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Mexican Gold Mining Intersects 21m of 9.82 g/t AuEq and 52m of 3.17 g/t AuEq in Step Out Drilling at El Dorado, Las Minas
VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Mexican Gold Mining Corp. (the “Company” or “Mexican Gold") (TSXV: MEX) is pleased to announce th
About this update from Mexican Gold Mining Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Mexican Gold Mining Corp. (the “Company” or “Mexican Gold\") (TSXV: MEX) is pleased to announce the final assay results from the 2020 drilling program in which a total of 65 holes were drilled for 10,221m. All of the drilling reported in this news release targeted potential extensions of several zones in the El Dorado resource area. Highlights: Hole LM-20-ED-76 intersected 21m of 9.82 g/t AuEq in the recent El Dorado (“ED”) zone extension and 10m of 6.39 g/t AuEq in the West Dike Contact (“WDC”) zone. This hole confirmed the increase in width of the WDC zone ore shoot by 150% at the south end. Multiple intersections in hole LM-20-ED-81 including 52m of 3.17 g/t and 12m of 4.31 g/t AuEq confirmed a WDC Zone extension of more than 135m by 150m. Hole LM-20-ED-73 intersected 28.3m of 2.03 g/t AuEq in the East Dike Contact (“EDC”) zone ore shoot 150m to the south-east of the previous intersection. * Refer to the drill results table below for estimated true widths and depths “These results mark the successful conclusion of our 2020 drill program which was designed to expand and upgrade resources at the El Dorado resource zone. Drilling demonstrated that the deposit remains open in several directions and significantly expanded tonnage. This drilling will form the basis for an updated resource model and a Preliminary Economic Assessment at Las Minas,” stated Philip O’Neill, Chief Executive Officer. Hole ID From(m) To(m) Length(m) AuEqg/t Au g/t Cu% Est. TrueWidth (m) Azimuth Dip LM-20-ED-72 60.5 78.5 18 3.38 2.45 0.6 6-8 185 -75 including 60.5 72.5 12 4.64 3.34 0.84 4-5 LM-20-ED-73 197.1 225.4 28.3 2.03 1.48 0.36 20 80 -55 LM-20-ED-75 143 147 4 2.65 1.78 0.58 3 115 -55 and 157 172 15 2.76 2.42 0.22 11 and 189 193 4 2.11 1.92 0.12 3 LM-20-ED-76 139 149 10 2.14 1.23 0.61 7.5 99 -50 and 179 200 21 9.82 9.32 0.33 16.1 LM-20-ED-77 110.7 120.7 10 3.52 2.09 0.96 uncertain 90.5 -53 LM-20-ED-78 141 143 2 2.09 1.85 0.32 1.5 88 -55 and 163 165 2 1.74 1.37 0.24 1.5 LM-20-ED-79 89 91 2 2.01 1.5 0.31 1.5 95 -55 LM-20-ED-81 96 106 10 2.58 1.72 0.54 uncertain 212 -70 and 128 180 52 3.17 1.5 1.1 uncertain including 128 162 34 3.94 1.83 1.4 uncertain and 193 205 12 4.31 2.55 1.18 11  ...