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Oceanus Resources (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) is pleased to report the 2017 fall exploration program drill results at its wholly owned El Tigre Gold-Silver Property located in northern Sonora, Mexico. The fall 2017 program comprised 600 meters of diamond drilling to define the strike and dip of the high-grade Caleigh vein and the …
Oceanus Resources (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) is pleased to report the 2017 fall exploration program drill results at its wholly owned El Tigre Gold-Silver Property located in northern Sonora, Mexico. The fall 2017 program comprised 600 meters of diamond drilling to define the strike and dip of the high-grade Caleigh vein and the low-grade alteration zone in the hanging wall.
Drill Highlights
Highlights from the fall 2017 drilling program include:
- Hole ET-17-145 returned 0.75 meters of 48.7 grams per tonne (“g/t”) gold equivalent from a depth of 28.50 meters to 29.25 meters consisting of 10.91 g/t gold and 2,830.4 g/t silver.
- Hole ET-17-148 returned 0.50 meters of 40.0 grams per tonne (“g/t”) gold equivalent from a depth of 90.10 meters to 90.60 meters consisting of 10.0 g/t gold and 2,247.1 g/t silver.