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Cosigo Resources Ltd. (TSXV:CSG) completed the field work phase of its first drilling program on the Machado Project in the Taraira Gold Belt, Colombia. Twenty reverse-circulation drill holes were completed at varying depths to a maximum of 95 meters.
As quoted in the press release:
Drilling at Machado was focused in the Cerro Rojo area at the center of the property. This area hosts numerous tunnels and an open pit mined by artisanal miners during a gold rush in the 1980’s and 90’s. The drill holes, each with a nominal diameter of 90 millimeters, were continuously sampled in five foot (1.52 meter) intervals. All samples have been transported off-site for processing and preparation for assay. The samples will be dried and processed to prepare splits for gold assay and multi-element analysis. Quality control samples, including standards and blanks, will be inserted into the sample stream prior to delivery to the assay laboratory. Duplicate sample material will be retained and placed in storage. Assay results will be reported by Cosigo as they become available.
Cosigo Resources Ltd. President, Dennis Milburn, said:
We are proud of the efforts and dedication of our employees and contractors, who despite the strict conditions of our Forestry Reserve Subtraction successfully completed several drill holes through strata known to have produced gold in the past. Our focus has now shifted to the laboratory phase of the program and we are looking forward to receiving assay results over the next few months.
Click here to read the Cosigo Resources Ltd. (TSXV:CSG) press release