Reyna Gold – 5,500 Meter Phase 2 Drill Program Commences Over 4 Target Areas At The La Gloria Project
Michael Wood, CEO and Director of Reyna Gold Corp. (TSX.V: REYG) (OTCQB: REYGF), joins us for an exploration update with the commencement of a 5,500 meter Phase 2 drill program at the flagship La Gloria Project; a 24,215 ha area located along the Mojave-Sonora Megashear trend in Sonora, Mexico.
We start off by highlighting the 4 different target areas of focus in 2023: La Republicana, Western, Las Carmelitas, and the Main Zone. The initial drill focus will be at La Republicana, with 9 holes stepping out to test extensions to the La Republicana Main Vein, which produced 59.00m of 1.45 g/t Gold in Phase 1 drilling. There are 20 holes overall planned for La Republicana, with a number of other targets that have been generated district-scale ongoing mapping, soil sampling, and magnetic and IP surveys.
Next we discussed that the exploration team at Reyna Gold is continuing to refine targets and just waiting on the final data from the IP survey to set up the drill plan at both the near-surface bulk mineralization at Las Carmelitas and the big high-density veins at the Western area. Additionally, there will be drilling allocated to following up on nice silver hit from last drill season at the Main zone.
We wrap up discussing the district scale size of this land package, along with the range of minerals found from precious metals – gold and silver, and base metals – copper and lead, to critical minerals – antimony, and tellurium. It reflects the large discovery potential of important key metals at a number of target for exploration this year, so there should be plenty of newsflow on tap in the months to come.