Soltoro Ltd. (TSXV:SOL) announced positive gold assay results from ongoing mapping and sampling on its Mexican Tecolote Project.
As quoted in the press release:
The Carmelita vein system has been traced for over 40 metres at surface where sampling returned numerous high-grade gold and silver values including 24.0 g/t gold and 333 g/t silver over 0.8 metres, 12.5 g/t gold and 512 g/t silver over 0.7 metres and, 8.4 g/t gold and 172 g/t silver, all from channel samples. The San Eusebio vein system has been traced for over 150 metres at surface where sampling returned numerous high-grade gold and silver values including 12.9 g/t gold and 12 g/t silver over 1.0 metre and 6.4 g/t gold and 6 g/t silver over 1.0 metre, both from channel samples.
Soltoro’s President and CEO, Andrew Thomson, said:
Currently we have two geologists assigned to Tecolote with additional staff assisting to complete regional mapping, sampling and ground magnetic surveys. Detailed mapping and sampling continue in order to define the extent of the high-grade gold silver zones. Trenching, followed by drilling, can be initiated once permits have been obtained. The permitting process is expected to be completed in 2013.