These results are part of 20 holes being reported from the infill and step-out exploration program at the Bermejal Underground deposit at the Los Filos Mine, following the initial 20 holes reported on July 13, 2017. 

Neil Woodyer, CEO stated "This second set of holes continue to delineate the broad widths and high grades of the mineralization below the junction of the sill and the Bermejal intrusive. Overall the program has an impressive 90% success rate with 36 of the 40 holes drilled intercepting the key targets."

Over 25,000 metres (45%) of the 56,000 metre Bermejal Underground program have been completed. A total of 62 of the planned 113 holes have been drilled and, to date 40 holes have been reported, 12 are in progress and the remaining 10 are in the process of sampling or assaying. The entire drilling program is expected to be completed within 2017 and these drill hole results will be incorporated in an updated resource estimate.

Bermejal Underground mineralization extends approximately 1,600 metres along the strike of the intrusive contact and has a vertical depth extent of over 600 metres. The drilling shows consistent oxide mineralization at carbonate/intrusive contacts either along the intrusive contact or below the intersection between the sill and the Bermejal intrusive contact.  The mineralization in the Bermejal Underground deposit remains open in several directions.

All holes intersected iron-oxide skarn mineralization as targeted and only two holes (BU-36-17, BU-40-17) were below a 3 gpt over 3 m diluted minimum width threshold.

Bermejal Underground Expansion Project Update

An environmental permit for the mine portal and exploration ramp was completed in July 2017. Surface preparation for the portal is currently underway. The ramp will provide access to the eastern and central portions of the deposit and will enable additional exploration, allow collection of material for confirmatory metallurgical testwork for heap leaching, demonstrate the minability of Bermejal Underground, and advance the project towards declaration of reserves.