Oro Gold confirms higher gold grade
Wed, Oct 15, 2008
Oro Gold Resources reports gold assay results for a third twin core hole of recent drill program at its Trinidad property, Mexico.
The core hole is a twin of RC hole 08TRRC029 which had two corresponding intervals: 1.7 g/t gold over 8.0 metres compared to 5.3 g/t gold over 7.8 metres in the core hole, and 1.8 g/t gold over 8.0 metres compared to 9.7 g/t gold over 7.0 metres in the core hole. This confirms a significant increase in gold grade of over 300% in the core interval for the same mineralized interval in the RC hole.
Frank Powell, Vice President of Oro Gold comments:
“All of the core twin holes drilled to date show significantly higher gold grades than reported in the same intervals drilled by RC. We are very excited about these results as it is demonstrating a positive impact on the grade and potential upside of the Taunus gold deposit. It is important to note that the majority of the previous drilling and resource estimation relied on RC drilling. These results show that RC drilling is a good exploration tool, but appears to substantially underestimate the gold grade of this deposit.”
For full details of this press release, click this link. To view Oro Gold’s previous press releases & latest video, click here. Follow developments in gold mining and exploration for free.
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Tags: Au, drill program, Gold, gold assay results, gold assays, gold grade, gold intercepts, gold mineralization, gold mining, gold per ounce, gold spot market, gold stocks, high gold grade, Oro Gold resources
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