2021-01-27 07:49:15 AUMN Golden Minerals
01/27/21 01/2707:49 01/27/2107:49 | Golden Minerals receives assay results from drill campaign at Yoquivo ProjectGolden Minerals Company announced it has received assay results from its recent 3,400-meter, 15-hole drill campaign at the Company's Yoquivo gold-silver district-scale property in Chihuahua, Mexico. Highlights include the following: YQ_20_001 Pertenencia Vein: 1.3m grading 5.69 g/t Au and 223 g/t Ag within; 4.2m grading 2.34 g/t Au and 190 g/t Ag. YQ_20_002 Pertenencia Vein: 0.6m grading 1.14 g/t Au and 423 g/t Ag within; 1.9m grading 0.45 g/t Au and 150 g/t Ag. YQ_20_006 Esperanza Vein: 1m grading 5.0 g/t Au and 118 g/t Ag within; 3.6m grading 1.77 g/t Au and 49 g/t Ag. YQ_20_007 Esperanza Vein: 0.4m grading 8.76 g/t Au and 60 g/t Ag within; 2.8m grading 1.2 g/t Au, 65 g/t Ag. YQ_20_010 New Vein: 0.2m grading 15.4 g/t Au and 1150 g/t Ag within; 5.4m grading 1.9 g/t Au and 135 g/t Ag. YQ_20_011 New Vein: 3.0m grading 4.2 g/t Au and 734 g/t Ag within; 12.3m grading 1.3 g/t Au and 225 g/t Ag. YQ_20_012 New Vein: 0.3m grading 135.5 g/t Au and 7480 g/t Ag within; 1.2m grading 34 g/t Au and 1895 g/t Ag. Yoquivo covers a large, low-sulfidation epithermal vein system with limited historic production. The Company has identified four separate vein systems in which surface sampling has returned grades up to 4,050 g/t silver and 27.7 g/t gold from surface. See Golden Minerals' press release dated Oct. 31, 2018 for details: AUMN Identifies High-Grade Gold and Silver Veins at Yoquivo. Golden Minerals completed the phase one drill program in December 2020, and drilled 15 holes totalling approximately 3,400 meters exploring the four known vein systems exposed on the property. The exploration program was designed to target the Pertenencia, San Francisco and Esperanza vein systems to better understand the nature and distribution of the gold-silver mineralization. Of substantial interest is the discovery of a new vein parallel to and east of the Pertenencia vein. While the other principal veins have been partially mined from surface to the water table in the case of San Francisco and Pertenencia, and over a much less extensive vertical interval in the case of El Dolar and Esperanza, the new vein is unmined from surface. | |
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