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Evrim's JV Partner First Majestic plans drilling the Ermitano Gold-Silver Project
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2016) - Evrim Resources Corp. (TSXV: E...
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[{"type":"text","content":"Evrim's JV Partner First Majestic plans drilling the Ermitano Gold-Silver ProjectVancouver, British Columbia--(Newsfile Corp. - July 13, 2016) - Evrim Resources Corp. (TSXV: EVM) (\"Evrim\" or the \"Company\") and exploration partner First Majestic Silver Corp. (TSX: FR) (NYSE: AG) (\"First Majestic\") are pleased to announce a 2,000 metre drill program has been planned at the Company's Ermitaño gold-silver property in Sonora, Mexico. The program follows up exploration completed by First Majestic in 2015, where drilling tested new targets at the Ermitaño East and Veta Valentina areas. Exploration HighlightsA US$640,000 exploration program including six drill holes is planned in the Ermitaño West area, located approximately three kilometres southeast of First Majestic's Santa Elena silver and gold mineThe principal Ermitaño West vein shows thickness ranging from 2.0 metres to 3.5 metres wide, outcrops over more than 500 metres of strike, and has never been drilledTwenty of 912 rock samples taken at Ermitaño West exceed 1.0 gram per tonne (\"g/t\") gold to a maximum of 6.63 g/t gold Drilling at Ermitaño East in 2015 intersected anomalous gold throughout two of three holesThree of seven holes drilled at Veta Valentina in 2015 intersected anomalous gold and base metal valuesStewart Harris, Evrim's Vice President of Technical Services commented, \"The drilling program at the Ermitaño West target represents an excellent opportunity to add to the mineral endowment of a 10 kilometre by 15 kilometre trend, which includes Ermitaño East, Veta Valentina, Durazno area, and the Santa Elena Mine. Vein structures at Ermitaño West exhibit similar structural characteristics to the east-striking principal veins at Santa Elena and vein textures suggest a shallow level of exposure in this low to intermediate sulphidation epithermal system. The shallow level of exposure suggests that the most prospective part of the epithermal gold-silver system has been preserved beneath this untested target.\"Ermitaño WestThe Ermitaño West zone (see Figure 1) consists of a network of low to intermediate sulphidation east-west trending epithermal veins and stockwork. The veining covers an area of 1,200 metres long and 600 metres wide with 912 rock samples averaging 0.12 g/t gold over widths ranging from 0.1 metr...