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Soma Gold Announces Results of New Drilling Program on Extension of the Cordero-Balvina Mineralization
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2020) - Soma Gold Corp. (TSXV: SO...
About this update from Soma Gold Corp.
[{"type":"text","content":"Soma Gold Announces Results of New Drilling Program on Extension of the Cordero-Balvina MineralizationVancouver, British Columbia--(Newsfile Corp. - October 15, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (formerly Para Resources Inc.) (the \"Company\" or \"Soma\") announced today the results of the next phase of the ongoing drilling program to delineate the northern extension of the Cordero - Balvina mine on the El Bagre Project. About the El Bagre mining projectThe underground gold project is located 167km northeast of Medellin, in the department of Antioquia, within the jurisdiction of Zaragoza and El Bagre municipalities. The El Bagre underground gold operation includes the La Ye and Mangos gold mine and the Cordero-Balvina gold exploration project (see map #1).Geology of the projectThe La Ye, Mangos and Cordero-Balvina veins are hosted in shear zones with fragile-ductile deformation within carboniferous granite rocks of the El Carmen stock. Locally this plutonic body corresponds to a leucocratic tonalite, of medium to coarse grain and phaneritic texture, composed of quartz, plagioclase, amphibole, and biotite. Lode gold type mineralization trends north-northwest to north-northeast and consists of milky white quartz containing native gold and up to 20% mixed sulphides, dominated by pyrite with occasional galena, chalcopyrite and tellurides. Sulphides and native gold distribution within the veins are patchy. The veins average approximately one meter in thickness and range from half a meter to four meters in length. Related wall-rock alteration includes haloes of moderate to pervasive sericite ± chlorite and carbonate replacing feldspar within the host intrusive.Map #1. Location of the El Bagre Mining Project.To view an enhanced version of Map #1, please visit:https://orders.newsfilecorp.com/files/3819/65999_a883663cd4761ad0_001full.jpgFinal Results Operadora Minera has successfully completed 12,240m of its planned 15,000m of 2020 drilling program. The results presented here correspond to 38 drill holes completed to date in the north extension of the Cordero-Balvina target, located in the El Bagre Mining Project. The drill holes were carried out approximately perpendicular to the vein direction as to have down-hole lengths as close as possible to vein widths. The drilling results have extended the Cordero-Balvina v...