Wednesday 19th December 2018

Resource Clips

US Gold reports Mexico Silver Assays including 109.8 g/t over 20.4m

Resource Clips - essential news on junior gold mining and junior silver miningUS Gold Corporation TSX:UXG announced assays from its El Gallo complex in Sinaloa State, Mexico. Highlights include

408.7 g/t silver over 1.8 metres (including 1,695 g/t over 0.4 metres)
140.9 g/t over 10.1 metres
64.5 g/t over 16.1 metres
109.8 g/t over 20.4 metres (including 859 g/t over 1.1 metres)
113.7 g/t over 11.7 metres
51.7 g/t over 18.1 metres
107.4 g/t over 17.6 metres
40.9 g/t over 33.6 metres

The El Gallo complex includes the El Gallo and Palmarito silver deposits and the Magistral gold deposit. Phase 1 mining is expected to begin in mid-2012, producing 30,000 gold ounces per year, with Phase 2 producing 5 million silver ounces per year beginning in 2014.

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by Ted Niles

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