Levon Starts the 2017 Cordero Resource Infill Drilling Campaign to Begin Testing for Improved, Near Surface Grades of Ag, Zn, Pb, Au and the Youngest Rhyolites for Au


Levon Resources Ltd. (“Levon” or “the Company”) (TSX Symbol: LVN; OTCQX: LVNVF) Levon is pleased to announce the startup of the 5,000 m core drilling campaign at the Cordero Ag, Zn, Pb, Au discovery, 35 km north of Hildalgo Del Parral, Chihuahua, Mexico, previously announced by the Company on April 4, 2017. 200 m core holes are planned to infill drill a central part of the 2014 resource, (news release of October 20, 2014) to explore for improved near surface resource grades. The holes are being drilled in the Cordero Felsic Dome Complex (central) portion of the resource that spans four host igneous intrusive centers (Figure 1). If the drilling is successful, results can improve the projected economics of a starter open pit being evaluated by Independent Mining Consultants (IMC), Tucson, Arizona.

Current detailed geologic surface mapping in 2016 and 2017, and past drill results reveal abundant multiple intrusives within the Cordero Felsic Dome Complex that range from several meters (m) to 150 m in diameter, and the intrusives are generally enclosed in high grade, mineralized contact breccias that were often missed by the wider spaced resource grid drilling. Infill drilling is planned at 50 to 75 m centers in angle holes in targeted clustered intrusive areas to test for improved bulk tonnage grades.

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