Preliminary trenching on the Encanto gold porphyry prospect on the Bonita concession in Ecuador is returning encouraging numbers for Peruvian Gold (VSE).
The junior can earn a 60% interest in the property, which covers 21,000 hectares in northeastern Ecuador.
Channel sampling of a quartz-veined porphyry returned 171.4 ft. grading 0.15 oz. gold and 0.28 oz. silver per ton, including 56.6 ft. grading 0.3 oz. gold and 0.62 oz. silver in trench 1.
A second trench, 105 ft. below, and south of, the first trench, yielded 49.2 ft. grading 0.11 oz. gold and 0.21 oz. silver, including an 11.2-ft. interval grading 0.42 oz. gold and 0.7 oz. silver.
The Encanto porphyry measures up to 984 ft. in width and is exposed intermittently through a cover of deep soil. The intrusive measures close to 1 mile in length.
Further trenching, in preparation for drilling, will continue on the property.
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