Day: January 5, 2017

VanGold Signs Agreement for 100% Interest In Historic El Pinguico Mine

Vangold Resources Ltd. is pleased to announce that it has entered into an asset acquisition agreement made effective December 16, 2016, with Exploraciones Mineras Del Bajio SA de CV to acquire a 100% interest in the El Pinguico property. The Property consists of two mining concessions covering 71 hectares, located approximately 5km southeast of the City of Guanajuato in Guanajuato State, Mexico, and contains the historic El Pinguico-Carmen silver-gold mine. The acquisition is at arm’s length.

GoGold Production Increases 122% over Previous Quarter

The production increase was driven by a full quarter of production from the Santa Gertrudis high grade zone recently discovered and improvements at Parral. The Santa Gertrudis high grade material represented approximately 50% of the quarterly production. The Company continues processing the high grade material during the construction of the vat leach plant.

Torex Intercepts High-Grade Gold Mineralization Under El Limon “Sill”

Torex Gold Resources Inc. is pleased to announce the results of the first portion of its drilling program under the ‘El Limon Sill’. Highlighted intercepts from the El Limon Sill exploration program include 317.8 g/t Au over 3.4m in borehole SST-01, 230.7 g/t Au over 2.4m in borehole SST-19, 19.6 g/t Au over 9.6m in borehole ST-25, 22.6 g/t Au over 13.3m in borehole SST-27 and 83.3 g/t Au over 4.3m in borehole SST-34.

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