Mr. Cameron King reports
VANGOLD TO PRESENT AT THE CANADIAN MINING SYMPOSIUM, LONDON, UK
Vangold Mining Corp. will be participating in The Northern Miner Canadian Mining
Symposium at Canada House in London on April 24 and 25. Cameron King, president and chief executive officer, will be making a
formal presentation on Tuesday, April 24, at 3 p.m. in the Main Hall.
The symposium is presented and hosted by The Northern Miner in co-operation with The High Commission of
Canada in the United Kingdom, and offers the British and European mining and investment communities a
comprehensive view on how Canada has become, and continues to be, the global leader in all facets of the mining
industry.
Vangold Mining is a Canadian silver and gold mining company focused on developing the historic high-grade
El Pinguico mine located in Guanajuato, Mexico, situated on the famous Veta Madre structure. Unlike traditional
junior exploration companies, Vangold's assets all had various levels of production from modern-day techniques or
historical artisanal developments. The company's immediate interest is on the El Pinguico mine property, located
10 kilometres from the UNESCO heritage city of Guanajuato. The property holds over 700,000 tonnes of stock ore that is
ready for processing, yielding substantial returns. After the mine's sudden closure in 1913, there remains 200,000 tonnes at surface and
500,000 tonnes underground from shrinkage stoping mining.
As Vangold Mining carries the project toward production, the company has been confirming historical assay
grades through a sampling and drilling program on the underground stockpile, establishing consistent grade across
both stockpiles. The surface stockpile ranges from 0.5 gram per tonne to 6.0 g/t gold equivalent, averaging 1.52 g/t
AuEq. Vangold's sampling program on the underground stockpile has resulted in grades ranging from 1.5 g/t to
35 g/t gold equivalent. The phase 1 sampling program resource estimate continues over the standing ore
piles for the purposes of providing a National Instrument 43-101 report and preliminary economic assessment for production
economics.
Looking beyond the El Pinguico mine stockpiles, Vangold has started its underground phase 2 drill program
targeting the lower Carmen and El Pinguico vein systems, which continue at depth below the underground ore
pile. These epithermal veins possess widths of three metres to 16 m, a strike length over two kilometres and a 78-degree dip. Known
mineralization continues another 500 m to 1,300 m and to a possible Veta Madre intersection.
Adjacent to the El Pinguico property, the company owns San Carlos, Patito I and Patio II for a total of 1,890 hectares.
Vangold owns an additional five properties located along the Mexican mining belt in Guanajuato state. All of
Vangold Mining's properties are 100 per cent owned and distributed between its two wholly owned subsidiaries: Ombras
Mineras El Pinguico Holdings SA de CV and CanMex Silver SA de CV.
To learn more about Vangold Mining, please visit the company in the Quebec room on Wednesday, April 25, between 8:45
a.m. and 10:45 a.m. to learn more about Vangold's execution strategy and financing opportunities.
About Vangold Mining Corp.
Vangold is a development-stage silver and gold company, holding 100-per-cent ownership of nine mining concessions in
the Mexico mining district, in Guanajuato.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.