Nevada Pacific encouraged by trenching results at El Tule

Vancouver – A recent trenching program by Nevada Pacific Gold (NPG-V) has returned encouraging results from the El Tule project in Nayarit State, Mexico, including 21 metres grading 5 grams gold per tonne from Trench 4.

Nevada Pacific reported results from the first 12 of 27 trenches completed to date at the 130-sq-km El Tule property, now described as “an increasingly important asset” in the company’s 2,300-sq-km project portfolio in Mexico.

The trenching program was designed to test three large gold-in-soil anomalies associated with high-grade, low-angle gold veins and low-grade stockworks peripheral to the veins.

The initial 12 trenches tested the Northern gold soil anomaly, which measures 300 metres in length and varies from 25 to 50 metres wide. The gold vein and stockwork mineralization is hosted by argillically altered rhyolite and andesite volcanics within a regional, northwest-trending horst-and-graben structure.

The trenching program outlined three high-grade areas with peripheral, low-grade vein-stockwork haloes within the zone. Trench 4 assayed 5.03 grams gold over its entire 21-metre length, including 3 metres grading 12.52 grams gold on the southern end and 1.5 metres of 8.47 grams gold on the northern end. The mineralized system remains open to the south and north.

Trench 1 returned 12.05 grams gold over 1.5 metres, and 1.21 grams gold over 12.7 metres. Trench 2 returned 0.92 gram gold over 15.5 metres and 9.66 grams gold over 7 metres, which includes 21.7 grams gold over 3 metres.

Several other trenches returned gold values ranging from 0.33 gram gold to 2.67 grams gold over widths ranging from 3 metres to 14 metres. Three trenches showed only weakly anomalous gold values.

The results of exploration to date at El Tule have prompted the company to expand its land position through claim-staking and purchase agreements to cover widespread areas of gold mineralization. The property is situated at low elevations (50 to 150 metres) and is accessible by the Pan-American Highway, which passes through the property.