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Rio Grande Resources (RGRLF) has completed its exploration and sampling program at the Winston Gold-Silver Project in New Mexico's Black Range Mountains. The March 24-28, 2025 field campaign collected 57 samples for analysis, revealing promising geological insights into the high-grade epithermal vein system.
Key findings include identification of mineralized shoots along vein bends, containing dark gray sulphosalts and chalcopyrite, indicating high-grade precious metal potential. Surface mapping confirmed continuous vein strike lengths of several hundred meters to over a kilometer, with evidence of intact precious metal horizons at depth.
The company is developing a 3D geological model and has submitted samples to ALS Global Laboratories for gold and multi-element analysis, with results expected in the coming weeks. Additionally, Rio Grande has entered two consulting agreements: a 6-month geological advisory services contract at $3,750 USD per quarter and a 12-month business advisory services agreement at $12,500 CND monthly, including 833,333 RSUs valued at $0.06 per unit.
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