Golden Tag Resources Ltd (CVE:GOG) (OTCQB:GTAGF) has announced the complete results from diamond drill hole 21-56A, part of a program targeting bulk-tonnage mineralization on its 100%-owned San Diego silver project in Mexico.
"These drill results are very encouraging, proving our concept that the large bulk tonnage underground targets are prime for expansion,” said Golden Tag CEO Greg McKenzie in a statement.
“The mineralization drilled in hole 56A has resulted in (1) a 63 m (~25%) extension of the Fernandez Zone mineralization located on the SE boundary and (2) the expansion of the Trovador SZ down dip 335 m, along with a 19% improvement in grade over the initial discovery in hole 11-42. The TSZ is now our second sizable underground bulk tonnage target, and the current exploration program has outlined a total vertical extent of over 550 m in this zone, commencing approximately 200 vertical m above the Fernandez Zone. The proximity between these two zones gives the potential of future shared underground access and infrastructure.”
READ: Golden Tag discovers new zone of epithermal mineralization at its San Diego silver project in Mexico
Key highlights included:
- Hole 21-56A successfully extended mineralization in the Trovador Structural Zone (Trovador SZ or TSZ) 335 metres (m) downdip intersecting 105.77 grams per ton (g/t) silver equivalent (Ag.Eq) over 116.45m. Total vertical extent of the zone is now over 550m and remains open.
- Fernandez Fringe Zone-style endoskarn and exoskarn mineralization was intersected over a combined width of 256.5m, extending the zone a minimum of 63m to the southeast, which includes 106.93 g/t Ag.Eq over 86.64m from 465.31 to 551.95m as well as 97.29 g/t Ag.Eq over 169.83m from 564.34 to 734.17m
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