{"id":1157188,"date":"2019-12-24T13:38:29","date_gmt":"2019-12-24T19:38:29","guid":{"rendered":"https:\/\/www.mining.com\/?p=1010029"},"modified":"2019-12-24T13:38:29","modified_gmt":"2019-12-24T19:38:29","slug":"advance-gold-updates-drilling-in-mexico-shares-jump","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1157188","title":{"rendered":"Advance Gold updates drilling in Mexico, shares jump"},"content":{"rendered":"<p>Advance Gold Corp. (TSXV: AAX) <a aria-label=\"has provided a drilling update (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/www.advancegold.ca\/news-releases\/2019\/advance-gold-hits-78-metres-sulphide-zone-in-first-drill-hole-into-large-1000-x-500-metres-chargeability-anomaly\/\" >has provided a drilling update<\/a> for the first hole into a large chargeability anomaly identified from recent geophysical surveys on the Tabasquena project in Zacatecas, Mexico.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The drill hole encountered a 78-metre sulphide zone with disseminated to massive sulphides associated with quartz from 226 to 304 metres. At the bottom of the hole from 405 to 415 metres is a second 10-metre zone of quartz veins with disseminated sulphides in the andesites surrounding the quartz veins. Samples from both of these zones have been submitted for assaying.<\/p>\n<p>\u201cThere is ample evidence that this is a big, long lived mineralizing system,\u201d President and CEO Allan Barry Laboucan commented.<i> <\/i><\/p>\n<p>\u201cIt is important to also point out that there are plenty of similarities in the mineralizing systems at Tabasquena and the various mines in the nearby region.\u201d<\/p>\n<p>Shares of Advance Gold jumped more than 40% on Tuesday. Trading volume reached over 400,000 shares, nearly 10 times the daily average. The company has a market capitalization of C$3.8 million.<\/p>\n<p>The Tabasquena project, with historical silver production dating back to the 20th\u00a0Century, shares the same geological feature as nearby Milagros silver mine. Advance Gold recently built headframe with a 100-metre shaft and underground workings at the project site.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Advance Gold jumped more than 40% on Tuesday.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[949,369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1157188"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1157188"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1157188\/revisions"}],"predecessor-version":[{"id":1157195,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1157188\/revisions\/1157195"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1157188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1157188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1157188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}