Atico Mining Reports 116 Meters of 5.61 Percent Copper and 1.99 G/t Gold at El Roble

Atico Mining (TSXV:ATY) reported the latest results from ongoing infill drilling at its El Roble mine in Colombia. Highlighted intercepts included 116 meters of 5.61 percent copper and 1.99 grams per tonne of gold, and 35 metetrs of 7.10 percent copper and 8.94 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 (318 degrees average strike, 85 degrees east average dip) and drilling of new prospective areas below the 2000-meter level is being conducted from the new main level 1880 adit. Subsequent to the six holes of the program (ATD-0004 to ATD-0009) where drilling significantly extended mineralization at Zeus and Aquiles as reported in May 2015 (See Atico news release dated May 6th, 2015), the Company is reporting the next batch of five drill holes (ATD-0010 to ATD-0014). Infill hole ATD-0013 intercepted a completely new area of mineralization significantly extending the massive sulfide body along strike to the south and to the west. Infill hole ATD-0014 intercepted a significantly larger interval of massive sulfide than had been modeled in the National Instrument 43-101 inferred resource estimate wireframes of Zeus, Aquiles and Ares (See Atico technical report dated August 27, 2013).

Atico president and CEO, Fernando E. Ganoza, said:

We are pleased to report yet another successful batch of drill results where the infill drilling at El Roble continued to intercept high grade mineralization at the Zeus-Aquiles-Ares massive sulfide body beyond the previously outlined mineralized shell. These results continue to increase confidence in our view that mineralization remains strong and open at depth. We plan to continue the drill program at the mine well into the second half of the year at which time the Company plans to update the resource estimate. Mr. Ganoza added, “with the continued success of the ongoing drill program and the extension of mineralization at depth and along strike, management has initiated evaluating potential scenarios for a subsequent scale-up of the El Roble mill.

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