Capitan Mining Inc. (TSXV:CAPT) – Drilling Expands Mineralization at Peñoles
December 1, 2020
Capitan Mining announced assay results from the first seven holes of its ongoing 6,000m reverse circulation (RC) drill program at its 100%-owned, Peñoles Au-Ag project located in Durango, Mexico. Capitan expects to complete 3,000m of drilling by year end, with its full RC drill program to conclude by March or April of 2021. In our view, these results are very positive and show that there is a significant opportunity to expand the mineralization at Peñoles and add to the existing inferred resource of +500k oz AuEq.