The Company also wishes to announce the re-commencement of field operations at its Las Minas project in Veracruz, Mexico
Mexican Gold re-commences field operations at Las Minas Project, terminates business combination with New Found Gold. (Credit: Steve Bidmead from Pixabay)
Mexican Gold Mining Corp. (the “Company” or “Mexican Gold”) (TSXV: MEX) announces that along with New Found Gold Corp. (“NFGC”), it has mutually terminated the binding letter agreement to acquire all of the issued and outstanding shares of NFGC.
The Company also wishes to announce the re-commencement of field operations at its Las Minas project in Veracruz, Mexico. Mexican Gold is preparing for an upcoming drill program to follow-up the discovery of a high-grade gold occurrence in a previously unexplored area near the Cinco Senores prospect where the Company intersected 21.37 g/t gold over 2m and 8.94 g/t gold within the entire 5.2m altered zone in hole LM-19-CS-13.
Source: Company Press Release