Agoracom Blog

CLIENT FEATURE: Advance Gold $ Starts Phase 3 Drilling at the Tabasquena $ $

Posted by AGORACOM at 11:14 AM on Tuesday, April 2nd, 2019

Phase 1: Drilling Identified 4 Epithermal Veins -3 Have Demonstrated Greater Thickness at Depth

Phase 2: Drilling Identified 30 new Epithermal veins in 2 drill holes

Phase 3 Drilling:

  • In the first two phases of drilling, Advance discovered a cluster of epithermal veins, all but a few of them blind, which suggests this drilling intersected the top of the epithermal vein system.
  • A key focus of the phase 3 drilling will be to drill deeper and target the boiling zone of the epithermal vein system. The cluster of veins dip toward a fault which is considered a key structural feature.
  • A proposed hole will start from the east side of the fault, drill west, to then go through the cluster of veins to catch them at the boiling zone.
  • The other key focus will be to drill a few shallow holes near a 12 metre intersection of the Tabasquena vein in the oxides. This vein in the oxides is much wider than the historical 2-4 metre mining width utilized by former operator Penoles, which was across 2-4 metres. This intersection was a 125 metre step out to the north of the old mine workings and is approximately 75 metres along strike from the 100 metre deep shaft and headframe.
  • Advance has mining equipment and the Tabasquena project is fully permitted for mining.

FULL DISCLOSURE: Advance Gold is an advertising client of AGORA Internet Relations Corp

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