Shallow drill results show promise for expanding the San Albino mine in Nicaragua

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“These drill results further confirm the potential to expand high-grade mineralization in areas where we are currently mining,” CEO Akiba Leisman said in a news release. “What’s particularly exciting is the high-grade results from our regional exploration program. Most of these samples come from areas that have never been drilled before, and we’re already preparing to begin drilling these promising targets.”

In the El Golfo Area, 3 km south of San Albino, results include 62.2 grams gold and 71.2 grams silver over 1 metre, 86.80 grams gold and 111 grams silver over 1 metre, and 21.65 grams gold and 33.4 grams silver over 3 metres. In the Santa Rosa Area, 5 km east of San Albino, channel samples returned 358.6 grams gold and 87.9 grams silver per tonne over 1 metre, and 141.6 grams gold and 13.1 grams silver over 0.4 metre.

Shares gained a lacklustre 0.6% in intraday trading to C$3.15 before settling at C$3.12, giving it…

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