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Medinah Mining Chile Announces Continuation of Drilling Results from Diamond Drill Hole L14-22, L14-22A, and Start of Drill Hole L14-23 at the Altos de Lipangue Project
Medinah Mining Chile Announces Continuation of Drilling Results from Diamond Drill Hole L14-22, L14-22A, and Start of Drill Hole L14-23 at the Altos de Lipangue Project.
About this update from Medinah Minerals, Inc.
[{"type":"text","content":"\n \n Tuesday, December 23, 2014, Medinah Minerals, Inc. (OTC PINK: MDMN) \n reports that its 100% owned Chilean subsidiary, Medinah Mining Chile, \n was informed by AURYN Mining Chile, SpA (“AURYN”) of results from their \n ongoing drilling program at the Altos de Lipangue project near Santiago, \n Chile.\n \n \n AURYN Mining Chile, SpA reports that it is formulating a continuing \n exploration plan for calendar year 2015.\n \n \n AURYN reports that deep drill hole L14-22A was recently completed to a \n depth of 781.35 meters. The drilling system worked extremely well and \n lends confidence to intended deeper drill holes scheduled in early 2015. \n Drill hole L14-22A had multiple zones that were propylitically altered \n with quartz-pyrite veinlets and patches of pyrite (chalcopyrite). \n Highlights were a 3 meter section from 358 to 361 meters with \n brecciation and pyrite-chalcopyrite mineralization that is probably the \n on strike extension of the 7 meter gold-copper intersection at \n 338.5-345.5 meters depth previously reported on L14-22; a zone of \n brecciation (narrow zones of hydrothermal breccias), quartz-pyrite \n (chalcopyrite) veining and patches associated with moderate to intense \n propylitic alteration over an interval of 20 meters (468 to 488 meters \n depth) that is the down dip extension of the Gordon Breccia; a zone of \n downward increasing albitization and intense epidotization with up to 5% \n veinlet and disseminated pyrite (chalcopyrite) mineralization from \n approximately 578 to 603 meters at depth where it truncated by a dyke \n (fault); and an increasing frequency of quartz-orthoclase veining to the \n bottom of the hole. Assays are pending on this drill hole.\n \n \n The presence of distal quartz-orthoclase veinlets is a very positive \n indicator for a porphyry system on the Altos de Lipangue property.\n \n \n This main drill rig was then moved and set up to drill adjacent hole \n L14-23. This drill hole is designated to continue to follow the higher \n grade gold zone to the west. Drilling commenced on drill hole L14-23 and \n has now reached an in progress depth of 203.4 meters. The intention is \n to follow the structure to the west to the andesite contact and test the \n possibility that it extends under cover (30 meter wide valley between \n andesite outcrops) for some distanc...