Amarillo Gold Corporation Launches 2021 Exploration Program at Mara Rosa
April 12, 2021 at 02:13 pm EDT
Amarillo Gold Corporation’s Mara Rosa Property in the State of Goiás, Brazil. Amarillo is following up on the successes of its 2020 exploration program, which defined gold mineralization up to 1.5 kilometres in strike length, approximately 3.5 kilometres northeast of its Posse Gold Project. A total of 8,500 metres will be drilled, including 6,500 metres of diamond drilling and 2,000 metres of reverse circulation drilling, on four target areas close to the Posse Gold Deposit. Posse hosts proven and probable reserves of 902,000 gold ounces, as detailed in the Amended and Restated NI 43-101 Technical Report Definitive Feasibility Study Posse Gold Project, Brazil. Dated August 3, 2020, the report was compiled by SRK Consultores do Brasil Ltda with input from other engineering companies and consultants.