South American focused mineral explorer, Patagonia Gold (AIM: PDG) announced further positive results from ongoing drilling at the Cap-Oeste, Manchuria and Lomada De Leiva gold-silver projects.
Drilling at the Cap-Oeste gold project within the El Tranquilo project returned back multiple holes with good intersects of gold and silver. The highlight of the latest batch of drill results was hold CO-80-D which intersected 15.2 metres grading 12.9 grams per tonne gold and 189 grams per tonne silver. Patagonia has now completed over 11,000 metres of drilling on the Bonanza Vein at Cap-Oeste. More drill results are pending, and the deposit is still open along strike in both directions and at depth.
Meanwhile at the Main Zone of the Manchuria property equally high grade results were returned from hole LM-020-D which hit 2.85 metres grading 22.35 grams per tonne gold and 401 grams per tonne silver. Drilling at Main Zone is bleding a combination of infill drilling, twinning historic drill holes, and testing for mineralisation outside of the current zone in anticipation of additional resource drilling later this year.
Finally, Patagonia also confirmed that drilling had recommenced at the Lomada de Leiva Gold deposit to expand the current resource and that a scoping study was underway.
If this wasn't enough information for investors to digest, the company also confirmed that 5 exploration holes had been completed on the Breccia Sofia Prospect - results are pending.