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Solvista Gold (TSXV:SVV) has defined a new drill target, Malabrigo, at it’s Caramanta project. The project is located in the Middle Cauca Belt in Colombia. Solvista has also doubled its drill program from 4,000 metres to 8,000 metres.
Solvista Gold (TSXV:SVV) has defined a new drill target, Malabrigo, at it’s Caramanta project. The project is located in the Middle Cauca Belt in Colombia. Solvista has also doubled its drill program from 4,000 metres to 8,000 metres.
As quoted in the press release:
The newly defined Malabrigo sector is located 600 metres to the north-northwest of the Ajiaco Sur target. Using the same 75th percentile methodology as previously described, the surface geochemical gold anomaly measures 500 metres by 150 metres, with a north-south orientation. Similar to the El Retén sector, there is not a straightforward relationship between gold and copper values, which the Company believes may represent surface leaching of copper.
President and CEO of Solvista, Miller O’Prey, commented:
We are very encouraged to have identified yet another grassroots discovery at our Caramanta project and hope to be drilling there in the next few months. As we move to expand our drill program, we are confident that additional new discoveries will be made over the coming months.
Click here to view the full press release.
