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- Los Cerros (LCL) intersects up to 3.34g/t gold from the Tesorito porphyry discovery within its Quinchia Gold Project in Colombia
- Three infill diamond holes were drilled at Tesorito to increase the drill hole density in the area that defines the high-grade potential starter pit
- With over $13 million in cash as of June 30, Los Cerros is well funded to continue advancing the Miraflores and Tesorito deposits
- Shares in Los Cerros are up 6.45 per cent and are trading at 3.3 cents at 1:38 pm AEST
Los Cerros (LCL) has intersected up to 3.34g/t gold from the Tesorito porphyry discovery within its Quinchia Gold Project in Colombia.
Three infill diamond holes were drilled at Tesorito to increase the drill hole density in the area that defines the high-grade potential starter pit.
Assays for all three holes were consistent with geology model expectations with a best result of 196 metres at 1.28g/t gold from surface including 28 metres at 3.34g/t gold from 106 metres.
Other results include 296 metres at 0.82g/t gold from four metres including 16.1 metres at 3.11g/t gold from 189.9 metres, and 296 metres at 0.82g/t gold from four metres including 98.1 metres at 1.65g/t gold from 189.9 metres.
“Recently announced results of Tesorito metallurgical test work demonstrated Tesorito ore is likely to be amenable to a conventional process flow and to enjoy typical porphyry style recovery performance characteristics, thus reducing process risk,” Managing Director Jason Stirbinskis said.
“Today we release infill results that give greater certainty to the nature of the high-grade porphyry core of the Tesorito discovery.”
With over $13 million in cash as of June 30, Los Cerros is well funded to continue advancing the Miraflores and Tesorito deposits.
Shares in Los Cerros were up 6.45 per cent on the market and were trading at 3.3 cents at 1:38 pm AEST.
