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.
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