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EVRIM SAMPLES 193.5 METRES GRADING 2.09 G/T GOLD AT 100%-OWNED CUALE HIGH SULPHIDATION PROJECT

 

Trenching Image

 

Evrim Resources Corp. (EVM.V) has released initial exploration results from the phase 2 exploration program on its 100-per-cent-owned Cuale high sulphidation epithermal gold project in Jalisco, Mexico. Early results indicate consistent high grade gold mineralization within a broad zone of prospective alteration at the "La Gloria" zone, and quality targets from the first line of induced polarization (IP) geophysics. This follows a successful Phase One exploration program in December 2017 (see January 18, 2018 news release), and encompasses a second phase of work consisting of hand trenching and IP surveying which commenced in February 2018.

La Gloria Highlights

Trench 1 grades 1.28 grams per tonne ("g/t") gold over 351.8 metres from 0 metres along the trench (Entire length of trench including non-mineralized zones) Includes 263.2 metres grading 1.67 g/t gold from 44.6 metres along the trench Including 193.5 metres grading 2.09 g/t gold from 92.3 metres along the trench Including 120.0 metres grading 2.46 g/t gold from 157.8 metres along the trench

High grade sub-intervals from Trench 1 include;

8.0 metres grading 5.77 g/t gold from 113.8 metres along the trench 12.0 metres grading 4.25 g/t gold from 187.8 metres along the trench 12.0 metres grading 3.98 g/t gold from 223.8 metres along the trench 8.0 metres grading 5.22 g/t gold from 269.8 metres along the trench

IP geophysics indicates a 100 metre deep by 300 metre wide resistivity zone is located immediately beneath the La Gloria zone with a possible 400 metre western extension and another feeder target at depth Charles Funk, VP of New Opportunities and Exploration commented, "The initial results from this exploration program at La Gloria are very impressive both in terms of grade and size potential. While the hand trenching and mapping give the surface extent of the mineralization, the IP geophysics gives us a sense of that third dimension depth or more specifically, the extent of oxidation and silicification which are key elements of this deposit type. The IP geophysics highlights a 100 metre deep by 300 metre long high resistivity zone located immediately below the trenches, with a possible feeder zone at depth, and a prospective new zone 400 metres to the west."

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