Atico Mining Intercepts 70 Meters of 6.26 Percent Copper, 1.85 G/t Gold at El Roble

Atico Mining (TSXV:ATY) reported results from an ongoing infill drilling at its El Roble mine. Drilling continues to extend mineralization at the massive Zeus body. Highlights of drill results released from 6 holes included 70 meters of 6.26 percent copper and 1.85 grams per tonne of gold and 109 meters of 2.11 percent copper and 3.79 grams per tonne of gold.

As quoted in the press release:

The goal of the current underground drilling program at the El Roble mine is to further define the known mineralized bodies and expand the identified resource. During the fourth quarter of 2014, the Company began a drill program to specifically test the Zeus, Aquiles and Ares mineralized bodies. Infill drilling approximately perpendicular to the strike direction of the known massive sulfide bodies and drilling of new prospective areas below the 2000-meter level is being conducted from the new main level 1880 adit. Subsequent to the first three holes of the program (ATD-0001 to ATD-0003) where drilling significantly extended mineralization at Zeus as reported in March 2015 (See Atico news release dated March 10, 2015), the Company is reporting the next batch of six drill holes (ATD-0004 to ATD-0009). Infill holes ATD-0004 and ATD-0007 intercepted significantly larger intervals of massive sulfide than had been modeled in the National Instrument 43-101 inferred resource estimate wireframes of Zeus and Aquiles (See Atico technical report August 27, 2013). At the levels of mineralization drilled, interval used in the wireframe calculation of the inferred resource was approximately 49 meters for infill hole ATD-0004 and 54 meters for ATD-0007, whereas the Company intersected 70.1 meters, and 109.15 meters of mineralization, respectively. Infill hole ATD-0005 intersected 55.85 meters and ATD-0009 intersected 31 meters of mineralization while in the wireframe calculation at these levels approximately 40 meters and 30 meters respectively, were used. Infill hole ATD-0006 was designed to test the upper central limit of the Zeus mineralization and intersected 7.8 meters, while infill hole ATD-0008 was also in the upper region of Zeus mineralization but designed for immediate mine planning purposes and intersected 10.5 meters of mineralization. In the wireframe calculation approximately 20 meters and 13 meters were used for these levels.

Atico president and CEO, Fernando Ganoza, said:

Infill drilling at El Roble continues to intercept high grade mineralization at the Zeus massive sulfide body beyond the previously outlined mineralized shell, adding further confidence to our view that mineralization remains strong and open at depth. The on-going drill program at the mine will continue well into the second half of the year at which time the Company plans to update the resource estimate. based on the new geological information and the success of the first nine holes, management’s confidence continues to increase with respect to resource growth potential at the El Roble mine.

Click here to read the Atico Mining (TSXV:ATY) press release