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Mexican Gold Samples 81.3 g/t Gold, 91.1 g/t Silver and 17.1% Zinc Over 0.20 Metres at Newly Discovered Pueblo Nuevo Vein
THUNDER BAY, Ontario, July 10, 2018 (GLOBE NEWSWIRE) -- Mexican Gold Corp. ("Mexican Gold" or the "Company") (TSX-V:MEX) (OTCQB:MEXGF) (FRA:4QW1) is pleased to
About this update from Mexican Gold Mining Corp.
[{"type":"text","content":" THUNDER BAY, Ontario, July 10, 2018 (GLOBE NEWSWIRE) -- Mexican Gold Corp. (\"Mexican Gold\" or the \"Company\") (TSX-V:MEX) (OTCQB:MEXGF) (FRA:4QW1) is pleased to announce that its on-going field exploration program at Pueblo Nuevo continues to yield high-grade sampling results. Recent assays from sampling of newly discovered surface outcrops and historical mines include: 81.3 g/t Au + 91.1 g/t Ag + 17.1% Zn over 0.20 metres 25.2 g/t Au + 165.8 g/t Ag over 0.15 metres 29.5 g/t Au + 95.5 g/t Ag + 8.5% Zn over 0.20 metres The 2018 fieldwork has focused on two extensive mineralized zones of historical mining importance: gold-bearing quartz vein deposits at Pueblo Nuevo and the gold skarns of Changarro. With 26 workers and three geologists on site, the company has been making significant progress investigating these previously under-explored areas. As detailed in earlier press releases (see press releases May 31, 2017, March 27, 2018, April 18, 2018) multiple lost historical mines and workings have been discovered along with many new veins and mineralized showings in a mineralized corridor extending up to 600 metres along strike and contained within a 400-metre-wide shear zone. See Figure 1 below for a plan view of the Pueblo Nuevo vein deposits and mineralized zones at Las Minas, including the El Dorado/ Juan Bran and Santa Cruz resource outline. Figure 1 Plan of the Las Minas Area Showing 2018 Surface Exploration Zones Brian Robertson, President & CEO, stated, “Our on-going field exploration work continues to deliver high-grade assays from historical mines and well as new discoveries within the Pueblo Nuevo mineralized corridor. These results from several high- grade veins clearly demonstrate the extent of the high- grade mineralization at Pueblo Nuevo.” Pueblo Nuevo Multiple new vein occurrences have been discovered in the Pueblo Nuevo Valley structural corridor, located to the east and parallel to the La Miqueta structure. The area of the Valley carrying mineralized quartz veins now has a demonstrated width of at least 400 metres Several high-grade results from initial sampling, spread over more than 600 metres of strike length, will be investigated further. Selected results are in Table 1 below. Table 1 Selected Surface and Underground Sample Results from Newly Discovered Veins Location Northing Easting...