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Cosigo Resources Announces Futher Gold-Bearing Intercepts at Machado

Investing News Network
Feb. 04, 2014 11:21AM PST
Company News

Cosigo Resources Ltd. (TSXV:CSG) announced assay results from its Machado project in Colombia. Highlights include Hole 13MR020 intersecting 3.05m of 1.59 g/t Au from 9.14m down-hole depth inside a broader zone of weaker gold mineralization.

Cosigo Resources Ltd. (TSXV:CSG) announced assay results from its Machado project in Colombia. Highlights include Hole 13MR020 intersecting 3.05m of 1.59 g/t Au from 9.14m down-hole depth inside a broader zone of weaker gold mineralization.
As quoted in the press release:

  • Hole 13MR020 intersected 3.05m of 1.59 g/t Au from 9.14m down-hole depth inside a broader zone of weaker gold mineralization.
  • Hole 13MR010 intersected 3.05m of 0.98 g/t Au from 36.58m to the end of the drill hole.
  • Hole 13MR006 intersected several zones of weak gold mineralization.

Cosigo Resources Ltd. President and CEO, Dennis Milburn, said:

Our first drill program has shown that the Machado property is underlain by gold-bearing strata with several of our drill holes intersecting high grade gold. The potential for strata-bound mineralization is particularly encouraging given the large size of the metasedimentary system, which forms the Taraira Gold Belt.

Click here to read the Cosigo Resources Ltd. (TSXV:CSG) press release
Click here to see the Cosigo Resources Ltd. (TSXV:CSG) profile

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