A new target has been established at La Trinidad, a gold project in the West Mexican state of Sinaloa.
Eldorado (TSE) is conducting the work and can earn a 51% interest from Almaden Resources (VSE) by completing a feasibility study.
Limited sampling of the Colinas zone along old bulldozer trenches and on surface outlined a gold-mineralized zone measuring 3,300 ft. long by 1,000 ft. wide. It remains open along strike and to depth, with values of up to 0.09 oz. gold per ton reported.
The new zone lies 1,150 ft. south of the Taunas deposit, which hosts an estimated one million tons grading 0.081 oz. Forty drill sites have been constructed at Taunas and sampling of an old trench returned 64 ft. grading 0.12 oz. gold.
Eldorado spokesman David Hottman said the company plans to drill a least 3,500 ft. on Taunas early next year.
Plans for drilling on Colinas are not final.
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