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Minera Alamos Intersects 248 Metres of 0.60 G/t Gold Ending in Mineralization from Ongoing Drilling at the Santana Gold Project, Sonora, Mexico
Toronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) -   M...
About this update from Minera Alamos Inc.
[{"type":"text","content":"Minera Alamos Intersects 248 Metres of 0.60 G/t Gold Ending in Mineralization from Ongoing Drilling at the Santana Gold Project, Sonora, MexicoToronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - April 30, 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, Sonora, Mexico. The new holes were intended primarily to evaluate the southwest and southerly extensions of the Nicho main zone as the Company works to fully define the outer limits of the proposed Nicho pit. A deeper hole (S20-134) was also drilled to test the geological structures at vertical depths below most of the previous drilling completed at Nicho. Both objectives met with success as the Company continued to expand the known mineralization to the south-southwest while also demonstrating the depth potential of the Nicho pipe system with hole S20-134 finishing in strong mineralization at 314.7m (down hole).Drilling Highlights: Hole S19-132 - 143.7 m of 0.50 g/t AuHole S20-134 - 247.9 m of 0.60 g/t Au (ending in mineralization) Expansion of known area of Nicho mineralization by 50-100m to the south-southwest across an east-west fence of drill holes covering 150-200m of strike extent Completion of Hole S20-134 to a vertical depth in excess of 300m which delineated the longest and deepest gold mineralization encountered to date in the Nicho zone (remains open) \"This initial phase of our ongoing drill activities at the Santana project was intended primarily to confirm the margins of the Nicho mineralization as we work to optimize open pit modelling for the pending start of mining operations. Rather than closing off the limits of the deposit in this area we have demonstrated significant potential for further expansion to the south and southwest\" stated Darren Koningen, CEO of Minera Alamos. \"Furthermore, hole S20-134 delineated the longest and deepest interval of mineralization ever drilled at Nicho extending down to a vertical depth of greater than 300 meters. This is well below the limits of the majority of previous drilling activity that focused on the definition of near-surface mineralization down to a depth of approximately 150m. The fact the hole remained in mineralization when it was stopped and has yet t...