Lago Dourado Minerals Discovers New High Grade Zone at Juruena Project

Lago Dourado Minerals Ltd. (TSXV:LDM) announced results from Phase two of drilling at their Juruena Project in Brazil.

As quoted in the market report:

Of these holes, Hole JRND062 identified a new high grade structure within close proximity of the Uiliam Zone that returned an intercept of 9m @ 15.39g/t Au at a depth of 204m including 0.9m @ 79.60g/t Au and 1.3m @ 46.20g/t Au.

Lago Dourado, President and CEO, Forbes Gemmell said:

This is a very encouraging result as the close proximity of this new structure to the deeper Uiliam and near-surface Mauro and Tomate mineralization zones increases the underlying resource potential at the Juruena central porphyry target. Drilling in this part of the property has now identified seven distinct mineralized zones with more than 20 intercepts with gram-metres greater than 50.

To view the press release, click here.