Reyna Gold – Exploration Update On Overall Mapping, Sampling, and Drill Targeting For 2023
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 been doing district-scale ongoing mapping, soil sampling, and Mag surveys to continue to refine targets at 5 main zones: La Republicana, Western, Las Carmelitas, Main Zone, and El Sombrero. The exploration team is also working on the IP survey over these 5 targets to be able to overlap that data with the previous layers of data to hone in on the most prospective drill targets for 2023.
We spend some time having Michael walk us through the five different zones of interest on their property, with the clear front runner being La Republicana, since drill hole #30 put out such promising results and is at the top of the batting order for getting follow up drilling in the new year. There are some other targets developing at both the Western Zone and Las Carmelitas that are also quite prospective and will be getting drilling in the upcoming exploration season. For now the company is well funded with $6.5 million in the treasury, and once the IP survey is completed and the exploration team has a more definitive plan for the next phase of drilling, then we’ll have Michael back on for an update.