THUNDER BAY, Ontario, Jan. 22, 2018 -- Mexican Gold Corp. is pleased to announce additional positive drill results for drilling recently completed to extend the high - grade dike contact mineralized zones at its Las Minas property. All holes returned significant mineralization, including 7.86 g/t Au Eq over 18.0 metres in hole LM – 17 – ED – 44. Plan View of Diamond Drill Hole Collars and Traces The [...]
THUNDER BAY, Ontario, Jan. 15, 2018 -- Mexican Gold Corp. is pleased to announce that it will be exhibiting at the upcoming AME BC Mineral Exploration Roundup 2018 Conference being held in Vancouver at the Vancouver Convention Centre West from January 22nd to 25th. Diamond Drill Core DDH LM- 17-ED -40 Mexican Gold’s management team invites current shareholders, potential investors, brokers, analysts and interested [...]
THUNDER BAY, Ontario, Jan. 12, 2018 -- Mexican Gold Corp. is pleased to announce its 2018 Phase 1 Exploration Program at the Las Minas property, Veracruz State, Mexico. The program will focus on resource expansion drilling to increase the initial 43-101 mineral resource estimate as well as exploration drilling to expand known mineralized zones. Additionally, field work will be carried out to identify new mineralized [...]
THUNDER BAY, Ontario, Jan. 10, 2018 -- Mexican Gold Corp. is pleased to report on key milestones achieved in 2017 and strategic growth plans for 2018. 2017 in Review 2017 was a year of outstanding achievements for your company with major milestones reached at our flagship Las Minas property and the corporate level. The company carried out two highly successful exploration programs, completed an initial 43-101 mineral [...]
THUNDER BAY, Ontario, Dec. 12, 2017 -- Mexican Gold Corp. has intersected significant mineralization in four recently completed holes to test the dike contact mineralized zones at the Las Minas property. All holes returned wide intervals of high-grade mineralization, including 7.18 grams/ tonne gold equivalent over 14.0 metres in hole LM-17-ED-41. Figure 1 Dike Contact Zones Drill Hole Locations Cinco Senores Drill Hole [...]
THUNDER BAY, Ontario, Nov. 23, 2017 -- Mexican Gold Corp. is pleased to announce that drilling to expand the high-grade dike contact mineralization outlined in hole LM-17-ED-40 has successfully intersected long intervals of chalcopyrite-magnetite mineralization in five additional recently completed holes. All of the holes intersected mineralization, with core intervals varying from 21 metres to 42 metres in length. The [...]
Mexican Gold announces that it has granted 200,000 incentive stock options to a director of the Company pursuant to Mexican Gold’s Stock Option Plan. The options are exercisable at a price of $0.36 for a period of ten years. The options vest as to one-third after twelve, eighteen and twenty-four months respectively from the effective date of the grant. The grant of options is subject to acceptance for filing by the [...]
THUNDER BAY, Ontario, Nov. 16, 2017 -- Mexican Gold Corp. announces that Palisade Global Investments Ltd. has exercised 3,333,000 non-transferable common shares purchase warrants of Mexican Gold Corp. The common shares of Mexican Gold were issued pursuant to the terms of the warrant certificates issued by the Company in connection with a financing completed in February of 2017. The warrants were exercised at a price of [...]
THUNDER BAY, Ontario, Nov. 15, 2017 -- Mexican Gold Corp. is pleased to announce that it has commenced infill and resource expansion drilling to extend the three high–grade zones intersected in recently completed hole LM-17-ED-40. Hole LM-17-ED-40 was drilled as a resource expansion hole and intersected three high-grade intervals over significant widths. The hole cut a cumulative 94.35 meters of high-grade [...]
THUNDER BAY, Ontario, Nov. 14, 2017 -- Mexican Gold Corp. is pleased to announce that assay results have been returned for resource expansion Hole LM-17-ED-40 at its Las Minas property, first announced as mineralized over 77.2 meters – see press release October 16, 2017. The assay results returned a cumulative 94.35 meters of high-grade mineralization over three zones. The main zone, which is the largest of the [...]
Mexican Gold is pleased to announce the preliminary results of geophysical surveys at its Las Minas project, Veracruz State. The Company engaged Geotem Ingenieria S.A. de C.V. of Mexico City to complete approximately 50 line kilometres of ground magnetic and 15 line kilometres of Moving Loop Time Domain Electromagnetic (TDEM) programs at the El Dorado / Juan Bran, Cinco Senores and Las Minillas mineralized zones [...]
Mexican Gold is pleased to announce that resource expansion drilling has intersected long intervals of strong chalcopyrite, bornite and magnetite mineralization totaling 77.2 m at the El Dorado / Juan Bran zone at its Las Minas property. Hole LM-17-ED-40 intersected a 21 metre interval of chalcopyrite, bornite and magnetite mineralization at a depth of 83.0 metres and continuing to 104 metres. A second interval of 56.2 [...]
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