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Gold Resource Corp. Intersects 15.22m of 3.18 g/t Gold at Switchback area on El Aguila Project

Pia Rivera
Sep. 14, 2015 07:36AM PST
Gold Investing

Gold Resource Corporation (NYSE:GORO) intersected 15.22 meters of 3.18 grams per tonne (g/t) gold and 292 g/t silver, 0.87% copper, 1.56% lead and 4.26% zinc on Infill Switchback Hole 515047, on the El Aguila Project in Mexico.

Gold Resource Corporation (NYSE:GORO) announced drilling results from the Switchback area on the El Aguila Project in Mexico. Highlights include the intersection of 15.22 meters of 3.18 grams per tonne (g/t) gold and 292 g/t silver, 0.87% copper, 1.56% lead and 4.26% zinc on Infill Switchback Hole 515047. Gold Resource Corporation continues to expand the Arista mine’s underground infrastructure by drifting towards Switchback with a target of reaching the mineralized veins by the end of 2015.
As quoted in the press release:

Infill Switchback Hole 515047 intercepted the Soledad vein returning 15.22 meters grading 3.18 g/t gold, 292 g/t silver, 0.87% copper, 1.56% lead and 4.26% zinc; including 1.15 meters grading 12.65 g/t gold, 822 g/t silver, 0.75% copper, 0.93% lead and 1.59% zinc (see table below). Additional higher-grade precious metals within the 15 meters of high-grade section included 1.91 meters of 5.06 g/t gold and 388 g/t silver and 2.03 meters of 7.62 g/t gold and 1,132 g/t silver.
Hole 515051 stepped out along the northerly boundary of known mineralization by approximately 25 meters and intercepted multiple parallel Switchback veins with the Susana vein returning 4.43 meters grading 2.95 g/t gold, 68 g/t silver, 0.31% copper, 6.53% lead and 7.53% zinc; including 1.07 meters grading 9.21 g/t gold, 104 g/t silver, 0.24% copper, 6.44% lead and 6.35% zinc (see table below). The Soledad vein returned 7.63 meters grading 2.11 g/t gold, 137 g/t silver, 0.42% copper, 1.50% lead and 7.25% zinc; including 1.02 meters grading 2.68 g/t gold, 354 g/t silver, 0.82% copper, 1.19% lead and 5.45% zinc. Four additional parallel epithermal veins were intercepted in Hole 515051, all of which confirmed polymetallic mineralization containing gold, silver, copper, lead and zinc.

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