ALORO MINING CORP. - (the “Company” or “Aloro”) further to the Company’s news release dated February 5, 2018, Aloro would like to inform shareholders and other interested parties that a drill plan map for the recently completed Phase I Los Venados drill program, including drill road location, mapped geology and alteration zones, has been added to the Company’s website. The map was not available until after yesterday’s news release and is an important adjunct to the release.
In particular, it’s important to note that the highlight hole from yesterday’s release, hole LVRC-012, was located almost one kilometre to the southeast of the main area tested with holes 1 through 11. This is a completely separate target area that was generated during the course of the Phase I drill program based on observations from early holes and updated mapping. Aloro is working with the local Ejido to get an amended agreement to allow the drilling of Phase II holes in the vicinity of hole LVRC-012 as expeditiously as possible.
We will inform shareholders as soon as we have a projected start date for the fully funded follow-up drill program targeting “Escondida style” high grade gold/silver mineralization at Los Venados.
The 2018 Drill Plan Map can be found here:
About Aloro Mining Corp.
Aloro controls the 3,199 hectare Los Venados Project, which is located in the central part of the Mulatos Gold District. The western property boundary is shared with Agnico Eagle Mines Limited where it operates the La India open pit mine, and it is directly adjacent to the active Mulatos open pit of Alamos Gold Inc. to the south. The known mineralization within the Mulatos District is gold-dominant, with accessory silver and copper.
|ALORO MINING CORP.|
Per: "Thomas A. Doyle"
Thomas A. Doyle
President & CEO
For further information, please contact:
Thomas A. Doyle
Phone: (604) 689-5722
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