Colombian Mines Corporation (TSXV:CMJ,FWB:X6C) announced that reconnaissance work identified additional high grade mineralization up to 2.3 grams of gold per tonne (g/T Au), 203 grams silver per tonne (g/T Ag) and 10.1% copper (Cu) in grab samples from outcropping mineralization in a new area in the Mercedes property.

As quoted in the press release:

As part of this work, 100 grab samples were collected from this new area of the property excluding the grab samples of boulders, standards and duplicate samples used for QA-QC. The spacing of the samples is irregular and confined to areas of readily accessible exposure. Values of the samples range from below the limit of detection (bld) to 2.28 g/T Au, bld to 240 g/T Ag, and bld to 10.4% Cu with the best individual sample containing 203 g/T Ag and 10.1% Cu. Of the 100 grab samples 30% are considered highly anomalous for gold containing greater than 100 ppb Au, 44% are highly anomalous for silver containing more than 3 ppm Ag, and 43% are highly anomalous for copper containing more than 1000 ppm (0.1%) Cu.

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INN Video: Robert Carrington, CEO of Colombian Mines