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Golden Tag (TSXV:GOG) completes geological interpretation program in partnership with Orix Geoscience

Mining
TSXV:GOG
24 August 2021 16:30 (EST)

Source: Golden Tag Resources.

Golden Tag Resources Ltd. (GOG) has completed a geological interpretation program at its San Diego Project in Durango, Mexico.

The geological interpretation program involved a comprehensive review of the lithology, alteration, structure, and assays by Orix Geoscience.

The results from the ongoing 2021 exploration program were also incorporated into the model.

The study concluded that the 3D geological model clearly illustrates open mineralization to the north and at depth, as well as to the northwest and southeast of the currently modelled Fernandez Zone.

Greg McKenzie, President and CEO of Golden Tag, commented on the results.

“Having an independent team of highly qualified geologists review, validate and enhance our geological model has been beneficial for our plans going forward,” he said. “The new understanding of the broad zones of skarn style mineralization should prove instrumental in planning future drill targets.”

The program identified many areas that were previously unrecognized. Golden Tag will plan future drilling to test these target areas.

Golden Tag Resources Ltd. is a Toronto-based mineral resource exploration company.

The company’s wholly-owned San Diego property is among the largest undeveloped silver assets in Mexico and is located within the prolific Velardeña Mining District. Velardeña hosts several mines having produced silver, zinc, lead and gold for over 100 years.

Golden Tag Resources Ltd. (GOG) is down 4.0 per cent on the day, trading at $0.24 per share as of 3:25 pm ET.

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