Announcement Date: 2022-05-03
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Goldplay Mining Inc.
Project name: Aparis
Location: Portugal
Commodities: Copper
Highlight: Drilling results incl. 12.2m @ 1.18% Cu from 212.4m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BRITISH COLUMBIA – May 3, 2022 – (TSXV: AUC) (US/OTCQB:AUCCF), (Frankfurt:9FY), (the “Company” or “Goldplay”), is pleased to announce new drill results from the Phase 1 drilling program completed at the Aparis Copper Mine (“Aparis”) in Southern Portugal. The Aparis mine is part of the 73.2 km2 Barrancos exploration license, and two other projects, held by a private Portuguese company, Indice Crucial Lda (“Indice Crucial”) on which Goldplay can earn up to 100% interest (see Company’s news release dated June 23, 2021 for more details). The objective of this initial Phase 1 drilling program was to better determine the overall width and expansion potential of the copper mineralized structures. The Company’s initial objectives were fully accomplished. The results confirm the presence of a wide (>10m) copper mineralized envelope as indicated by the most recent results which include a 12.2m interval grading 1.18% Copper in hole GBA2103 with several sections of high-grade including 5.5m averaging 2.33% and including 2.0 m of 5.5% Cu (as indicated in the table below). In addition, a new auriferous zone has been identified 140 m west of the main vein system which returned 5.87 g/t Au over 2m in hole GBA2101 (previously reported by the Company on February 28, 2022).
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