Golden Reign Resources Acquires El Jicaro Mining Concession, Nicaragua
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Golden Reign Resources has acquired a new property, the El Jicaro Concession, which is located adjacent to and south of the company’s flagship San Albino-Murra Property, Nueva Segovia, Nicaragua.
The El Jicaro Concession encompasses the southwest extension of the mineralized structures currently being drill tested by three active drill rigs on the San Albino-Murra Property. The Concession covers an area of 5,071 hectares, nearly doubling the company’s current land package to an aggregate 13,771 hectares. Numerous historical mines and workings exist along a structural corridor approximately 3 kilometers wide by 20 kilometers long which spans the entirety of the company’s land package.
About Golden Reign Resources
Golden Reign Resources is a publicly listed mineral exploration company engaged in exploring the San Albino-Murra Property located in Nueva Segovia, Nicaragua. Nicaragua, a mining-friendly jurisdiction, is situated in the Central American Gold Belt, which extends from Costa Rica in the south to Guatemala in the north. Within this prolific gold belt, estimates of historical production total more than 20 million ounces.
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