Golden Tag Resources Ltd. (TSX-V:GOG, OTCQB:GTAGF) announced complete results from diamond drill holes 21-62 and 22-63 at its 100% owned San Diego project in Mexico, which included 1,095 grams per tonne (g/t) silver equivalent over 0.6 metres (m) within the CSplay Zone as well as 541 g/t silver equivalent over 1.7m in the Canta Zone.
The company said the CSplay Zone has a minimum vertical strike length of 300m and follow-up drilling is being planned.
“The two holes reported today showcase how the San Diego Project can deliver exceptionally high-grade mineralization, relatively close to surface,” Golden Tag Resources CEO Greg McKenzie said in a statement.
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“During Q1/22 we have now reported a total of four high-grade intersections each in excess of 1,000 g/t silver equivalent, from within the CSplay Zone which has a known vertical strike of length of 300m. We are also pleased with the additional high-grade results within the Montanez and the 57 Target area,” McKenzie added.
Golden Tag also noted that it is currently following up with detail surface mapping to better understand the geometry of the 57 Target mineralization.
Toronto-based Golden Tag Resources considers its San Diego project to be one of Mexico’s largest undeveloped silver assets, with an estimated Indicated resource of 31.6 million silver ounces at an average grade of 60 g/t and 438 million pounds of zinc, along with an Inferred silver resource of 83.8 million ounces at 62 g/t and 1.2 billion pounds of zinc. The resource estimate, completed in 2013, is based on 59 holes totaling 33,000m.
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