Announcement Date: 2022-07-19
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Anacortes Mining Corp.
Project name: Tres Cruces
Location: Peru
Commodities: Gold
Highlight: Drilling results incl. 123.1m @ 2.11g/t Au from 115.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – July 19, 2022) – Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) (“Anacortes” or the “Company”) is pleased to announce drill results from the first two completed diamond drill holes at Tres Cruces. Both holes demonstrate the near-surface high grade continuity of the deposit and represent the first two of 22 planned drill holes currently underway in the prolific Quiruvilca Mining District in northern Perú. ATC-500 is an infill hole with the objective of confirming gold grade, lithology, alteration, and metallurgical material type from the surrounding reverse circulation drill holes (RTC-003, RTC-222, and RTC-238) and core hole DTC-222. ATC-500 was drilled to a final depth of 150 m and intersected three significant intervals [1] tabulated in the Drill Results Table below. ATC-500 fulfilled the objective confirming the gold grade and other geologic characteristics previously described above, see Figure 1 and Figure 3. ATC-501 is a twin hole to confirm gold grade, lithology, alteration, and metallurgical material type reported in reverse circulation drill hole RTC-255. The hole was drilled to a final depth of 496.30 m. The significant intervals are tabulated in the Drill Results Table below. ATC-501, see Figure 2 and Figure 3.
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