Reunion Gold Announces Financial Results for the Second Quarter Ended September 30, 2011 and Update on Exploration Projects

- November 29th, 2011

Reunion Gold Corporation (TSXV:RGD) announced that its unaudited interim consolidated financial statements and management’s discussion & analysis for the second quarter ended September 30, 2011 have been filed on SEDAR and are available on the Company’s website at www.reuniongold.com.

Reunion Gold Corporation (TSXV:RGD) announced that its unaudited interim consolidated financial statements and management’s discussion & analysis for the second quarter ended September 30, 2011 have been filed on SEDAR and are available on the Company’s website at www.reuniongold.com.

As quoted in the press release:

Matthews Ridge Manganese Project, Guyana
All trenches completed so far are showing manganese intersections, indicating a potential strike of approximately 15 kilometers. A total of 5 trenches on Hill 1 remain to complete the initial trenching program. Diamond drilling is also progressing, with 7 rigs currently at work. A total of 25,471 meters has been drilled in 376 holes, including 64 holes (approximately 4,000 m) which were re-drilled as a result of initial poor core recovery. On September 30, 2011, the Company had released assay results for samples taken from the trenches and drill holes received at the time. Analytical results from the balance of the trenching and drilling completed are still pending.

Lely Gold Project, Suriname

The Company has recently completed a follow-up program of stream sediment sampling at the Lely gold project in Suriname. The objective of the program is to confirm the results from the exploration program conducted by the Company in 2008 and extend the sampling around the entire Lely Plateau to determine if other drainages adjacent to the plateau contain elevated gold and arsenic values. A total of 114 samples were collected and assay results are pending. Exploration at the Lely gold project was suspended in October 2008 due to the Company’s limited financial resources.

Click here to read the Reunion Gold Corporation (TSXV:RGD) press releaseSee this press release on Marketwire
Click here to see the Reunion Gold Corporation (TSXV:RGD) profile.

Tags

Tags:

Leave a Reply