Mr. Ralph Shearing reports
TAHUEHUETO UNDERGROUND DEVELOPMENT RETURNS SIGNIFICANT ASSAY RESULTS FROM EL CRESTON ZONE
Telson Mining Corp. has provided significant assay results from underground
development on the El Creston zone at its Tahuehueto mine development
and construction project in Durango state, Mexico.
Highlights
Tahuehueto underground development within the El Creston zone has returned significant grades over appreciable widths.
Channel sampling results received to date are presented in the attached table. Additional channel sampling has been collected within the El
Creston zone from mineralization exposed during underground development
and results will be disclosed when assay results are received by the
company.
ASSAYS
Sample width Au Ag Cu Pb Zn AuEq
(m) (g/t) (g/t) (%) (%) (%) (g/t)
4.95 8.48 104 0.85 5.82 11.01 20.91
3.00 5.66 62 0.26 3.57 7.42 13.24
3.00 8.89 88 0.34 2.25 6.27 15.54
3.35 11.87 78 0.54 2.74 4.06 17.59
3.25 8.12 134 0.44 2.44 3.99 14.13
The results in the attached table are the weighted average of a series of samples,
generally no more that one metre in width, collected from a continuous
channel sample across the mineralized structure.
Antonio Berlanga, chief executive officer, states: "These El Creston samples continue to
demonstrate the quality of Tahuehueto mineralization and are, in the
case of these El Creston samples, verifying our reserve base established
from previous drilling. In the case of the El Perdido underground
development, which has extended past the limits of previous drilling,
channel sampling results (as released Feb. 22, 2019) are
verifying the continuity of mineralization along the El Perdido
structure, helping to verify management's assumption that the El Perdido
zone connects with the Santiago zone on the same structure and, if
continuously mineralized will allow, new exploration along approximately
800 metres of unexplored structure to hopefully add additional resources
to the project. Meanwhile, underground development and mill construction
preparing the mine for our future on-site production continues as recent
photos available on our website demonstrate."
All the samples in the table were submitted to SGS De Mexico SA de CV's
independent laboratory located in Durango City, Mexico. Assay methods
utilized were GE_FAA313 and GE_ICP14B for gold and silver, respectively,
with overlimits followed up with GO_FAG303, multielement GE_ICP14B for
lead and zinc with overlimits assayed with GO_ICP90Q. Additional detail
on assay methodology used can be found on SGS's website.
About Telson Mining Corp.
Telson is a Canadian-based mining company with two
Mexican gold, silver and base metal mining projects. Effective May 15,
2018, Telson declared commercial production at its 100-per-cent-owned Campo
Morado mine. Telson is currently producing zinc and lead concentrates
with gold, silver and copper as byproducts.
Telson's 100-per-cent-owned Tahuehueto project, located in northwestern Durango
state, Mexico, is currently in construction development.
Qualified persons
This press release was prepared under the supervision and review of
Ralph Shearing, president and a director of Telson, a professional geologist registered in Alberta as a member
of the professional association APEGA, and a qualified person as defined
by National Instrument 43-101. Data verification by Mr. Shearing includes personal
inspection of the Campo Morado mine site, reviewing mining facilities,
drill core and underground development, and discussing work programs and
results with geology and mining staff.
We seek Safe Harbor.
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