MONTREAL, March 07, 2018 (GLOBE NEWSWIRE) -- Quinto Resources Inc. (QIT.V) (“Quinto” or the “Company”) today announced results from its drilling program on the Campo Largo gold project in Brazil. The Company may earn an interest of up to 100% in the project over a six-year period.
The drilling program consisted of two holes for a total of 300 metres. The objective was to verify prior historical results. The Company intersected values of 2 ppb to 43 ppb Au.
“Those results are clearly not what we expected. We will therefore reevaluate our investment in this project and other options going forward,” said Michael Curtis, President and CEO of Quinto.
The scientific and technical content of this press release has been reviewed and approved by William H. Bird, Ph.D., P.Geo., a qualified person as defined by NI 43-101.
About Quinto
Quinto Resources Inc. (QIT.V) is a Canadian gold exploration company. It has an option to earn a 100% interest in the Campo Largo gold project in Brazil, and owns a 5% interest in the Monster Lake property (IAMGOLD: 50%/TomaGold: 45%) in Québec, Canada.
For more information, contact:
Michael Curtis | Louis Morin |
President and Chief Executive Officer | The Ask Marketing Services Inc. |
(514) 793-1915 | (514) 591-3988 |
mcurtis@cardwellcap.com | |
www.quintocorp.com | |
Neither the 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 news release. Statements made in this news release that are not historical facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking” statement.