The company released results from 12 reverse-circulation (RC) holes, nine of which tested the San Leonides target in the centre of the Cerro de Oro valley. Highlights include 7.6 metres grading 42.6 grams silver and 0.22 gram gold per tonne, plus 0.53% lead; included in this hole was a 3-metre section grading 93.9 grams silver, 0.52 gram gold and 1.27% lead.
Another hole intersected 1.33 grams gold over 18.3 metres, beginning at surface. This intersection included 4.6 metres grading 4.7 grams gold and 11.4 grams silver.
Hole 45 intersected 12.2 metres of 0.33 gram gold, 45 grams silver, 1.18% lead and 0.74% zinc, illustrating the polymetallic nature of the deposit. Other intercepts ranged from 0.5 to 4.8 grams gold and up to 57 grams silver over widths of 1.5-6.1 metres.
One hole failed to intersect significant values. The hole was stopped at 175 metres as a result of poor drilling conditions. All holes targeted induced-polarization anomalies.
One hole targeted the North Contact magnetic anomaly and intersected magnetite-bearing intrusive rock. The highest-grade intercept was 29.1 grams silver per tonne over 1.5 metres.
Two holes targeted the Promondorio zone: one intersected 0.17 gram gold and 1.6 grams silver over 7.6 metres; the other failed to return significant grades.
Hole depth varied from 96 to 212 metres. Assays from six RC holes are pending.
In other news, MacMillan Gold has signed an agreement with the Canadian company Au Martinique, whereby Au Martinique can earn up to a half-interest in the 2-sq.-km El Socorro silver-gold property in Jalisco state, Mexico, from MacMillan.
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