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VanGold PEA Outlines 7 Year Mine Life
February 16, 2021 GMT
New Resource Est. of 7.2 M oz. Indicated and 20.4 M oz. Inferred AgEq
VANCOUVER, BC / ACCESSWIRE / February 16, 2021 / Further to the Company’s proposed acquisition of the El Cubo mine and mill complex (“El Cubo”) from Endeavour Silver Corp. (“Endeavour”) announced December 18, 2020, VanGold Mining Corp. (the “Company” or “VanGold”) (TSXV:VGLD) is pleased to announce positive results from its Preliminary Economic Assessment (the “PEA”) for the combined El Cubo and El Pinguico project south of the city of Guanajuato, Mexico (together the “Combined Project”). Details of the PEA including the Company’s maiden Mineral Resource estimate will be provided in a NI 43-101 technical report with an effective date of January 31, 2021 and an issue date of February 12, 2021(the “PEA Report”) to be filed under the
VanGold Begins Drilling at El Pinguico newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.
Vangold Mining Corp.: VanGold Begins Drilling at El Pinguico
VANCOUVER, BC / ACCESSWIRE / January 29, 2021 / VanGold Mining Corp. (the
Company or
VanGold ) (TSXV:VGLD) announces that drilling has commenced at its El Pinguico silver-gold property located 7km south of Guanajuato Mexico. This initial drill program will consist of 12-14 drill holes and will be conducted underground, within old workings at the historic El Pinguico mine.
Underground Drill Purchase:
On September 24, 2020 VanGold announced that it had purchased its own portable drill rig for use underground at El Pinguico. After examining numerous alternatives, the Company decided to order an Explorer - 75E core drill rig from Grupo Ingetrol S.A de C.V. of Torreon, Mexico. Among other desirable attributes, this drill is small enough to fit into many of the adits, drifts, and galleries of El Pinguico s old workings, while still being able to target the long strike length of potential new in-situ material of the main
VanGold Increases Placement to $14,550,000 newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.