Having drilled a total of 4,618 metres in 53 holes, Northern Crown Mines (VSE) estimates the geological resource of its Guadalupe property in Mexico to be 4.75 million tonnes grading 1.53 grams gold per tonne.
The resource covers the Guadalupe-Zapote zone over an average width of 20 metres and a downdip depth of 100 metres.
Northern Crown plans to resume drilling within the next few weeks to test the southern extension of the zone.
Drilling is also expected to test the 1.2-km-long Loch Buena zone, which covers an epithermal zone similar, and adjacent, to the Zapote structure.
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