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Minera Alamos Continues to Expand Mineralization at Santana Gold Project, Sonora, Mexico
Toronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - June 10, 2020) - Minera Al...
About this update from Minera Alamos Inc.
[{"type":"text","content":"Minera Alamos Continues to Expand Mineralization at Santana Gold Project, Sonora, MexicoIncludes Intersection of 202 meters of 0.51 g/t gold (from surface) Ending in MineralizationToronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - June 10, 2020) - Minera Alamos Inc. (TSXV: MAI) (the \"Company\" or \"Minera Alamos\") is pleased to report additional drill results from its Phase 2 drill program at the Santana gold project in Sonora, Mexico. Phase 2 was completed over the past year and was initiated as a follow-up to the Company's first drill program at Santana during the 2018/19 period. These new holes were designed primarily to test the northern limits of the Nicho main zone and to continue to evaluate the potential for further extensions of the known mineralization to the south and southwest. The successful results from the program, which are highlighted in Table 1 below, further expands mineralization to the southwest and confirms the depth potential previously identified in hole S20-134 (see news release of April 30, 2020). The Company has also finalized initial plans for the Phase 3 drill program which will commence shortly following the resumption of post-covid mining activities in Mexico. Current plans call for an additional 20-25 holes at Nicho totaling approximately 4000m as well as the Company's first drill holes at the Zata and Gold Ridge targets in addition to the recently identified Bufita target. Drill testing on the new targets will include initial \"scout\" drill holes designed to understand the 3D geometry of the outcropping geology and associated geochemical anomalies, followed by more extensive definition drilling as warranted. In addition, the Company has further holes planned for the Divisadero target to gain a better understanding of the geometry, limits and the internal characteristics of this gold bearing intrusive centre. In total, the Phase 3 drill plans amount to approximately 6,000-7,500 m of drilling to be conducted over the second half of the year. The program could be expanded depending on the success of the initial holes on the new targets.Drilling Highlights: Hole S20-141 - 202.7m of 0.51 g/t Au (drilled vertically from surface and ending in mineralization) Completion of Hole S20-141 (depth in excess of 200m) approximately 100m southwest of previously drilled S20-134 (247.9m of 0.60...