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Cayden Resources Samples High-Grade Gold Values at La Magnetita Target

Cayden Resources, a junior mining firm, has reported that the high-grade values of gold have been sampled in a fresh trench from the company’s La Magnetita target located in the Morelos Sur gold project in Mexico.

The company intersected 14.4 g/t gold over 6 m and 6.39 g/t gold over 20 m as well as 0.62 g/t gold over 17 m and 0.48 g/t gold over 27 m along the trench. These intercepts are found in the western part of the gold in soil anomaly measuring 7.3 sq. km, defined previously this year.

Drill program has been commenced on one of the west anomaly target areas and the company is presently waiting for the drill results. Cayden has completed wide trench samples from the western and eastern anomaly target areas and the assay results are pending.

Ivan Bebek, the CEO and President of Cayden Resources, stated that the company is happy about these high-grade gold intersections from the La Magnetita trenches and is expecting to examine the depth expansions through the present drilling campaign. The company is completing a wide surface exploration and trenching program at the eastern parts of the La Magnetite anomaly while simultaneously drilling the anomaly’s western parts.

Vancouver-based Acme Labs assayed all samples with the help of a standard 30 g fire assay along with atomic absorption finish.

Cayden acquires, explores and develops precious metals projects situated all over the United States and is focused on providing shareholder values.

Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.

G.P. Thomas

Written by

G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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