Ranchero Gold Corp V.RNCH

$RNCH phase I drill results

[StockHawk1]

For those into jr. gold, Ranchero ($RNCH.V) recently released  results from the first phase of drilling its Maz Azul prospect which is part of its Santa Daniela gold project.

All 16 completed drill holes have intersected gold mineralization and drilling at one target intersected 1.2 g/t gold over 15.6 meters along strike from 4.0 g/t gold over 31.5 meters.

At the same target successfully extended near-surface gold mineralization over 260 meters along strike where it remains open.

With the infomation gathered in this phase of drilling, $RNCH will update its geologic mapping of Maz Azul which is expected to greatly enhance its ability to develop new targets there.

The second phase drill program will focus on expanding the newly discovered gold mineralization and is planned for later this year. 

$RNCH closed in the green at  $0.285, MC is $18.735M

https://ca.finance.yahoo.com/news/ranchero-gold-further-extends-gold-110000971.html