Alio Gold Intersects 6.1 G/t au Over 24.9 Metres at Ana Paula; Initiates Surface Drill Program to Target High-Grade Breccia
ALIO GOLD CORP (ALO)
Last alio gold corp earnings: 8/10 07:00 am
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Source: GlobeNewswire
VANCOUVER, British Columbia, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Alio Gold Inc (TSX:ALO) (NYSE MKT:ALO) (“Alio Gold” or the “Company”), is pleased to provide an exploration update from its 100% owned Ana Paula project in Guerrero, Mexico, including the completion of the 2,000 metre drill program to twin previous drill holes within the pre-feasibility pit for metallurgical test work samples. The Company has also initiated a surface drill program to target the high-grade breccia below the pre-feasibility pit that will commence in the first quarter of 2018. Highlights Completed 2,000m, drill program for metallurgical sampling, confirming high-grade mineralization and lithology in the Mineral Resource Estimate (‘MRE’) dated May 16, 2017 as per the NI 43-101 Preliminary Feasibility StudyDrill hole 17-09 intersected 24.9m (from 38.5m to 63.4m) of 6.1 g/t gold which include an interval of 4.4m (from 53.5 to 57.9) of 27.24 g/t gold.Commenced construction of the portal site for the undergrou
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