Reyna Gold Corp – Exploration Update On First 8 Drill Holes From The La Gloria Project
Michael Wood, CEO and Director of Reyna Gold Corp. (TSX.V: REYG) (OTCQB: REYGF), joins us for an exploration update at the flagship La Gloria Project, a 24,215 ha area located along the Mojave-Sonora Megashear trend in Sonora, Mexico.
The Company has embarked on the first 10,000 meter drill program that kicked off in February, with 18 holes drilled thus far, and results from the first 8 holes that were released on April 20th. There are multiple target areas, but the initial focus in 2022 is going to be on the Main Zone and El Sombrero targets. Two of the holes that have reported thus far were drill hole LG-22-005, 7.85m of 3.95 grams per ton (g/t) Gold (Au)from surface, including 1.30m of 19.65 g/t Au, extending the known breccia northeast, and drill hole LG-22-001, 30.6m of 0.51 g/t Au from surface increasing depth of known breccia at Big Pit.
In addition to the success in the breccia zone, the company also made a discovery of the new Las Amarillas quartz vein mineralization at Pique Viejo with drill holes LG-22-007 & LG-22-008 discovered Las Amarillas Vein including intersects of 0.6m of 8.61 g/t Au and 0.5m of 4.13 g/t Au and established minimum length for Amarillas Vein of 280m and 81m discontinuous length with seven veins closely stacked.
We also discussed the polymetallic nature of the mineralization with 5 metals – gold, silver, copper, zinc, and lead at some of the exploration work completed at surface and with drilling at the Main Zone and El Sombrero, and why this has their team encouraged. The exploration team is guided by the prolific geologists Dr Peter Megaw and Doug Kerwin as technical advisors, and solid team acquired from many of the other mines operated by the major producers along this prolific mineralized trend.