Tuesday 25th October 2016

Resource Clips

Posts tagged ‘First Mexican Gold Corp (FMG)’

First Mexican reports Mexico Results of 1,853 g/t Silver, 6.22 g/t Gold, 12.62% Copper over 9.7m

February 28th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningFirst Mexican Gold Corp TSXV:FMG announced assays from its Guadalupe Property in Sonora State, Mexico. Results include

1,853 g/t silver, 6.22 g/t gold and 12.62% copper over 9.7 metres
25.8 g/t silver, 0.34 g/t gold and 0.42% copper over 24.4 metres
(including 380 g/t silver, 4.44 g/t gold and 1.64% copper over 1.5 metres)
6.15 g/t silver, 0.16 g/t gold and 0.52% copper over 51.9 metres
31 g/t silver, 0.43 g/t gold and 0.12% copper over 6.1 metres

President/CEO Jim Voisin commented, “Building a firm baseline resource estimate for the Diana Zone is a high priority for 2012 to establish market credibility allowing First Mexican to critically differentiate from other junior explorers. The company has defined zones on Diana with the potential to build a significant resource, whereas many juniors do not have this option at such an early stage in their development.”

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Jim Voisin

by Greg Klein

First Mexican, Int’l Millenium report Assays of 4.27 g/t Gold over 33.4m

January 21st, 2011

First Mexican Gold Corp FMG:CA in joint venture with International Millennium Mining Corp IMI:CA announced drill results from the Karen Zone of the Guadalupe Property in Sonora State, Mexico. Assays include 1.57 g/t gold and 335.5 g/t silver over 15.2 metres, 200.3 g/t silver over 22.4 metres, 4.27 g/t gold and 394.7 g/t silver over 33.5 metres, and 4.9 g/t gold and 104.2 g/t silver over 21.6 metres. First Mexican holds an option to acquire an 80% interest in the property package and is the project operator.

First Mexican President/CEO Jim Voisin commented, “We are very pleased with the results of this initial drilling of our 2011 drill program at the Karen zone of the Guadalupe property and look forward to further drill results. These initial holes for 2011 have confirmed the higher grade potential of this project and provide a good start to our 2011 program which has just barely begun.”

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First Mexican Gold Corp
Jim Voisin

by Ted Niles