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Anacortes Mining (TSXV:XYZ) assays gold in 2 separate intervals at Tres Cruces

Mining
TSXV:XYZ
04 August 2022 10:15 (EDT)

Source: Mining Journal

Anacortes Mining (XYZ) released drill results for drill holes for two holes from the first phase of its drill program at Tres Cruces.

ATC-502 was drilled to 120 metres and intersected three separate gold intervals ranging from 0.44 g/t to 0.55 g/t. Drilling the hole successfully fulfilled the objective confirming the gold grade, mineralization limits, and geologic characteristics.

Drill hole ATC-504 returned 142.90 metres of 1.43 g/t gold from 40.50 meters downhole and discovered a new zone outside the existing sulphide resource, returning 39.40 meters of 1.45 g/t gold from 194.20 metres downhole.

Drilling is on hiatus but will continue throughout the fall. 

Anacortes Mining (XYZ) is a new growth-oriented gold company in the Americas, which owns a 100 per cent interest in the Tres Cruces gold project located in Peru.

Anacortes Mining (XYZ) is up 2.04 per cent, trading at C$0.50 per share at 10:05 am ET.


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