Pattern detected at Salvadoran play

Additional drill results from the Salvadoran project known as El Dorado suggest a pattern of increasing grade with increasing depth, Mirage Resource (TSE) reports.

At the Coyatera North prospect, holes K95-107 and 106 were drilled on section 1090, above and below previously reported hole K95-105. That hole intersected 6.11 grams gold and 52.07 grams silver per tonne over an approximate true width of 10.5 metres at a depth below surface of 140 metres.

Hole K95-107 returned a true width of 7.5 metres grading 5.47 grams gold and 53.06 grams silver at a depth of 70 metres, while hole K95-106 yielded a true width of 10.5 metres grading 17.01 grams gold and 61.83 grams silver (including an interval averaging 25.63 grams gold and 71.82 grams silver over a true width of 5.3 metres) at a depth of 190 metres.

Assay results from further holes, drilled to the north on sections 1140 and 1190, are pending. All results from the current program will be incorporated into a prefeasibility study, completion of which is expected this month.

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