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Soho intersects up to 1.13 g/t gold, 1,500 g/t silver at Jocuixtita project in Mexico

Soho Resources (CVE:SOH) announced Tuesday it intersected up to 1.13 grams per tonne (g/t) gold and 1,500 g/t silver during its phase one diamond drill program at its Jocuixtita project in Mexico.

The exploration program at Jocuixtita, located in the city of San Ignacio, near Mazatlan in Mexico, has included geological mapping, surface and underground sampling, and the recently completed diamond core drill program.

Thirteen holes reached their target depth, while five holes were abandoned due to difficult ground conditions.

Notable results from the program include 10.8 metres grading 0.15 g/t gold, 165.38 g/t silver, 0.01% copper, 0.06% lead, and 0.07% zinc, including one metre at 0.73 g/t gold, 1,050 g/t silver, 0.07% copper, 0.18% lead, and 01.24% zinc, in hole JCX-09.

This hole also returned 0.13 g/t gold, 295.63 g/t silver, 0.03% copper, 0.11% lead, and 0.33% zinc over 5.4 metres, including one metre grading 0.63 g/t gold, 1,500 g/t silver, 0.13% copper, 0.53% lead, and 1.63% zinc.

Assays also returned 5.25 metres grading 0.41% gold, 350.84 g/t silver, 0.02% copper, 0.06% lead, and 0.09% zinc, including 1.13 g/t gold, 989 g/t silver, 0.05% copper, 0.14% lead, and 0.21% zinc, over 1.7 metres, in hole JCX-18.

This phase one drill program tested the El Carmen and La Salvadora zones, which are separated by a 700-metre-long, northwest-southeast trending structure, Soho said.

The El Carmen zone contains at least two crosscutting structures, called Ano Nuevo and El Caballo. These structures, each trending northeast-southwest, have returned high-grade assays. As a result, Soho said it intends to focus future drill programs in these areas.

Other significant results include hole JCX-17, which returned 0.13 g/t gold, 138.74 g/t silver, 0.01% copper, 0.29% lead, and 0.84% zinc over 5.7 metres, including 2.2 metres grading 0.2 g/t gold, 292 g/t silver, 0.01% copper, 0.06% lead, and 0.71% zinc.

Assays from this hole also returned 12 metres at 0.25 g/t gold, 183.95 g/t silver, 0.01% copper, and 0.02% zinc, including 3.0 metres at 0.68 g/t gold, and 409.12 g/t silver.

Hole JCX-07 found 9.95 metres at 0.24 g/t gold, 159.54 g/t silver, 0.02% copper, 0.1% lead, and 0.12% zinc, including 0.34 g/t gold, 230.38 g/t silver, 0.03% copper, 0.14% lead, and 0.15% zinc, over 6.1 metres.

President and CEO, Ralph Shearing said: "We are very happy to have completed a successful first phase of exploration at Jocuixtita, encountering very promising grades over significant widths within the epithermal mineralized structures tested during drilling; and discovering the porphyry style alteration patterns is an added bonus.

"We look forward to initiating a second phase of drilling on the epithermal targets as well as conducting more follow-up exploration work on the porphyry target as soon as funding allows."

Soho, whose stock on the TSX-Venture surged 33.33% to $0.08 as of 12:48 pm EDT, holds the option to purchase a 100% interest in the 4,103-hectare property.