Toachi Mining Inc. announced results from on-going drilling at its La Plata gold-rich volcanogenic massive sulphide project in Ecuador. Program Highlights: Hole CMLP-17-79 intersected 11.75 metres (m) of massive and disseminated sulphide mineralization grading 5.12 grams per tonne (g/t) gold, 66.61 g/t silver, 3.33% copper, 9.12% zinc and 2.09% lead from 50.25 m in the La Mina North zone of the La Mina deposit. The intersection included a high grading interval of 9.63 m grading 6.09 g/t gold, 79.7 g/t silver, 3.96% copper, 11.1% zinc and 2.51% lead from 52.37 m. These intercepts were successful in confirming continuity of zinc-enriched sulphide mineralization identified in drill hole CMLP-17-66 which intersected 10.22 m grading 13.58% zinc with 4.63 g/t gold, 81.32 g/t silver, 3.19% copper and 1.13% lead. The drill program, which began in August 2016, is designed to validate the historic drilling database at the La Plata project. The drilling program is also intended to infill and expand known resources in the main La Mina VMS lenses leading to the completion of a National Instrument 43-101 resource estimate later the year 2017. Holes CMLP-17-79 was completed on the next section north of hole CMLP-17-66, the latter hole which was successful in extending mineralization 30 m towards the west in the La Mina north zone lenses. The new mineralized intercept in hole CMLP-17-79 confirmed continuity between sections, of the high-grade mineralization defined in hole CMLP-17-66. Hole CMLP-17-66 intersected zinc-enriched sulphides with high grade values of 13.58% zinc over 10.22 m along with corresponding high gold and copper values. La Plata Deposit Geology: Gold-bearing sulphide mineralization at La Plata occurs as compositional banding composed of chalcopyrite, sphalerite and pyrite laminae with barite occurring as clasts and also as thin layers. Base and precious metal mineralization at La Plata is interpreted to have formed as part of multiple volcanic episodes that created a stacked volcanic-exhalite hydrothermal sequence which is considered favorable for hosting multiple VMS lenses. Examples of this exclusive group of gold-rich VMS camps include Noranda, Doyon-Bousquet-LaRonde and the Flin Flon camps in Canada. Toachi's exploration staff has identified more than 14 discrete exploration targets across the property concessions which extend for more than 9 kilometres, attesting to the potential of this emerging district.