San Albino Drilling Returns High-Grade Intercepts – Including 6.9 Metres of 14.45 g/t Gold, 8.0 Metres of 8.42 g/t Gold and 4.8 METRES of 16.87 g/t Gold

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[{"type":"text","content":"San Albino Drilling Returns High-Grade Intercepts – Including 6.9 Metres of 14.45 g/t Gold, 8.0 Metres of 8.42 g/t Gold and 4.8 METRES of 16.87 g/t Gold(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / Golden Reign Resources Ltd. (the \"Company\" or \"Golden Reign\")(TSX-V: GRR) is pleased to announce final assay results from the now completed, combined metallurgical/infill drilling program on its wholly-owned San Albino Gold Deposit, located in Nueva Segovia, Nicaragua (See Figure 1). \n\n\n \nDrilling was focused at the proposed San Albino open-pit mine area. In all, 56 diamond drill holes were cored over 2,175.3 metres. A total of 44 holes targeted the San Albino prospect (West Pit), one drill hole was completed on the south slope of San Albino hill (SW Pit) and 11 holes were drilled at the Arras prospect (Central Pit) (see Figure 2). This drill program targeted the shallow dipping, high-grade mineralized zones - starting at surface to an approximate depth of 60 metres. Golden Reign has improved the continuity and confidence of the mineralized zones.\n\n\n \nArea of Initial 6 Months of Planned Open-Pit Mining Activity (West Pit)\n\n\n \nIn the area planned for initial mining activities, Golden Reign completed 9 metallurgical/infill drill holes to test continuity of the mineralization and extend the outer limit of the proposed open-pit mine. \n\n\n \nDrill results to date correlate strongly with prior trenching results from the eastern slope of San Albino hill:\n\n\n \nDrilling results:\n\n\n \n\n\n-SA16-MET-40 8.1 metres of 4.30 g/t gold and 12.1 g/t silver \n\n\n\n\n \n including: 2.7 metres of 10.69 g/t gold and 22.5 g/t silver\n\n\n \n\n\n-SA16-MET-41 2.2 metres of 4.88 g/t gold and 13.1 g/t silver \n\n\n\n-SA16-MET-42 1.15 metres of 10.90 g/t gold and 24.4 g/t silver\n\n\n\n-SA16-MET-43 4.55 metres of 8.57 g/t gold and 14.7 g/t silver\n\n\n\n-SA16-MET-44 7.05 metres of 5.29 g/t gold and 6.2 g/t silver\n\n\n\n-SA16-MET-38 & 39 intersected voids, tunnels from historical workings.\n\n\n\n\n \nPrevious Trenching results: \n\n\n \n\n\n-SA12-TR-01 7.0 metres of 8.80 g/t gold and 24.4 g/t silver (Previously released, see PR June 6, 2012)\n\n\n\n-SA12-TR-05 10.0 metres of 48.44 g/t gold and 40.1 g/t silver (Previously released, see PR May 24, 2012)\n\n\n\n-SA12-TR-06 8.0 metres of 9.53 g/t gold and 12...

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