FenixOro Launches Drill Program at Abriaqui - Seite 3

Additional discoveries of new targets in the southeast area of the project: The southeast area of the project is relatively more remote with slightly more challenging access, however it holds numerous targets with over 30 historical small mines working 20 known veins. The sampling program has delineated numerous unexplained soil gold anomalies and ground magnetometry has identified two unexplained magnetic anomalies that appear very similar to the large porphyry target in the northwest area of the project.

A figure accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1212be26-afc1-4b1f ...                                   

Table 1. Targets for Phase 1 Drilling
Hole	Number of	Additional Targets
	Veins Targeted
A1	5	intersection of NW/EW vein families; 1 g/t soil anomaly
A2	8	intersection of NW/EW vein families; 1 g/t soil anomaly
A3	5	intersection of NW/EW vein families; soil anomaly
B1	8	soil anomaly between NW/SE vein families
B2	4	soil anomaly between NW/SE vein families
C1	7	NW edge of magnetic anomaly
C2	5	250 linear meters of unexplained soil anomalies
C3	2	significant soil anomaly
D1	3	high grade vein family; main magnetic anomaly
D2	3	soil anomalies

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