Mexoro Minerals Ltd Announce Prospect of Gold and Silver at Cieneguita
Mexoro Minerals Ltd. announce that the initial metallurgical testing on sulfide-bearing gold and silver mineralization at its Cieneguita project in Chihuahua, Mexico has returned very promising results. From 4,203.1 tonnes of mineralized material, we produced 163.8 tonnes of commercial concentrate grades of 93.7 g/t Au and 1,524.9 g/t Ag for recoveries of 92.2% and 77.4% for gold and silver respectively.
The mineralized body is one kilometer long and averages 200 meters in width. Cieneguita hosts an inferred resource of 15.25 million tons with 2.62 g/t Au equivalent. The operation at Cieneguita is expected to process 750 tonnes per day for the next three years while a further infill drilling and the feasibility study is completed.
Mexoro’s exploration drilling program continues to the west, where access road and drilling platforms have been completed to explore the Cieneguita’s potential to the west. Parallel to this exploration drilling in the western portion, an infill drilling program has been initiated, including preparing access roads and drilling platforms and bringing a second drill rig. This infill drilling program is designed to significantly expand the inferred resources of 14.86 mt @ 2.12 g/t Au Eq. and to be ready to prepare a more rigorous NI43-101 complaint resource estimation. Read Detail