VANCOUVER, March 1, 2017 /CNW/ - Marlin Gold Mining Ltd. (TSX-V: MLN) ("Marlin" or the "Company") is pleased to report assay results from the first set of holes on the north side of the pit wall at the Company's wholly owned La Trinidad mine in Sinaloa, Mexico.
The results indicate that the HS Zone mineralization extends approximately 30 meters to the north beyond the current pit limit. A decision to proceed with a pit layback to extend the mine life further will be made after pending assays from this program are received.
The table below summarizes the drill results.
Drill Hole | From (m) | To (m) | Length (m) | Au (g/t) |
16TRD26 | 34.00 | 40.50 | 6.50 | 2.59 |
16TRD27 | 8.00 | 17.40 | 9.40 | 3.27 |
16TRD28 | 19.80 | 30.00 | 10.20 | 2.68 |
16TRD29-33 | No significant intercepts |
*Significant intersection defined as minimum gold assay of 0.3 g/t over minimum 6-meter interval with no more than 2 meters of internal dilution below 0.3 g/t. Drill hole intercepts are believed to be approximately the true thickness of the zone. |
The samples were assayed by Bureau Veritas Commodities Canada Ltd. (AcmeLabs and Inspectorate) in Vancouver.
Dr. Matthew D. Gray. C.P.G., of Resource Geosciences Incorporated, a Qualified Person under the definitions of CSA NI 43-101, implemented and supervised industry standard QA/QC protocols for the La Trinidad drill sampling program including insertion of duplicate and reference standard samples. Dr. Gray has verified the reliability of the drill sampling results reported in this press release.
About Marlin Gold
Marlin is a publicly-traded gold and silver mining company with properties located in Sinaloa, Mexico and Arizona, USA. Marlin's priority is to advance its properties toward commercial production and enhance shareholder value through the growth of its wholly owned subsidiary, Sailfish Royalty Corp. The La Trinidad property in Sinaloa, Mexico, declared commercial production on November 1, 2014. A NI 43-101 mineral resource estimate and preliminary economic assessment for the La Trinidad mine and Commonwealth project can be found at www.sedar.com or at www.marlingold.com.