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    gold investing

    Leagold Completes Drill Program and Continues Development of Bermejal Underground

    Priscila Barrera
    Dec. 12, 2017 08:42AM PST
    Precious Metals Investing

    Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or “the Company”) has completed the Bermejal Underground drill program at the Los Filos mine in Mexico. The program totalled 56,191 metres in 111 holes. Highlights of 10 new holes include 7.0 grams per tonne (“gpt”) over 16.0 metres, 11.0 gpt over 8.6 metres, and 8.4 gpt over 10.6 …

    Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or “the Company”) has completed the Bermejal Underground drill program at the Los Filos mine in Mexico. The program totalled 56,191 metres in 111 holes. Highlights of 10 new holes include 7.0 grams per tonne (“gpt”) over 16.0 metres, 11.0 gpt over 8.6 metres, and 8.4 gpt over 10.6 metres (all capped grades and true widths; see Table 1). These results follow 86 holes previously reported. The remaining 15 holes are in the process of being sampled and assayed.
    As quoted in the press release:

    Leagold CEO Neil Woodyer stated: “The large-scale drill program commenced in April and has been completed on schedule. The program delineated several new areas of high-grade mineralization and has greatly increased the Measured and Indicated resources, based on data available as of August 31, 2017. A further update of the Bermejal Underground mineral resource estimate is in progress and is expected before year end. In addition, the Bermejal Underground ramp development has advanced 175 metres to date and is on track to reach the test mining area in Q2 of next year.”

    Click here for the full text release

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