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Mexican Gold samples 90.82 g/t Gold and 37.2 g/t Silver over 0.42 metres at Pueblo Nuevo historical Mines
THUNDER BAY, Ontario, April 18, 2018 (GLOBE NEWSWIRE) -- Mexican Gold Corp. ("Mexican Gold" or the "Company") (TSXV:MEX) (OTCQB:MEXGF) (FRA:4QW1) is pleased to
About this update from Mexican Gold Mining Corp.
[{"type":"text","content":" THUNDER BAY, Ontario, April 18, 2018 (GLOBE NEWSWIRE) -- Mexican Gold Corp. (\"Mexican Gold\" or the \"Company\") (TSXV:MEX) (OTCQB:MEXGF) (FRA:4QW1) is pleased to announce initial sampling results for four high-grade gold bearing veins at its Pueblo Nuevo concession. The sampling was carried out at the historical Timiahua I, Tamiahua II, Dos Rios and El Cajon mines. Sampling results at the Tamiahua I reported 90.82 g/t gold and 37.2 g/t silver over 0.42 metres contained within 2.2 metres grading 17.01 g/t gold and 7.61 g/t silver. A grab sample of quartz vein material at the El Cajon mine yielded 32.2 g/t gold and 231.0 g/t silver. The high-grade gold bearing veins were sampled as part of the Mexican Gold’s 2018 Phase 1 field exploration program being carried out at the Pueblo Nuevo concession, Santa Cruz and Changaro zones. The field exploration work is on-going and includes mapping, sampling and trenching and constructing access trails – see press release March 27, 2018. Highlights from the sampling program include: The Timiahua I vein yielded 90.82 g/t gold and 37.2 g/t silver over 0.40 metres contained within 2.2 metres grading 17.01 g/t gold and 7.61 g/t silver The Timiahua II vein sampled 10.65 g/t gold and 21.1 g/t silver over 0.45 metres A grab sample of the quartz veining at the Cajon mined assayed 32.2 g/t gold and 231 g/t silver Sampling of the vein at the Dos Rios mine graded 5.43 g/t gold and 40.88 g/t silver over 1.18 metres Brian Robertson, President and CEO, commented: “These initial high-grade sample results exceeded our expectations and further confirm historical reports on the high-grade vein structures at Pueblo Nuevo. We continue to discover more historical workings with our extensive on-going field exploration program.” The Pueblo Nuevo veins occur as mesothermal quartz veins and are generally 20 to 50 cm in width, strike NNE with sub-vertical dips and lack post-mineral deformation. The dioritic wall rock shows argillic alteration and sulphides over 30 cm to 1 metre on either side of the veins. Wider zones of multiple, parallel quartz veinlets have recently been found in some areas. Most of the mines within the area are below the diorite sill contact, but the largest mine resides in altered carbonates above the contact. The La Miqueta mine, which has 21 known levels, lies within a 400 metre-wide zone...