Latest Drilling Results released today. Highlights
- Intersected shallow high-grade mineralization outside of the MDA Resource
- 62.04 g/t Au and 28.55 g/t Ag over 2 meters ("m") (1.5 m estimated true width) interval comprising quartz vein with visible gold in drill hole SA20-443 approximately 15 m from surface
- Potential for another near surface vein with a strike extent of at least 120 m
- 29.4 g/t Au and 28.0 g/t Ag over 0.70 m in trench SA20-TR2-51 approximately 2 m from surface in a shallowly dipping quartz vein
Akiba Leisman, Chief Executive Officer of Mako states that, "when the MDA Resource was released, we stated that San Albino was open along strike and down dip. As is the case with many areas of San Albino, the SW Zone required additional drilling to better understand the geology before delineating a mineral resource. These results confirm the existence of near surface high-grade gold, which we expect to convert to mineral resources at San Albino as the drilling program advances. Importantly, exploration is continuing at Las Conchitas to the south, where we also expect to find additional mineral resources."