AuRico Gold Inc. (AUQ.TO) has hit a new year high of $10.56 after providing an update of drilling results from the El Chanate Mine in Sonora, Mexico.

It said since April 2010, 213 new drill holes for 28,499 metres of drilling (23 drill holes for 5,052 metres since April 8, 2011) have been completed with the objective of converting inferred resources to measured and indicated, extending the deposit at depth to the south and southeast and to explore for extensions to the west and east of the present open pit. “Results to date have delineated thick zones of continuous mineralization throughout the deposit and defined anomalous mineralization both east and south of the existing open pit.”