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FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF) announced promising drill results from its Phase 1 program at the Abriaqui project in Colombia. Key highlights include Hole P006, which revealed 7.7 meters at 8.46 g/t gold, featuring a peak 124.5 g/t in a single sample, and Hole P005 intercepting 1.35 meters at 12.28 g/t, marking the deepest intersection. This expansion extends proven mineralization to over 1200 meters, indicating a strong potential for future drilling.
FenixOro Gold Corp (OTCQB:FDVXF) has completed its Phase 1 drilling program at the Abriaqui project, comprising 4029 meters across eight holes. New results show an increase in vein structures, potentially outlining a bulk tonnage target area of 400-500 meters long and 250 meters wide. Notable findings include six intercepts in hole P003 with gold grades up to 13.2 g/t and a 3.85-meter intercept in hole P001, confirming the northwest vein corridor's significance. Final assay results for remaining holes are expected by the end of February.
FenixOro Gold Corp announces a live webinar on October 8, 2020, at 12:00 noon EDT, featuring CEO John Carlesso and VP Exploration Stuart Moller. The webinar will update investors on the ongoing drilling program at the Abriaqui project, which commenced on September 26, aiming for 4500 of the 6000 meters funded. The program targets Buritica-style veins in northwestern Abriaqui, with a geotechnical study for local road upgrades included.
The project is located in a prolific gold region of Colombia, with notable high-grade historical results.
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