$RNCH.v identifies new gold targets at Santa Daniela Ranchero Gold (TSXV: RNCH) has provided some highly optimistic updates regarding its 100% owned Santa Daniela gold concessions located in Sonora, Mexico.
The company has identified an additional 47 exploration targets in addition to Maiz Azul - the Company’s first gold discovery at Santa Daniela. Nine targets have been identified as high-priority targets, and follow-up field visits are underway.
The company is progressing towards additional drill targets by year-end, in addition to drilling that is expected to commence at Maiz Azul in the second half of this year.
With these new targets identified, there’s going to be a lot of exciting news to watch for from Ranchero this year. The Sierra Madre Occidental, where the company’s project is located, is a prolific gold belt that hosts multiple major mining operations and significant deposits. The addition of new prospects will allow Ranchero to demonstrate the district-scale potential of the greater Santa Daniela land package and further lock in value for shareholders.
$RNCH.v is currently trading at $.2, up almost 39% from Monday’s prices. The company is presently valued at CAD $13.15 million.
https://ceo.ca/@nasdaq/ranchero-gold-announces-advancement-of-comprehensive