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Mexican Gold Intersects 32m of 4.56 g/t AuEq and 10m of 10.98 g/t AuEq at El Dorado
VANCOUVER, British Columbia, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Mexican Gold Mining Corp. (the “Company” or “Mexican Gold") (TSXV: MEX) is pleased to announce fu
About this update from Mexican Gold Mining Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Mexican Gold Mining Corp. (the “Company” or “Mexican Gold\") (TSXV: MEX) is pleased to announce further assay results from the 2020 drilling program. So far, 52 holes have been drilled for 8,075m. The vast majority of the drilling has been targeting various potential extension zones at the El Dorado resource, which remains open in several directions. Highlights: Hole LM-20-ED-69 intersected 32m of 4.56 g/t AuEq and 13m of 6.39 g/t AuEq. This hole increased the width of the West Dike Contact (“WDC”) zone ore shoot by 150% at the south end. Hole LM-20-ED-66 intersected 12m of 4.86 g/t AuEq and 24m of 2.48 g/t AuEq. This hole increased the width of the main WDC ore shoot by 100% at the north end and connected the El Dorado (“ED”) lower zone to the WDC zone. Drilling on the upper WDC zone yielded 10m of 10.98 g/t AuEq in hole LM-20-ED-71 and 4.5m of 9.35 g/t AuEq (within 21.7m of 2.88 g/t AuEq) in hole LM-20-ED-64, 55m and 40m above the ED zone. Hole LM-20-ED-73 (assays pending) has intersected the East Dike Contact (“EDC”) zone ore shoot 175m to the south-east of the previous intersection. * Refer to the drill results table below for estimated true widths and depths “Drilling at El Dorado continues to expand tonnage, which is still open in several directions,” stated Philip O’Neill, Chief Executive Officer. “We believe that the drilling to date is likely to significantly increase tonnage in a future resource estimate while also providing the basis for a Preliminary Economic Assessment.” Hole ID From (m) To (m) Length (m) AuEq g/t Au g/t Cu % Est. True Width (m) Azimuth Dip LM-20-ED-62 122.7 128.7 6 2.23 1.41 0.55 4.6 125 -50 LM-20-ED-63 91.5 93.5 2 3.18 2.1 0.69 1.4 160 -45 and 168.4 170.4 2 5.08 5.07 0 1.4 LM-20-ED-64 84.3 106 21.7 2.88 1.21 1.1 15.3 93 -45 including 98 102.5 4.5 9.35 3.74 3.76 3.2 LM-20-ED-65 121 123 2 2.73 2.32 0.21 1.7 106 -58 LM-20-ED-66 150 162 12 6.7 4.86 1.17 8.5 93 -45 and 181 205 24 2.48 1.2 0.85 17.0 LM-20-ED-67 73.3 75.3 2 1.73 1.33 0.27 1.5 45 -50 LM-20-ED-68 85.6 97.6 12 3.19 1.56 1.03 11.6 135 -75 LM-20-ED-69 95.5 99.5 4 2.41 1.29 0.71 3.6 190 -63 and 175 188 13 6.39 4.38 1.84 11.6 and 211.6 243.6 32 4.56 2.8 1.12 28.5 LM-20-ED-70 147.3 157.7 10.4 2.22 1.9 0.36 8.0 68 ...