Auxico Reports on new Gold Discovery at Aguamas Cuts 3m of 13.07 g/t Gold and 28.4 g/t Silver in a Channel Sample

https://globenewswire.com/news-release/2017/10/24/1152410/0/en/Auxico-Reports-on-new-Gold-Discovery-at-Aguamas-Cuts-3m-of-13-07-g-t-Gold-and-28-4-g-t-Silver-in-a-Channel-Sample.html

MONTREAL, Oct. 24, 2017 (GLOBE NEWSWIRE) — Auxico Resources Canada Inc. (CSE:AUAG.CN) is pleased to provide initial sampling results of a single trench that yielded a 50m wide mineralized section grading 0.85 g/t Au including 3m of 13.07 g/t Au at the Aguamas property. This trench is located about 100 metres southeast of the Aguamas 2 historical mine, which returned samples of 14.87 g/t Au and 192.22 g/t Ag, and 25 metres northwest of the Aguamas 1 historical mine, where recent sampling returned 34.05 g/t Au and 97.78 g/t Ag. Examination of these past workings and exposed rock outcroppings indicated a series of quartz veins at multiple angles within a silicified volcanic breccia. The Aguamas property is located within the Company’s silver/gold property which contains 25 historic producers and occurrences. These gold and silver occurrences outline two regional trends that transect the property, anchored by past producers and field observations by Auxico’s geologists.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s