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US Gold Corporation (NYSE:UXG,TSX:UXG) announced that drilling at the Mexico-based El Gallo Complex has intersected strong silver mineralization.
US Gold Corporation (NYSE:UXG,TSX:UXG) announced that drilling at the Mexico-based El Gallo Complex has intersected strong silver mineralization.
As quoted in the press release:
East of Proposed Pit: GAX-380 intersected two zones. The first zone returned 727.7 gpt silver, 5.0 gpt gold over 2.7 m, including2,260 gpt silver, 16.2 gpt gold over 0.8 m. This intercept is the up-dip extension of the Main Zone. The result demonstrates that the mineralization continues to surface.
US Gold’s Chairman and President, Rob McEwen said:
“Since making the El Gallo discovery in 2009, we have completed an aggressive exploration program of 165,000 meters of core drilling and we still have not found the limits of the system. Impressive intersections of near surface silver mineralization continue to be encountered.”
Click here to read the US Gold Corporation (TSX:UXG) press release.
