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Mexican Gold Commences 2018 Phase 1 Drilling and Field Exploration Programs
THUNDER BAY, Ontario, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Mexican Gold Corp. ("Mexican Gold" or the "Company") (TSX-V:MEX) (OTCMKTS:MEXGF) (FRA:4QW1) is pleased t
About this update from Mexican Gold Mining Corp.
[{"type":"text","content":"THUNDER BAY, Ontario, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Mexican Gold Corp. (\"Mexican Gold\" or the \"Company\") (TSX-V:MEX) (OTCMKTS:MEXGF) (FRA:4QW1) is pleased to announce that its 2018 Phase 1 drilling program is underway at its Las Minas property, Veracruz State, Mexico. Additionally, the company has initiated its field exploration program of mapping, trenching and sampling at high-potential targets. 3,000 Metre Resource Expansion and Exploration Drilling Program The 3,000 metre drilling program will focus on resource expansion as well as exploration drilling at the following high – priority mineralized zones: El Dorado Dike Contact zone El Dorado / Jaun Bran zone Santa Cruz zone Nopaltepec zone Cinco Senores zone Las Minillias Zone Highlights of previous drilling include: El Dorado Dike Contact - Hole LM-17-ED-40 intersected 9.24 g/t Au Eq over 38.0 metres (5.36 g/t Au, 17.10 g/t Ag, 2.20 % Cu) – see press release Nov. 15, 2017. Santa Cruz - Hole LM-14-SC-03 graded 5.03 g/t Au Eq (2.30 g/t Au, 19.07 g/t Ag, 1.57 % Cu) over 44.5 metres contained within 97.2 metres grading 2.70 g/t Au Eq (1.19 g/t Au, 9.42 g/t Ag, 0.79% Cu) – see press release April 7, 2014. Cinco Senores - Hole LM-17-CS-08 intersected 4.47 g/t Au Eq (1.58 g/t Au, 13.85 g/t Ag, 1.65 % Cu) over 4.0 metres – see press release dated December 12, 2017. Las Minillas 5.14 g/t gold, 8.6 g/t silver and 1.46% copper over 2.0 metres – see press release dated May 15, 2017. Nopaltepec – Hole LM-15- NP-01 cut 17.0 metres grading 5.74 g/t Au Eq (2.84 g/t Au, 9.50 g/t Ag, 1.61 % Cu) – see press release dated May 28, 2015. Field Exploration Programs at Santa Cruz, Changaro and Pueblo Nuevo Preliminary field work and geophysical surveys at Las Minas have identified a number of high-priority areas warranting more intensive field work to define drill targets. Specific mineralized areas include Santa Cruz, Changaro, and Pueblo Nuevo. The field exploration programs for these areas will be guided by geophysical results, earlier scout drilling, and historical mine workings. Santa Cruz Field Exploration During a previous drill program at the Santa Cruz zone, fresh boulders with visible mineralization were noted near the drill pads. Recent field work has identified a mineralized area with intermittent but high-quality continuing mineralization located well above the area...