Cayden Resources Inc. (TSXV:CYD, OTCQX:CDKNF) has received results from its ongoing surface exploration program at the company’s El Barqueno gold property in Jalisco State, Mexico.
According to the company’s press release:
The bedrock channel samples at Poncho East are highly anomalous in gold with assay results as high as 120 g/t Au. These results were collected along a mineralized trend representing 800 meters of strike length that is open in both directions. Poncho East is our largest untested target which is 5.8 square kilometers in size where our technical team has mapped extensive epithermal veining coincident with anomalous soils and a large geophysical anomaly. The samples were taken from exposed creek outcrops and around historical workings