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Candelaria Mining Announces Additional High-Grade Drill Results in Pinos Project

Mining News - Published on Mon, 02 Dec 2019

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Candelaria Mining Corp announced in-fill drill results from the Cinco Estrellas Vein at the Pinos Gold Project located in Zacatecas, Mexico. Candelaria CEO Mr Curtis Turner said “These results are very encouraging. Our exploration programs continue to find high gold grades throughout the district. This recent in-fill drilling program is part of our near-term plans to develop Pinos Gold Project which aims to process up to 400 tonnes per day."

The 20 holes in-fill drilling program confirms the grade and continuity of the Cinco Estrellas vein and includes the following intervals
2.4 m at 5.3 gpt AuEq (4.2 g/t Au, 92.3 g/t Ag)
3.7 m at 4.4 gpt AuEq (3.7 g/t Au, 62.2 g/t Ag)
1.3 m at 6.2 gpt AuEq (6.0 g/t Au, 16.0 g/t Ag)
1.8 m at 7.3 gpt AuEq (8.3 g/t Au, 51.0 g/t Ag)

In-fill drilling has increased the confidence of mineral resources and the continuity of high grades along Cinco Estrellas vein, particularly, the San José de Peñitas zone. The 20 drill holes released today are in addition to the 33 drill holes previously announced on October 31, 2016

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Posted By : Rabi Wangkhem on Mon, 02 Dec 2019
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