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Minera Alamos Defines Significant Surface Exposure Surrounding New Divisadero Porphyry Discovery Hole -- 95.7 Metres of 1.47 G/T Gold Equivalent -- at the Santana Project, Sonora, Mexico
Toronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - November 15, 2018) -  ...
About this update from Minera Alamos Inc.
[{"type":"text","content":"Minera Alamos Defines Significant Surface Exposure Surrounding New Divisadero Porphyry Discovery Hole -- 95.7 Metres of 1.47 G/T Gold Equivalent -- at the Santana Project, Sonora, MexicoToronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - November 15, 2018) -  Minera Alamos Inc. (TSXV: MAI) (the \"Company\" or \"Minera Alamos\") is pleased to report that additional mapping and surface sampling of the new Divisadero porphyry discovery has successfully delineated a significant surface exposure of the target which remains open in all directions. To date, a combination of outcrop and limited outcrop/float samples have confirmed the expression of the known porphyry system for over 300 m before it disappears under soil cover (see figure 1).This work was conducted following the recent success of Phase 1 drill hole S18-121 that intersected a broad zone of a porphyry hosting significant gold, silver and copper mineralization approximately 200 m north of the Nicho Norte breccia pipe. The hole was the first drilled into this new style of polymetallic mineralization that is associated with an andesite porphyry unit related to disseminated pyrite and intrusive breccias. Divisadero Zone Highlights:Hole S18-121 - 95.7 m of 0.85 g/t Au, 9.8 g/t Ag and 0.33% Cu - (1.47 g/t AuEQ) from 32 mIncluding 70.0 m of 1.1 g/t Au, 11.8 g/t Ag and 0.56% Cu - (1.88 g/t AuEQ) beginning at 55 m down hole (see press release 2018-10-25);Sixty-six (66) rock samples assayed with over 50% exhibiting grades in excess of 0.10 g/t gold - assays ranging up to 2.2 g/t gold;Mineralized surface exposure surrounding drill hole S18-121 in excess of 200m x 300m;Mineralization appears to remain open to the north and south under thin soil cover;Extent of the gold mineralized systems surrounding the Company's flagship Nicho (Main/Norte) deposits now extends along NW-SE trend for at least 1.2-1.3 km (see figure 2).\"Following the initial drill hole discovery of the new Divisadero porphyry system, our exploration team began the process of mapping and sampling the available surface exposure around this exciting new target. With over half the surface rock samples returning greater than 0.1 g/t gold, we have confirmed the potential of the new system and have successfully followed the known extents of the Divisadero mineralization for a distance of a...