With ongoing surface exploration and drilling,
this gold explorer is expanding this project's historical resource.
Goldplay
Exploration Ltd. (GPLY:TSX.V; GLYZF:OTCQB) reported that new results from sampling of the historical core holes,
drilled in 2010, at San Marcial confirm "attractive mineralized
intervals down dip from the historic resource area and also along the
mineralized trend," the news release noted. "The continuous sampling
from the historical core is providing valuable information to expand and
connect mineralized zones previously modeled in the historic resource."
These 2018 results, together with the past findings, reinforce the
potential for open-pit development at the Mexico project and warrant deeper
drilling to determine if underground mining would be possible there,
according to the company. San Marcial is a near-surface, high-grade
silver-lead-zinc project in the Rosario Mining District in Mexico.
Recent assays showed 21.9 meters (21.9m) (true width 20m) at 95 grams per
ton (95 g/t) gold, or 146 g/t gold equivalent, along with 11.5m (true width
11m) at 122 g/t gold or, 160 g/t gold equivalent.
As for specific significant drill holes, SM-10-11 doubled the size of the
mineralized zone in the furthest southeast section of the historical resource
area, the company noted. SM-10-04 confirmed the presence of robust
mineralization in the center of that historical resource area.
Goldplay continues its drill program and intends to release an updated San
Marcial resource in Q4/18.
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