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Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that encouraging results in both silver (Ag) and gold (Au) have been received from the San Marcial Project, in Sinaloa State, Mexico.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company“) announces that it will make its first issuance of shares to a contractor it engaged under the shares for services drilling contract previously announced on May 16, 2019. Under this issuance, the Company will issue 824,376 common shares at a deemed price of $0.20/share for services valued at $164,875.24. These shares are subject to a hold period expiring January 21, 2020, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that additional high-grade silver (Ag) has been encountered in a re-opened old adit, or tunnel, at the Faisanes target (Figure 1) on the edge of the NI 43-101 silver resource area at the Company’s San Marcial Project (“San Marcial”), Sinaloa, Mexico, as announced in February this year (see News Release dated 7 February 2019).
Any exploration company CEO would be pleased to report a headline number of 204.6 grams per ton gold. For Goldplay (V.GPLY) CEO Marcio Fonseca, that is just the beginning. The drill result reported in the July 30 press release is part of a much larger story.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce a high-grade gold intersection from its first core drill hole at the San Marcial Project (“San Marcial”), Sinaloa, Mexico.
Just off the phone with Marcio Fonseca, CEO of Goldplay Exploration (V.GPLY). I am writing up our conversation now but the key takeaway is that today’s news release is the beginning of a significant news flow with drill results and trenching results on no less than eight target areas coming over the next few months.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that a broad high grade gold (Au) zone has been encountered, on surface, at the Nava Target, 300 m along strike, west of the original gold bearing Nava trenches at the San Marcial Project, Sinaloa, Mexico, as recently announced (see News Release dated 16 April 2019).
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce wide gold intersections in the Company’s first two surface trenches sampled to confirm the continuity and geometry of the low sulphidation epithermal gold mineralization that returned previously up to 10 g/t Au from channel sampling in underground tunnels at the Nava Zone discovery (see News Release dated 16 April 2019).
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that as a result of its ongoing surface exploration at the San Marcial Project, initial channel samples indicate a new gold (Au) discovery the Nava Target. The new gold discovery is located approximately 1.5 kilometres to the west of the San Marcial silver NI 43 101 resource (see News Release dated 7 February 2019), within an area currently showing an extensive hydrothermal altered zone, 500 meters long x 100 m wide, hosting low sulphidation intensive quartz veining and stockwork mineralization..