Reyna Gold – 5,500 Meter Phase 2 Drill Program Commences Over 4 Target Areas At The La Gloria Project
Michael Wood, CEO and Director of Reyna Gold Corp. (TSX.V: REYG) (OTCQB: REYGF), joins us for an exploration update with the commencement of a 5,500 meter Phase 2 drill program at the flagship La Gloria Project; a 24,215 ha area located along the Mojave-Sonora Megashear trend in Sonora, Mexico.
We start off by highlighting the 4 different target areas of focus in 2023: La Republicana, Western, Las Carmelitas, and the Main Zone. The initial drill focus will be at La Republicana, with 9 holes stepping out to test extensions to the La Republicana Main Vein, which produced 59.00m of 1.45 g/t Gold in Phase 1 drilling. There are 20 holes overall planned for La Republicana, with a number of other targets that have been generated district-scale ongoing mapping, soil sampling, and magnetic and IP surveys.
Next we discussed that the exploration team at Reyna Gold is continuing to refine targets and just waiting on the final data from the IP survey to set up the drill plan at both the near-surface bulk mineralization at Las Carmelitas and the big high-density veins at the Western area. Additionally, there will be drilling allocated to following up on nice silver hit from last drill season at the Main zone.
We wrap up discussing the district scale size of this land package, along with the range of minerals found from precious metals – gold and silver, and base metals – copper and lead, to critical minerals – antimony, and tellurium. It reflects the large discovery potential of important key metals at a number of target for exploration this year, so there should be plenty of newsflow on tap in the months to come.
If you have any questions for Michael about Reyna Gold, then please email us at either Fleck@kereport.com or Shad@kereport.com.
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Agreed DT. My experience has been at most of the PM rallies for years, that the Silver stocks outperform the Gold stocks, and in the 2009 – 2011 bullish period, or the 8 month rally in 2016, or the Q1 Runs in 2017, 2018, or the rally from late 2018 through early 2019, or the summer of 2019 – early 2020, or the rally out of the pandemic crash from March 2020 through the #SilverSqueeze in Feb 2021.
I think it is nuts when people are uber bullish on Gold miners, but snub their nose at the Silver stocks, which typically will outperform. My portfolio has a healthy weighting to both Gold and Silver stocks, but the ones that have really been ripping even recently have been the silvers once again…
Rinse and Repeat…
I changed my entire Prediction on Gold & Silver. “Here’s Why”. Rick Rule The interesting part comes right at the end where Rick Rule states, “toward the middle to the end in a Gold And Silver Bull Market that Silver will greatly outperform gold. So far, my silver stocks are beating my gold stocks and “The Big Bull Market” in precious metal is just getting underway. DT
https://www.youtube.com/watch?v=ddCstp7tFPE