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Evrim Secures Additional Ground at Cuale High Sulphidation Gold Project
Feb. 06, 2018 08:31AM PST
Gold InvestingEvrim Resources (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to announce the acquisition of 50 square kilometres of prospective land adjacent to the La Gloria prospect at the 100%-owned Cuale project in Jalisco, Mexico. The area immediately to the west and north of the Cuale claim group was staked thereby expanding the total project area …
Evrim Resources (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to announce the acquisition of 50 square kilometres of prospective land adjacent to the La Gloria prospect at the 100%-owned Cuale project in Jalisco, Mexico. The area immediately to the west and north of the Cuale claim group was staked thereby expanding the total project area to 147 square kilometres. In December 2017, the first-ever trenches were completed at La Gloria with intervals including 9.4 metres at 7.4 grams per tonne (g/t) gold (see news release dated January 18, 2018).
Alain Charest, Vice President Exploration, Mexico commented:
“Cuale is one of the most exciting grass-roots exploration projects to have surfaced in Mexico in recent history and securing the land position was paramount. High sulphidation oxidized systems are rare in Mexico.
Three known deposits are Goldcorp’s El Sauzal (1.9 million ounces gold), Alamos Gold’s Mulatos (5.0 million ounces gold) and Agnico Eagle’s La India (3.0 million ounces gold) and they serve as good indicators of the potential of this deposit style.1 High sulphidation gold deposits are known for their low cost, large scale and long mine life.”