Golden Tag Successfully Extends Trovador downdip 335 metres, and Expands Fernandez 63 metres Southeast
Toronto, Ontario, June 10, 2021: Golden Tag Resources Ltd. (“Golden Tag” or the "Company") (TSX.V: GOG) (OTCQB: GTAGF) is pleased to announce the complete results from diamond drill hole 21-56A, part of a program targeting bulk-tonnage mineralization on the Company’s 100% owned San Diego Project, located in Durango Mexico.
Key highlights include:
Hole 21-56A successfully extended mineralization in the Trovador Structural Zone (“Trovador SZ” or “TSZ”) 335 metres (“m”) downdip intersecting 105.77 g/t Ag.Eq over 116.45 m. Total vertical extent of the zone is now over 550 m and remains open.
Fernandez Fringe Zone style endoskarn and exoskarn mineralization was intersected over a combined width of 256.5 m, extending the zone a minimum of 63 m to the southeast, which includes:
- 106.93 g/t Ag.Eq over 86.64 m from 465.31 to 551.95 m
- 97.29 g/t Ag.Eq over 169.83 m from 564.34 to 734.17 m
Greg McKenzie, President and CEO commented: "These drill results are very encouraging, proving our concept that the large bulk tonnage underground targets are prime for expansion. The mineralization drilled in hole 56A has resulted in (1) a 63 m (~25%) extension of the Fernandez Zone mineralization located on the SE boundary and (2) the expansion of the Trovador SZ down dip 335 m, along with an 19% improvement in grade over the initial discovery in hole 11-42. The TSZ is now our second sizable underground bulk tonnage target, and the current exploration program has outlined a total vertical extent of over 550 m in this zone, commencing approximately 200 vertical m above the Fernandez Zone. The proximity between these two zones gives the potential of future shared underground access and infrastructure.”
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