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Turmalina Unearths High-Grade Gold Vein System with Impressive 17.9 g/t Au Over 1.18 m

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Turmalina Metals Discovers High-Grade Gold Vein System and Copper-Gold Mineralized Breccia Pipe

Turmalina Metals Corp. has announced the exciting discovery of a high-grade gold vein system and a new copper-gold mineralized breccia pipe at its San Francisco project in San Juan, Argentina. The successful completion of 2,984 meters of diamond drilling revealed these significant findings. The 22-hole program included drilling at five targets across the extensive project area. Initial mapping and sampling at Veta Rica identified a low-sulfidation epithermal quartz vein with rock chip assays of up to 56 g/t Au. Two holes drilled at Veta Rica intersected high-grade gold at depth, including an impressive 17.9 g/t Au over 1.18 m.

Exploring the Potential of the San Francisco Project

Turmalina Metals' exploration efforts at the San Francisco project have expanded beyond breccia mineralization. The project now encompasses highly prospective areas with various vein, intrusion-related, porphyry, and breccia targets. The Veta Rica discovery exemplifies the style of epithermal mineralization found in the district. Ongoing surface work and mapping are being conducted to further explore the potential of this new discovery and nearby targets.

Exciting Prospects and Future Plans

The drilling program also targeted the Ethan breccia pipe, which exhibited strong surface trench assays and promising tourmaline breccia mineralization. Turmalina Metals is currently reviewing and modeling the results to plan follow-up drill holes in this large breccia system. Additionally, other prospects, such as Tres Magos, Veta Amarilla, and Veta Alumbrera, were tested during the program, returning intervals of mineralization. In conclusion, Turmalina Metals' recent discoveries at the San Francisco project showcase the potential for high-grade gold and copper-gold mineralization. The company's ongoing exploration efforts and future drilling programs will further evaluate and expand upon these exciting findings, solidifying its position as a key player in the South American gold-copper-silver sector.

Implications of Turmalina Metals' Discovery for New Businesses

Turmalina Metals Corp.'s recent discovery of a high-grade gold vein system and a new copper-gold mineralized breccia pipe at its San Francisco project in San Juan, Argentina, is a significant development in the mining industry. This discovery, revealed through 2,984 meters of diamond drilling, could have far-reaching implications for new businesses in the sector.

Opportunities for New Entrants

The discovery of high-grade gold and copper-gold mineralization at the San Francisco project could potentially attract new entrants to the South American gold-copper-silver sector. The project's successful exploration efforts have uncovered various vein, intrusion-related, porphyry, and breccia targets, offering a wealth of opportunities for new businesses.

Lessons from Turmalina Metals' Strategy

Turmalina Metals' strategic approach to exploration, including its focus on surface work and mapping, can serve as a valuable lesson for new businesses. The company's ongoing efforts to further explore the potential of this new discovery and nearby targets demonstrate the importance of thorough and meticulous exploration. In conclusion, Turmalina Metals' recent discoveries could significantly impact new businesses in the mining industry. The potential for high-grade gold and copper-gold mineralization, combined with the company's strategic approach to exploration, could provide both opportunities and valuable lessons for new entrants in the sector.
Story First Published at: https://financialpost.com/globe-newswire/turmalina-discovers-high-grade-gold-vein-system-including-17-9-g-t-au-over-1-18-m
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