Rio resumes work on Ecuadorean play

Drilling at the Guabisay gold-silver-copper property in Ecuador is set to resume, based on results from the first hole.

Rio Amarillo Mining (RIO-V) reports that hole 1 intersected: 19.5 metres grading 4.75 grams gold and 43.4 grams silver per tonne, plus 0.21% copper; 9 metres of 0.43 gram gold, 16.8 grams silver and 0.81% copper; and 6 metres of 1.83 grams gold, 39.4 grams silver and 0.92% copper.

The hole was drilled to intersect a near-vertical, linear target that had been identified at surface through soil and rock chip sampling. The target, consisting of tourmaline breccia containing visible sulphides, appears to be 100 metres wide and open on strike.

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