Golden Minerals Company (TSX: AUMN) has obtained further good results from the final 10 holes of the third drill programme conducted at its Yoquivo gold-silver project in northwest Chihuahua state, Mexico.
Highlights from the programme include:
- 4.80m grading 1.45g/t Au and 510g/t Ag from the Camila vein
- 2.29m grading 3.86g/t Au and 668g/t Ag from the Pertenencia Vein
- 1.16m grading 4.25g/t Au and 449g/t Ag from the Camila Hangingwall Vein
- 1.65m grading 1.30g/t Au and 545g/t Ag from the San Francisco Vein system
The 2022 drill programme commenced in May 2022 and was comprised of 34 holes totaling 9,268.35m. The programme was designed to follow up on high-grade intercepts from the company’s 2020 and 2021 drilling campaigns.
To date, the company has drilled 70 drill holes totalling over 16,000 m at Yoquivo. The primary focus of the 2022 third drilling programme was to sufficiently drill the Pertenencia vein system in order to advance the project towards an initial mineral resource estimate compliant with Canadian National Instrument 43-101.
The Company began work on the mineral resource estimate in November 2022 and currently expects it should be completed in the first quarter 2023.
“Our team continues to advance our understanding of the mineralization at Yoquivo. These last holes from the 2022 program continue to return high-grade gold and silver assays from both the Pertenencia and San Francisco vein systems, and with each new drilling campaign we continue to discover additional veins and extend mineralization to greater depths than previously recognized,” said Warren Rehn, President and CEO of Golden Minerals.
“We are especially excited about hole YQ_22_034 which demonstrates that the San Francisco Footwall vein appears to be a very robust discovery. We have drilled only a small portion of the known veins in the district with numerous excellent intercepts and showings still to be offset and tested.”
For further information please visit: https://goldenminerals.com/