Aloro Reports Drill Results from High Sulfidation Los Venados Project
1085 - 555 Burrard Street
P.O. Box 201
Vancouver, BC V7X 1M8
Canada
Tel: (604) 689-5722
Fax: (604) 685-9182
Email: [email protected]
June 9, 2019 TSX.V Symbol AORO
FRANKFURT Symbol 4LPP
ALORO REPORTS DRILL RESULTS FROM HIGH SULFIDATION
LOS VENADOS PROJECT
ALORO MINING CORP. – (the “Company”) has completed drilling at the Los Venados (LV) Project
and has received the assay results. The drilling included four drill holes for approximately 1347 meters
of drilling. The four drill holes were targeting to locate and test a “blind” mineralized felsic dome
structure adjacent to the Mulatos active mine’s high grade Escondida gold bearing felsic dome. This
target was projected from data and mapping all acquired from the completion of 12 prior drill holes in
late 2018 and more specifically by drill hole LVRC-012.
The stratigraphy and structural projections indicated a felsic dome zone occurring in the southeastern
part of the Venados concession.
Drilling of these most recent drill holes successfully located a felsic dome with sulfide contents ranging
from 3 to over 10 weight percent pyrite content in pervasive altered volcanic flow units and intrusive
dome rock unit up to 200 meters thick. Geological success was not rewarded while the assays results
showed only very low grade gold in scattered intercepts of gold content throughout the broad zone of
pyritized felsic dome. Other elements present are broad anomalous arsenic with irregularly weakly
anomalous bismuth and lead and zinc. More resolution of geochemical patterns in the concession are
planned, however the southeastern area of the concession is not being targeted for further ground work.
Los Venados June 2019 Drill Map:
https://aloromining.com/site/assets/files/5158/se_corner-_los_venados-_5500_scalew.png
Los Venados Geological Cross Section of Drilling:
https://aloromining.com/site/assets/files/5158/section_a-a_lvrc-012-_014-_013-modelw.png
Best Intervals of Drilling:
Drill hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t)
LVRC-013 NSV NSV
LVRC-014 284.99 288.04 3.05 0.138 3.2
LVRC-014 298.70 300.23 1.53 0.127 16.5
LVRC-014 315.47 318.52 3.05 0.218 0.5
LVRC-015 NSV NSV
LVRC-016 284.99 292.61 7.62 0.164 4.5
Thomas A. Doyle, President, CEO, stated “Good application of geologic data allowed successful
discovery of the mineralized dome, however we are disappointed by the low gold content intercepted.
We will evaluate the technical aspects of the Los Venados Concession data to determine quality of
remaining gold targets.”
Melvin A. Herdrick, PGeo, a qualified person under NI 43-101, is responsible for the technical content
contained in this press release. Mr. Herdrick has supervised the preparation of and approved the scientific
and technical disclosures in this news release.
About Aloro Mining Corp.
Aloro controls the 3,199 hectare Los Venados Project which is located in the central part of the Mulatos
Gold District and the western border of which property is shared with Agnico Eagle Mines Limited
where it operates the La India open pit mine. The Los Venados Project is directly adjacent to the active
Mulatos open pit of Alamos Gold Inc. to the south. The known mineralization within the Mulatos
District is gold-dominant, with accessory silver and copper.
ALORO MINING CORP.
Per: “Thomas A. Doyle”
Thomas A. Doyle
President & CEO
http://www.aloromining.com/
For further information, please
contact:
Thomas A. Doyle
Logan Anderson
Phone: (604) 689-5722
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.