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Evrim Announces Return of the Cerro Cascaron Project
VANCOUVER, BC / ACCESSWIRE / March 27, 2020 / Evrim Resources Corp. (TSX.V:EVM) ("Evrim" or ...
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[{"type":"text","content":"Evrim Announces Return of the Cerro Cascaron ProjectVANCOUVER, BC / ACCESSWIRE / March 27, 2020 / Evrim Resources Corp. (TSX.V:EVM) (\"Evrim\" or the \"Company\") announces that it has terminated the option agreement with Harvest Gold Corporation (\"Harvest Gold\") on the Cerro Cascaron project in southwestern Chihuahua, Mexico. Evrim and Harvest Gold Corporation (\"Harvest Gold\") completed two seasons of exploration and ten diamond drill holes at Cerro Cascaron. Drilling results (see Evrim news release dated March 19, 2019) included 20.10 grams per tonne (\"g/t\") gold and 22.5 g/t silver over one metre in drill hole SPT18-01 at the Serpiente Dorada prospect, and 5.39 g/t gold and 23.7 g/t silver over 0.35 metres in SPED19-02 at the San Pedro prospect. These results and extensive areas of gold-silver showings at lower elevations have not been followed up or tested by drilling.Evrim thanks Harvest Gold for their contribution to the Cerro Cascaron project and is seeking a new partner to continue the exploration program.Dave Groves, Evrim's VP of Exploration notes, \"Cerro Cascaron is a large concession with extensive epithermal vein and breccia development along arc normal structures in the high country of the Sierra Madre Occidental. Much of the vein field, which is developed over some 900 metres of elevation, remains unexplored, including virtually all of the andesitic Lower Volcanic Sequence (LVS) mapped at lower elevations along seven kilometres of gold-bearing structures.\"About the Cerro Cascaron ProjectCerro Cascaron is located 55 kilometres southeast of Goldcorp Inc.'s past-producing El Sauzal gold mine in the Sierra Madre Occidental in Chihuahua state, Mexico (Figure 1). The project covers 69 square kilometres of ground and includes a high-grade gold-silver epithermal vein field spanning approximately 18 square kilometres in the eastern third of the property (Figure 2). Gold-bearing veins, quartz-annealed breccia and silicification of porous tuffaceous units have been mapped and sampled along two major northeast-striking trends and over some 900 vertical metres.Channel sampling and mapping completed by Evrim in 2016 outlined several areas of high-grade gold veins within the 18 square kilometre vein field at Cerro Cascaron. Surface exploration results included:Up to 39 g/t gold in chip-channel samples of quartz-tourmalin...