Progress at $RHCN.v's Santa Daniela project. Ranchero Gold (TSXV: RNCH) has advanced its comprehensive reconnaissance program at the Santa Daniela project located in Sonora, Mexico.
New targets have been identified and previously known targets have been further refined. Initial field visits have confirmed the presence of gold in surface sampling, and the development of drill targets is ongoing.
Nine targets have been identified as high priority, and follow-up field visits are underway at all locations.
The Sierra Madre Occidental, where Ranchero is actively exploring, is a prolific gold belt that hosts multiple major mining operations and significant deposits. The addition of new prospects allows Ranchero to demonstrate the district-scale potential of the greater Santa Daniela land package and further unlock value for our shareholders.
These are really exciting developments for this junior explorer, and I’m excited to see how the project develops in the coming months.
$RNCH.v is currently trading at $.17, presently valued at $11.18 million.
https://www.globenewswire.com/news-release/2022/05/25/2450105/0/en/Ranchero-Gold-Announces-Advancement-of-Comprehensive-Reconnaissance-Program-at-Santa-Daniela.html