Mining News - Published on Fri, 23 Oct 2020

Soma Gold Corp announced the results of the next phase of the ongoing drilling program to delineate the northern extension of the Cordero Balvina mine on the El Bagre Project. Operadora Minera has successfully completed 12,240m of its planned 15,000m of 2020 drilling program. The results presented here correspond to 38 drill holes completed to date in the north extension of the Cordero-Balvina target, located in the El Bagre Mining Project. The drill holes were carried out approximately perpendicular to the vein direction as to have down-hole lengths as close as possible to vein widths. The drilling results have extended the Cordero-Balvina vein extension to the north by 500m and down dip by 200m. Ten drill holes intercepted high-grade gold over thick continuous intervals, and sixteen drill holes intersected low-grade gold.

Highlights:

Drill hole BCNDDH_20_011 intersected 3.05 meters, from 194.90 to 197.95m, of milky quartz-carbonates vein with veining of sulphides mainly pyrite followed by galena and chalcopyrite and small content of tellurides, grading 18.98 g/t Au.

The above includes 0.80 meters of semi-massive sulphides grading 56.90 g/t Au, starting at 195.70 meters.

Drill hole BCNDDH_20_014 intersected 1.90 meters, from 220.76 to 222.66m, of milky quartz-carbonates vein with veining of sulphides mainly fine-grained pyrite and galena, grading 13.99 g/t Au.

The above includes 0.95 meters of fine-grained veining of galena-pyrite, grading 23.00 g/t Au, starting at 221.71 meters.

Drill hole BCNDDH_20_018 intersected 1.80 meters, from 240.80 to 242.60m, of milky quartz-carbonates vein with fine-grained veining of sulphides mainly pyrite, grading 17.65 g/t Au.

The above includes 0.90 meters of fine-grained veining of sulphides grading 23.07 g/t Au, starting at 240.80 meters and 0.60 meters of fine-grained veining of sulphides grading 16.87 g/t Au, starting at 242.00 meters.

Drill hole BCNDDH_20_022 intersected 3.70 meters, from 203.90 to 207.60m, of milky quartz-carbonates vein with veining of sulphides mainly pyrite followed by galena and tellurides, grading 7.33 g/t Au.

The above includes 0.80 meters of fine-grained veining of galena and tellurides grading 19.69 g/t Au, starting at 206.40 meters.

Drill hole BCNDDH_20_34 intersected 1.55 meters, from 243.9 to 245.45m, of milky quartz-carbonates vein with veining of fine-grained pyrite and tellurides, grading 7.62 g/t Au.

The underground gold project is located 167km northeast of Medellin, in the department of Antioquia, within the jurisdiction of Zaragoza and El Bagre municipalities. The El Bagre underground gold operation includes the La Ye and Mangos gold mine and the Cordero-Balvina gold exploration project.

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Posted By : Yogender Pancholi on Fri, 23 Oct 2020