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Sailfish Provides Update on its San Albino Royalty; Highlighted by the Discovery of Another Gold Bearing Vein at Las Conchitas North
Sailfish Provides Update on its San Albino Royalty; Highlighted by the Discovery of Anoth...
About this update from Sailfish Royalty Corp.
[{"type":"text","content":"\n \n \n \n Sailfish Provides Update on its San Albino Royalty; Highlighted by the Discovery of Another Gold Bearing Vein at Las Conchitas North\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORTOLA,\n \n British Virgin Islands\n \n \n ,\n \n August 2, 2022\n \n /CNW/ -  Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the \"\n \n Company\n \n \" or \"\n \n Sailfish\n \n \") is pleased to report that Mako Mining Corp. (\"\n \n Mako\n \n \") has announced the discovery of another gold bearing structure at the Las Conchitas-North area of its wholly-owned San Albino-Murra property located in northern\n \n Nicaragua\n \n . The newly discovered structure was intersected in a diamond drill hole located approximately 1.44 kilometers south of the producing San Albino gold mine (\"\n \n San Albino\n \n \"), which is currently in commercial production.\n \n \n \n \n \n \n \n \n \n As a reminder to shareholders, Sailfish currently holds a gold stream equivalent to a 3% net smelter return royalty (\"\n \n NSR\n \n \") on San Albino and a 2% NSR on the Las Conchitas area which consists of Las Conchitas North, Las Conchitas Central and Las Conchitas South (collectively, \"\n \n Las Conchitas\n \n \").\n \n \n \n Cesar Gonzalez\n \n , Chief Executive Officer of Sailfish states that, \"This recent discovery is the second shallow high-grade discovery made by Mako in the last two months at Las Conchitas. This is exciting news as Sailfish holds a 2% NSR on the entire Las Conchitas area, which has a footprint that is five times the size of San Albino. We look forward to further discoveries and a maiden resource at Las Conchitas.\"\n \n \n \n Highlights\n \n \n (from Mako's\n \n July 28, 2022\n \n news release)\n \n \n \n \n Highlights of the recent drilling at Las Conchitas\n \n \n \n \n \n Las Conchitas - North\n \n \n \n \n \n \n Crucita (\"Cc\") – New Discovery\n \n \n \n \n \n 37.28 g/t Au and 34.9 g/t Ag over\n \n 2.60 m\n \n (\n \n 2.5 m\n \n ETW)\n \n \n \n \n \n Intermediate (\"Int\")\n \n \n \n \n \n 7.69 g/t Au and 5.2 ...