Aloro Mining Corp. takes pleasure in announcing that it will proceed with drilling at the Los Venados (LV) Project by May 11th, 2019. The first stage of drilling will involve four drill holes for about 1200 m of drilling.
The focus of the new drilling will be on the blind target in the southeast corner of the Los Venados concession, which was identified by drill hole LVRC-012, dividing 32 m of blind strong silicic alteration with brecciated vuggy silica and sulfides comprising of the best gold intercept of 4.57 m of 1.72 g/t Au.
The intercept is considered to be at the edge of concealed felsic dome just as the one having high-grade mineralization in the Escondida zone 1300 m to the east. More details on the previous drill results of the company are available in a news release dated February 5th, 2019.
The reverse circulation (RC) drill rig was advanced from Hermosillo, Sonora to Matarachi, Sonora on May 7th, 2019, for preparation. The RC drill rig will be on site in Mulatos on May 10th, 2019, for drilling and preparation.
At present, the bulldozer makes the drill pads and access roads at the drill sites before the arrival of the drill rig.
New mapping and sampling by the Aloro geological team in the southeast portion of the property has identified new mineralised structures in addition to what was intercepted in LVRC-012. I look forward to getting the drill rig back on the property and follow up on the discoveries we have found in the south east portion of the project.
Thomas A. Doyle, President and CEO, Aloro Mining Corp.
The technical content contained in this news release has been given by Melvin A. Herdrick, PGeo, a qualified person under NI 43-101. The preparation of the scientific and technical information in this news release has been supervised and approved by Mr Herdrick.