Tuesday 25th October 2016

Resource Clips

Edgewater reports Spain Gold Results up to 2 g/t over 66.5m

Resource Clips - essential news on junior gold mining and junior silver miningEdgewater Exploration Ltd TSXV:EDW announced assays from its Corcoesto Gold Project in northwest Spain. Results include

2 g/t gold over 66.5 metres
(including 18.65 g/t over 1.1 metres)
0.73 g/t over 119.8 metres
(including 1.22 g/t over 18.9 metres)
1.91 g/t over 33.5 metres
(including 4.26 g/t over 9.7 metres)
1.38 g/t over 37 metres
1.91 g/t over 20 metres
0.55 g/t over 61.3 metres
2 g/t over 13.8 metres

President/CEO George Salamis commented: “The infill drilling program at Corcoesto continues to confirm good continuity and excellent widths, in some cases surpassing expectations in grades and widths encountered. The current phase of drilling will culminate in the tabling of an updated resource estimate during 3Q which will form an integral part of the ongoing definitive feasibility study being completed by Tetra Tech. In conjunction with our project finance adviser, we are finalizing discussions with several financial institutions for the initial project development capital. The capital requirement will be based on the completion of the feasibility study later this year.”

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Ryan King

by Greg Klein

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