Commodities Buzz: Goldplay Exploration Announces Completion Of Independent Mineral Resource In Mexico

Goldplay Exploration Ltd announced the completion of an independent NI 43-101 mineral resource estimation for the San Marcial Project, located in Sinaloa, Mexico. Goldplays maiden San Marcial Mineral Resource is a substantial increase from the historical resource completed by Silvermex Resources Inc. in 2008 and reported by Goldplay on 18 April 2018. The Mineral Resource consists of 36 million ounces of silver equivalent (AgEq) at an average grade of 147 grams per tonne (gpt) in the Indicated category and an additional 11 Moz AgEq at an average grade of 99 gpt AgEq in the Inferred category, using a 30 gpt AgEq cut off for open pit and 80 gpt AgEq for underground resource classification completed by WSP Canada Inc. on February 07, 2019. The Mineral Resource includes 22 core drill holes (assayed during 2018) in addition to the 30 core drill holes that were used to estimate the Historical Resource in 2008.