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Bullboard - Stock Discussion Forum
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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TSXV:RNCH - Post Discussion
Ranchero Gold Corp
> Assay results from Maíz Azul looking promising
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waves1
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Post by
waves1
on Jan 24, 2022 6:07pm
Assay results from Maíz Azul looking promising
Gold looking good in this bear market so far - they're the only stocks of mine in the green rn, including Ranchero Gold ($RNCH.v)
$RNCH recently announced the first set of assay results from its inaugural drill program at the highly prospective Maz Azul Target at its Santa Daniela project. Maz Azul is $RNCH's most advanced prospect and is currently comprised of three drill targets,
Highlights:
Gold mineralization in all drill holes from 3,000-meter drill program
High-grade intersection of 4.00 g/t gold over 31.5m, including 9.93 g/t gold over 12m of near-surface gold mineralization
Intersection of 1.08 g/t gold over 21m confirmed mineralization open at depth and along strike on land concessions
$RNCH will be providing regular exploration updates as drilling continues at Maz Azul. Bill Pincus, CEO of $RNCH, commented that these results are a tremendous start as it confirms the presence of significant gold mineralization within their land concession that exceeds 22,300 hectares.
https://financialpost.com/globe-newswire/ranchero-gold-intersects-high-grade-and-near-surface-gold-mineralization-of-4-0-g-t-over-31-5-meters
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gossamer5
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Comment by
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on Jan 25, 2022 12:30am
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