Significant high-grade gold at Naty Zone discovered!
Yamana Gold announces discovery of new high-grade Naty Zone at Cerro Moro and significant high-grade results from new exploration drilling while extending exploration program to broader Cerro Moro mine in Argentina, all of which show significant high-grade intersections in an entirely new zone and extensions of previously identified zones.
These exploration results demonstrate a growing mineral resource base in new areas that are expected to establish Cerro Moro as a long-life, high-quality, high-grade gold and silver operation. According to the exploration details, discovery of a new mineralized zone, drill intercepts are helping to define a significant new mineralized zone along the Naty structure, located 25 kilometres south of the core mine.
Significant results from new exploration drilling in core mine area. High-grade intercepts in the Nini Extension, Tres Lomas, Michelle, and Deborah sectors. Encountering high grades in the Martina and Escondida sectors. Select drill intercepts exceed 100 grams per tonne (“g/t”) of gold. Exploration program extended to entire Cerro Moro concession. Program now covers the full 150,000-hectare land package.
The Company has committed to an initial four-year exploration program, which began in early 2018, to systematically explore Cerro Moro. The program combines soil and rock geochemistry, ground geophysics, surface geological and alteration mapping, and reconnaissance drilling.
Through the third quarter of 2019, more than 9,700 soil samples and 5,300 rock samples have been analyzed, 76 line kilometres of CSAMT (controlled source audio-magnotelluric) surveys have been completed, and 23,400 metres of reconnaissance RC (reverse circulation) and diamond drilling have been completed.
Work to date at Naty indicates the presence of high grades with above average widths of mineralization. Among the more notable results are hole MD2925, which intersected 24.52 g/t of gold and 113 g/t silver over 4.6 metres (estimated true width), and hole MD2936, which intersected 13.74 g/t of gold and 265 g/t of silver over 2.0 metres (estimated true width).
