MEXICAN GOLD PROVIDES AN UPDATE ON DRILLING AT LAS MINAS

2019-11-01

Mexican Gold Corp. (the “Company” or “Mexican Gold”) (TSXV: MEX) is pleased to provide an update on its current drill program at the Las Minas project in Veracruz, Mexico.
Highlights:
• 655 metres have been drilled over 5 holes to date
• The first 3 holes of the program tested for mineralization at the El Dorado zone
• LM-19-CS-13, the 4th hole, was drilled to 261 metres and tested a significant
electromagnetic anomaly which is coincident with a km-scale zone of argillic alteration
and strong pyrite enrichment with local indications of molybdenite, sphalerite, and
galena.
• LM-19-LM-03, currently at 124 metres, is the 5th hole of the program and is being drilled to test a 350-metre extension of the prominent electromagnetic anomaly north of hole LM-19-CS-13. The entire anomaly lies on strike with the core of the El Dorado zone resource.

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