Malbex Resources Inc TSXV:MBG announced results from the Rojo Grande Target of its Del Carmen Project in San Juan province, Argentina. Assays include 3.31 g/t gold and 25.2 g/t silver over 46 metres, and 2.1 g/t gold and 10.8 g/t silver over 132.7 metres (including 5.51 g/t gold and 20.4 g/t silver over 23 metres).
President/CEO Tim Warman said, “The results of holes 42 and 46 have improved our geologic model, and our ability to target higher-grade zones within the Rojo Grande ledge. Rojo Grande is delivering everything we could ask for—consistent gold-silver mineralization with higher-grade, near-surface zones, generally shallow to non-existent overburden, encouraging metallurgy, and the structure remains open at depth and to the southwest. We’re currently awaiting the results for the scissor hole on this section in order to better understand the geometry of the higher-grade zones discovered in holes 42 and 46, and will be looking to infill this area before the end of the current drilling season.”
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by Ted Niles