Toachi Mining Inc. announced results from on-going drilling at its La Plata gold-rich volcanogenic massive sulphide project in Ecuador. 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 this year. Holes CMLP-17-65 and 68 are on the same section and were successful in extending mineralization on the eastern flank of the La Mina north zone lenses. Hole CMLP-17-63 was also completed on the same section and intersected mineralization just below the former mine underground workings. Hole CMLP-17-66 was completed on the next section 30 m to the north and was successful in extending mineralization another 30 m toward the west. This hole intersected zinc-enriched sulphides with high grade values of 13.58% zinc over 10.22 m along with corresponding high gold and copper values. Modelling of historic and current drill results by Toachi staff has delineated four discrete mineralized zones which define the La Mina North and La Mina South blocks. For a 3-D graphic of the wireframed zones. To date, Toachi has completed 13,748 m of drilling on the La Plata project. Work on a maiden 43-101 resource estimate study has begun and is being supervised by Brian Wolfe of International Resource Solutions PTY Ltd., of Perth, Australia. Mr. Wolfe has been to the La Plata project site and is working closely with Toachi's geological staff in preparing the resource estimate and technical report. Toachi and its consultants anticipate delivery of a resource estimate sometime in September, one month later than previously planned. 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.