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Mogotes Metals Rock Chip and Trench Channel Assay Extend New Rincon Copper - Gold - Silver Prospect at the Filo Sur Project in the Vicuna District Argentina
Toronto, Ontario--(Newsfile Corp. - July 31, 2024) - Mogotes Metals Inc. (TSXV: MOG) ("Mogotes", ...
About this update from Mogotes Metals Inc.
[{"type":"text","content":"\nMogotes Metals Rock Chip and Trench Channel Assay Extend New Rincon Copper - Gold - Silver Prospect at the Filo Sur Project in the Vicuna District ArgentinaToronto, Ontario--(Newsfile Corp. - July 31, 2024) - Mogotes Metals Inc. (TSXV: MOG) (\"Mogotes\", or the \"Company\") is pleased to announce further positive gold-silver-copper rock chip assay expand the Rincon prospect, at the Filo Sur project adjoining the world class Filo del Sol Cu-Au-Ag High Sulfidation Epithermal (HSE) and Porphyry (PCD) project in the Filo del Sol, Vicuna District, Argentina (Figure 1).Reconnaissance rock chip and channel samples return assays up to 6m at Au: 1.32 Au and 94.3 g/t Ag from advanced argillic and vuggy silica high sulfidation epithermal structuresTrench channel sampling returns anomalous length weighted average assay results of 150m at 0.23 g/t Au, 1.4 g/t Ag, 620 ppm Cu and 461ppm Zn from a zone of high intensity sheeted quartz veinlet zone hosted in phyllic to propylitic altered quartz diorite stockCombined Rincon results outline a 1.1 km long zone with indications of the upper level of a Maricunga style Au-Cu porphyry with structurally controlled, overprinting high sulfidation epithermal Au-Ag (Cu) mineralization Mogotes geophysical anomalies underlying Rincon Au-Ag-Cu-Pb-Zn mineralization define potentially attractive drill targets for up coming Spring - Summer program planned to commence in October 2024 The Rincon soil Au-Cu-base metal anomaly remains untested for a further 1.2 km to the south of this seasons trenching suggesting potential to significantly extend the mineralized trend CEO, Allen Sabet, stated: \"These encouraging results confirm that where we explore in the Filo Sur project using good science, we are rewarded. This new zone extends a brand new exploration target area for several kilometres north-south, and we believe that further exploration will create attractive drill targets here. We are keen to get back on the ground and keep extending this south, east, and west and see what the Rincon area has to offer in our coming field season.\"NEXT STEPS:Corporate: Webinar discussion on key target areas Next steps at the Rincon target -> Spring - Summer (October 2024 to May 2025)Extend existing trenches to open up full width of sheeted vein zone New trenches to test Au Cu Ag Zn soil anomaly to the south of T2Preparation...