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NGEx Resources Inc. (TSX:NGQ) announced final drilling results from the 2012/2013 program at their Josemaria copper-gold project in San Juan Province, Argentina.
NGEx Resources Inc. (TSX:NGQ) announced final drilling results from the 2012/2013 program at their Josemaria copper-gold project in San Juan Province, Argentina.
As quoted in the press release:
The high-grade zone was extended some 200 metres to the north of previously released hole JMDH50 by holes including JMDH69 with 250 metres at 0.86% CuEq (0.67% Cu and 0.28 g/t Au) and JMDH72 with 136 metres at 0.95% CuEq (0.80% Cu and 0.22 g/t Au). The zone has approximate dimensions of 350 metres north to south and at least 250 metres east to west.
NGEx’s President and CEO, Wojtek Wodzicki, said:
We are pleased with the results of this year’s drilling at Josemaria. Over the last two years Josemaria has developed into an exciting project with a shallow high grade core that has the potential to significantly enhance project economics. This year’s drilling further expanded this shallow high grade zone. The zone remains open to the northwest into a large area of leached capping that overlies a strong chargeability anomaly with excellent potential for additional supergene mineralization. We plan to test this potential later this year.
To view the whole press release, click here.
