This gold-silver company continues to
simultaneously advance two of its projects in Mexico.
Goldplay
Exploration Ltd. (GPLY:TSX.V; GLYZF:OTCQB) provided an operational update on San Marcial and El Habal.
At San Marcial, the company's high-grade silver-lead-zinc project, the
primary focus of work underway is to calculate and release an
NI-43-101-compliant resource estimate before year-end 2018. The update will
encompass results from the 2010 drill holes and reinterpretation of the 2008
drill holes. A three-dimensional model of the deposit will also be used in
this process. Sampling of the drill core, still in progress, should be
completed soon.
Also at San Marcial, Goldplay is preparing for "exploration over the
coming months" of the 3 kilometers of unexplored mineralized trend
there, noted the news release. It identified six discrete areas for drilling,
and they encompass the 14 gold targets that geologists recently pinpointed,
including mineralized breccia's strike extensions.
With respect to El Habal, Goldplay's gold-silver project, the company is
working to identify, assess, confirm and prioritize additional drill targets,
with the intent of subsequently conducting a drill program.
These efforts come following completion of an initial drilling campaign,
at the Arenal, La Reina and Santos targets, and geophysical work, both of
which indicated "an intrusive related gold system as a possible source
of mineralization at El Habal," according to the release. Also, Goldplay
subsequently took soil samples over three prospective areas, La Española,
Octavia and Zona Sur, which included some newly identified targets.
The company will review results from those and historical soil samples for
indicators of key mineralization and structural controls. Other related,
planned work, according to the release, includes geological mapping and
sampling to delineate the connection with known mineralization in the already
drilled area, structural mapping of surface and underground exposures
"to better understand the key structural controls on the distribution of
gold mineralization," and completing the geophysical model.
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