Sonora Resources Stakes Additional Land at Los Amoles – Samples 432 g/t Silver over 2.2 M
07.03.2011 | Business Wire
LAS VEGAS - Sonora Resources Corp. (OTCBB: NATC) is pleased to report that through land staking the company has successfully increased the size of the Los Amoles property by an additional 1,960 hectares. This new land package covers extensions of the known mineralizing system to the east and south of the original target area of the property. It should also be noted that the Los Amoles property surrounds a property owned by Peñoles. Peñoles is the second largest Mexican mining company, the first Mexican producer of gold, zinc and lead, and the world leader in silver production.
Notable sampling on the original El Rosario target area of Los Amoles included the following:
Reconnaissance sampling aimed at evaluating the potential continuation of the greater than 800 meters of strike extension of the mineralization identified to date returned the following encouraging values:
- 50 cm grading 0.41 g/t gold and 215.6 g/t silver; and
- 2.20 m averaging 0.39 g/t gold and 432.0 g/t silver.
To date, more than 45 historic workings and more than 20 gold/silver veins have been identified within approximately 60% of the El Rosario target area that measures 1.0 by 2.5 kilometres. Additional fieldwork is planned to map and sample the remaining areas within the El Rosario target. This work will be done in advance of geophysics, which, in turn, will be done to delineate priority locations for drilling.
About the Los Amoles Property:
The 16.3 square kilometre Los Amoles Property is located approximately 150 kilometers northeast of Hermosillo, Sonora State, Mexico. The property is 10 kilometers northeast of the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.
About Sonora Resources Corp.
Sonora Resources is based in Las Vegas, Nev., and trades on the OTC Bulletin Board under the trading symbol “NATC”. The Company is focused on the acquisition, exploration and development of international gold and silver mining properties located in regions that enjoy stable politics, sound economies and friendly business environments. Additional information about the Company may be found at www.sonoraresources.com.
Forward Looking Statements
Statements in this news release that are not historical are forward looking statements. Forward looking statements in this news release include: that the company believes that geographic scope of mining concessions makes for exciting gold and silver potential for the project; that the property is interpreted to be within a porphyry system; and that Mexico is stable and business friendly. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not locate or agree to terms with potential partners, we may not be able to acquire equipment or labor as needed; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Nearby mineral resources is no indication of resources on our property. In addition, Mexico may undergo political or social change which would create additional geopolitical risks. Readers should refer to the risk disclosures outlined in the periodic reports filed by other junior mineral exploration companies with the Securities and Exchange Commission.
Contacts
Sonora Resources Corp.
Juan Miguel Rios Gutierrez, Chief Executive Officer
702-509-5049
info@sonoraresources.com
www.sonoraresources.com
Notable sampling on the original El Rosario target area of Los Amoles included the following:
Sample Location Type Width(m) Au(g/t) Ag (g/t) Pb(%)
49556-8 Working 4 Channel 6.00 0.33 226.6 0.06
49558 Working 4 Channel 2.00 0.63 497.3 0.17
49559 Working 4 Dump N/D 0.10 197.2 3.23
49567 Working 6 Channel 2.00 0.63 698.6 0.24
49579 Workings 8, 9 and 10 Dump N/D 0.24 1027.5 2.30
49581 Fault in drainage Channel 1.0 0.33 496.8 1.31
49584 Working 13 Dump N/D 0.53 304.6 0.42
Reconnaissance sampling aimed at evaluating the potential continuation of the greater than 800 meters of strike extension of the mineralization identified to date returned the following encouraging values:
- 50 cm grading 0.41 g/t gold and 215.6 g/t silver; and
- 2.20 m averaging 0.39 g/t gold and 432.0 g/t silver.
To date, more than 45 historic workings and more than 20 gold/silver veins have been identified within approximately 60% of the El Rosario target area that measures 1.0 by 2.5 kilometres. Additional fieldwork is planned to map and sample the remaining areas within the El Rosario target. This work will be done in advance of geophysics, which, in turn, will be done to delineate priority locations for drilling.
About the Los Amoles Property:
The 16.3 square kilometre Los Amoles Property is located approximately 150 kilometers northeast of Hermosillo, Sonora State, Mexico. The property is 10 kilometers northeast of the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.
About Sonora Resources Corp.
Sonora Resources is based in Las Vegas, Nev., and trades on the OTC Bulletin Board under the trading symbol “NATC”. The Company is focused on the acquisition, exploration and development of international gold and silver mining properties located in regions that enjoy stable politics, sound economies and friendly business environments. Additional information about the Company may be found at www.sonoraresources.com.
Forward Looking Statements
Statements in this news release that are not historical are forward looking statements. Forward looking statements in this news release include: that the company believes that geographic scope of mining concessions makes for exciting gold and silver potential for the project; that the property is interpreted to be within a porphyry system; and that Mexico is stable and business friendly. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not locate or agree to terms with potential partners, we may not be able to acquire equipment or labor as needed; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Nearby mineral resources is no indication of resources on our property. In addition, Mexico may undergo political or social change which would create additional geopolitical risks. Readers should refer to the risk disclosures outlined in the periodic reports filed by other junior mineral exploration companies with the Securities and Exchange Commission.
Contacts
Sonora Resources Corp.
Juan Miguel Rios Gutierrez, Chief Executive Officer
702-509-5049
info@sonoraresources.com
www.sonoraresources.com