Oceanus Provides Update on Drilling Program at La Lajita High-Grade Gold Prospect in Mexico

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[{"type":"text","content":"Oceanus Provides Update on Drilling Program at La Lajita High-Grade Gold Prospect in Mexico(via Thenewswire.ca)\n \n \nHALIFAX, NOVA SCOTIA / TNW-ACCESSWIRE / July 2, 2014 / Oceanus Resources Corporation (TSXV:OCN) (\"Oceanus\" or the \"Company\") has completed the first six drill holes of the Phase II diamond drilling program at the high-grade La Lajita gold property in Durango, Mexico. The objective of the Phase II program is to test the downdip extension of the high grade clavos at depths between 100 and 300 meters.\n\n \n \nThe following table provides details for the first six drill holes of this program. \n\n \n\nLa Lajita Phase II 2014 Drilling Program\n\n\n\n\nHole\n\n\n\n\nEast\n\n\n\n\nNorth\n\n\n\n\nElevation\n\n\n\n\nAzimuth\n\n\n\n\nDip\n\n\n\n\nSize\n\n\n\n\nLength\n\n\n\n\nTarget\n\n\n\n\nOCN-14-008\n\n\n\n\n467533\n\n\n\n\n2561017\n\n\n\n\n1507\n\n\n\n\n75\n\n\n\n\n-65\n\n\n\n\nHQ3\n\n\n\n\n159.3\n\n\n\n\nSanto Nino\n\n\n\n\nOCN-14-009\n\n\n\n\n467533\n\n\n\n\n2561017\n\n\n\n\n1507\n\n\n\n\n75\n\n\n\n\n-80\n\n\n\n\nPQ3\n\n\n\n\n169.5\n\n\n\n\nSanto Nino\n\n\n\n\nOCN-14-010\n\n\n\n\n467533\n\n\n\n\n2561017\n\n\n\n\n1507\n\n\n\n\n360\n\n\n\n\n-90\n\n\n\n\nPQ3\n\n\n\n\n187.1\n\n\n\n\nSanto Nino\n\n\n\n\nOCN-14-011\n\n\n\n\n467447\n\n\n\n\n2560967\n\n\n\n\n1540\n\n\n\n\n360\n\n\n\n\n-90\n\n\n\n\nPQ3\n\n\n\n\n299.5\n\n\n\n\nSanto Nino\n\n\n\n\nOCN-14-012\n\n\n\n\n467641\n\n\n\n\n2560743\n\n\n\n\n1563\n\n\n\n\n80\n\n\n\n\n-55\n\n\n\n\nPQ3\n\n\n\n\n138.5\n\n\n\n\nDos Hermanos\n\n\n\n\nOCN-14-013\n\n\n\n\n467665\n\n\n\n\n2560702\n\n\n\n\n1542\n\n\n\n\n80\n\n\n\n\n-55\n\n\n\n\nPQ3\n\n\n\n\n110.5\n\n\n\n\nDos Hermanos\n\n\n \n \nLogging and sampling of the core is in process.\n\n \n \nIn September, 2013 Oceanus completed a 1,000 meter diamond drill program on the Santo Nino and Dos Hermanos gold and silver prospects. The high-grade gold and silver mineralization, associated with a distinct greenish colored quartz observed on surface in a hematite breccia zone, was intersected in all of the holes. The highlight result from the 2013 drill program was 7.1 grams per tonne gold and 48.8 grams per tonne silver over a core length of 20 meters, including 18.9 g/t gold and 71.3 g/t silver over a core length of 6.5 meters, in diamond drill hole OCN-13-005 at the Santo Nino Zone (see press released dated September 24, 2013). Visible ...

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