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Rio Grande Resources Ltd ( (TSE:RGR) ) just unveiled an update.
Rio Grande Resources Ltd. announced positive assay results from its sampling and field campaign at the Winston Gold-Silver Project in New Mexico. The results revealed high-grade gold and silver mineralization, with significant findings including 66.2 g/t gold and 830 g/t silver, and confirmed the presence of a large, multi-phase hydrothermal system. This discovery, along with the identification of new mineralized veins and copper-rich zones, enhances the project’s exploration potential and supports the company’s confidence in the district’s value. The findings indicate that the mineralized system remains open at depth, suggesting further exploration could unlock additional resources, thereby potentially increasing shareholder value.
More about Rio Grande Resources Ltd
Rio Grande Resources Ltd. is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold, silver, and copper, with a market focus on high-grade mineralization projects, such as the Winston Gold-Silver Project in New Mexico, USA.
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