on Reyna Gold Corp (isin : CA76170R1047)
Reyna Gold Announces Updates on Gryphon Exploration and La Gloria Final Results
Reyna Gold Corp. (TSXV: REYG) has released updates on its Gryphon Summit project in Nevada and announced the final results of Phase 2 drilling at La Gloria in Sonora, Mexico. Exploration at Gryphon, a 50/50 option agreement project with Reyna Silver, is progressing, with drilling set to commence soon.
The La Gloria project has yielded promising results. Drilling at the Western target identified large mineralized zones, including notable intersections such as LG-23-58 with 39.10m of 0.29 g/t Gold. Other significant results include LG-23-60 with 12.70m of 0.23 g/t Gold.
At the La Republicana zone, step-out drilling continued to find gold mineralization near the surface. Results include 35.20m of 0.23 g/t Gold in hole LG-23-49. Despite deep conglomerate layers hindering some probing, the potential for high-temperature systems remains high.
Reyna Gold aims to leverage its Nevada focus to unlock further value from La Gloria, possibly through partnerships or sales. Initial drilling at Gryphon Summit will commence over the summer.
R. H.
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