Malbex Resources Inc TSXV:MBG announced assay results from the Rojo Grande Target of its Del Carmen Project in San Juan Province, Argentina. Highlights include 2.84 g/t gold and 6.4 g/t silver over 103 metres (including 48.34 g/t gold and 15.4 g/t silver over 5 metres) and 0.7 g/t gold over 19 metres (including 1.14 g/t gold over 10 metres).
President/CEO Tim Warman commented, “Today’s results confirm the presence of high-grade zones within Rojo Grande. Such high-grade areas bring us closer to our goal of defining a potentially economic, near-surface, oxidized mineral resource at Rojo Grande in the current drill campaign. We’re currently planning a scissor hole through the high grade zone discovered in hole 42 in order to better understand its geometry.”
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by Ted Niles