueva Segovia, Nicaragua. The El Jicaro Concession is adjacent to and south of the Company's flagship San Albino-Murra Property which hosts the pre-development phase San Albino Gold Deposit. \n\n\n \nThe El Jicaro Concession encompasses the southwest extension of mineralized structures found on the San Albino-Murra Property (see attached map). These structures were partially mined by the Spaniards in the late 1700's and then by larger scale operations until 1915. The most significant of these workings is the historical El Golfo mine, which has a similar size footprint to the San Albino Gold Deposit and is located 4 km to the south.\n\n\n \nThe El Golfo mineralization is on strike with and very similar to that of Las Conchitas - located 1 kilometre to the north. Dubbed the \"Golden Mile\", the Las Conchitas-El Golfo mineralization has a strike length of at least 2,500 metres and is the longest high-grade, near-surface quartz vein structures defined on the Company's landholdings to date. Currently, there are eight main gold-bearing structures outlined at Las Conchitas, ranging from 0.3 to 2.5 kilometres in length. El Golfo represents the southwest extension of at least five of these mineralized zones. \n\n\n \nBoth El Golfo and Las Conchitas contain strongly mineralized vein structures with similar grades and thicknesses, representing potential open-pittable targets. All zones are open down dip and in both directions along strike, and only limited by the extent of trenching and drilling completed to date.\n\n\n \nAll of the mineralization, from the San Albino Gold Deposit through Las Conchitas to El Golfo, is similar in grade and structure, representing an 8 square kilometre gold camp (see attached San Albino-El Golfo Projected Long Section)...

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