Cosigo Resources Ltd. has intersected 3.04 metres averaging 0.914 g/t gold from 76.0 to 79.04 metres in hole 21 at its Taraira property in southern Colombia.

The company disclosed that hole 21 bottomed in a sand-filled cavity that likely represents historic artisanal workings. Consequently, intervals from 79.04 to 91.02 metres deeper in the hole are considered unreliable and will be disregarded in data management.

Cosigo has completed holes 26, 27, and 28 at the property. Core samples from these holes are currently undergoing preparation at the site camp before being forwarded to an independent laboratory in North Vancouver, Canada, for analysis. Assay results are expected within six to 12 weeks. Core from hole 29 is currently in storage at the camp awaiting sample preparation.

In addition to ongoing drilling, Cosigo has initiated a formal submission with the Colombian Geological Survey to acquire high-resolution airborne magnetometry and gamma-ray spectrometry data for Block #9. This survey block encompasses all of the company's land holdings in the Taraira district, with data delivery anticipated within the next two quarters.

To support processing work across its assets, the company previously assembled a pulverization mill and a camp-level metallurgical gravity laboratory at the Taraira North property to handle bulk sampling.

Outside of the Taraira project, Cosigo holds a 100% interest in the Willow Creek property in Nevada and the Damian property in Colombia, alongside a 13.23% interest in DHK Diamonds Inc., which explores for diamonds in the Northwest Territories of Canada.

Read the full announcement: Cosigo Resources Provides Drilling Update