Surface Trenching Program At The El Habal Property

VANCOUVER, BC - Goldplay Exploration Ltd. reported summary and additional results of the surface trenching program at the El Habal Property in Sinaloa, Mexico. The results to date have identified oxidized gold mineralization on the surface along a 1000 meter-long mineralized zone. Additionally, the results of recent trenching at the Octavio target support opportunities to continue exploration along the mineralized zone to the east.

Results from the surface trenching program to date shows significant widths, high grades and consistent mineralization on the surface at most targets at the El Habal Property. These results together with a recently completed ground geophysical survey program (CSAMT) defined quality drill targets under investigation in the ongoing core drilling program. All intervals have been reported on an uncut basis. In some of the trenches, where bedrock was not available, sampling was completed in the vicinity to access bedrock and provide sampling coverage on a continuous basis. 

The recent sampling results at the Octavio target, confirm the continuity of mineralized systems further east, representing an opportunity for additional shallow drilling targets. The gold mineralization is represented mainly by oxidized stockwork systems hosted by altered andesites.

These combined results define a consistent oxidized gold mineralized zone over 1000 meters along the strike, supporting the exploration potential at the El Habal. The wide mineralization, together with the common occurrence of high-grade bonanza grades and associated resistivity targets, encourages Goldplay to continue with its surface and core drilling exploration program at the El Habal in the coming months.

All intervals have been reported on an uncut base. The 2017 and 2018 surface trenching samples with assays results above 10 g/t and 5g/t respectively have been re-assayed with metallic screen fire assay with gravimetric finishing. In locations where the topography did not allow continuous sampling, a secondary surface trenching was completed in the vicinity to provide good continuity on sampling line intersecting the mineralized zone on bedrock outcrops.

Trenching undertaken by Goldplay in 2017 - 2018 has been supervised by onsite personnel at the project who rigorously collect and track samples, which are then sealed and shipped to Bureau Veritas and SGS Minerals for analysis. SGS's and Bureau's quality system complies with the requirements for the international standards ISO 17025 and ISO 9001. Analytical accuracy and precision are independently controlled using blanks, control reference material and duplicate samples.

Marcio Fonseca, Chief Executive Officer, said, "The Surface trenching results define a consistent oxidized gold mineralization zone extending over 1000 meters with evidence of high grade results together with a wide mineralized zone. This, together with the most recent ground geophysical survey results, indicate attractive exploration potential at El Habal".