CB Gold Inc. Provides Drill Results From the Vetas Gold Project and Discovery of Gold Porphyry Mineralisation
CB Gold Inc. (CVE:CBJ) announced a summary of its initial drilling programme at its Vetas Gold Project, District of Santander, Colombia.
CB Gold Inc. (TSXV:CBJ) announced a summary of its initial drilling programme at its Vetas Gold Project, District of Santander, Colombia.
The press release is quoted as saying:
CB Gold Inc. is pleased to announce the discovery of gold-copper-molybdenum porphyry mineralisation in three of the first five holes, including DDH10-001, which ended with a 20m interval with a weighted average of 1.38 g/t gold and 1.02 g/t silver hosted by dacitic porphyry with strong potassic hydrothermal alteration identified by secondary biotite. This mineralization was not reported previously in the Vetas – California mining district and is considered a new discovery in the region.