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Entrée Gold (TSX:ETG,NYSE MKT:EGI,FWB:EKA) released assay results for the first 20 holes drilled as part of a pre-feasibility program at its Ann Mason project in Nevada. In total, the program comprised 40 holes and 19,200 meters.
As quoted in the press release:
Highlights from initial drill results include: EG-AM-14-041 with 390 metres of 0.35% copper, EG-AM-14-050 with 176 metres of 0.35% copper, EG-AM-14-046, the eastern-most drill hole, with 112.3 metres of 0.34% copper, EG-AM-14-057 with 327.4 metres of 0.38% copper, and EG-AM-14-065 with 150 metres of 0.38% copper.
Entrée Gold president and CEO, Greg Crowe, said:
The assay results received to date from our in-fill drill program look very promising, and will be used to upgrade the current mineral resources to the Measured and Indicated categories. Ann Mason is revealing itself to be a large, uniform copper deposit with very consistent grades, located in one of the best mining jurisdictions in the world. This drill program represents a significant step towards pre-feasibility, and advances Ann Mason along a development timeline. The next step will be to complete an updated resource estimate and PEA in the first half of 2015, and commence updated metallurgy studies.
Click here to read the Entrée Gold (TSX:ETG,NYSE,MKT:EGI,FWB:EKA) press release
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