Toachi Mining Inc. announced results from on-going drilling at its La Plata gold-rich volcanogenic massive sulphide (VMS) 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 intended to infill and expands known resources in the main La Mina VMS lenses leading to the completion of a National Instrument 43-101 compliant resource estimate in 2017. Hole CMLP-16-20 was collared to test for near surface mineralization in the area of the former open pit mine at La Mina which saw small scale mining from 1975-1981. This hole is part of a group of eight drill holes designed to follow up results from hole CMLP-16-04, which was reported earlier. Management believes the La Plata project, which is characterized by geology typical of major gold-rich VMS camps around the world, hosts excellent potential for the discovery of additional discrete VMS zones amongst the 14 exploration targets identified to date. 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.