Ranchero Gold Corp V.RNCH

Alternate Symbol(s): RNCHF

Metals & Mining Industrial Metals & Minerals

Ranchero Gold Corp. is a Canada-based gold exploration and development company. The Company is focused on its 100%-owned Santa Daniela project located in Sonora, Mexico. The Santa Daniela project consists of a land package in excess of 22,200 hectares (ha) within Mexico’s Sierra Madre Occidental, which is a gold belt. The Santa Daniela project is also near various gold mining operations in the region. The claims are subject to a 2% gross value royalty of all commercial production from the claims. Maiz Azul is the Company’s most advanced prospect where exploration efforts are underway. The Company’s subsidiaries include Melior Resources Corp. and Minera y Metalurgia Paika SA de CV.

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Ranchero Gold Corp > Intersects High Grade and Near Surface Gold Mineralization

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Post by SaintSeiyaon Jan 18, 2022 7:39am

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Post# 34327438

Intersects High Grade and Near Surface Gold Mineralization

Highlights of the Drill Results:

Gold mineralization was encountered in all of the first three drill holes from the Company’s 3,000-meter drill program.
High grade intersection of 4.00 g/t gold over 31.5 meters including 9.93 g/t gold over 12.0 meters of near surface gold mineralization was encountered in drill hole MA 21-10.
Additional drill results including drill hole MA 21-11 which intersected 1.08 g/t gold over 21.00 meters provided confirmation that mineralization remains open at depth and along strike on the Company’s land concessions.
Drilling has resumed at Maz Azul and the Company will provide regular exploration updates over the course of the first quarter and going forward.