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Margaux Resources Averages 24.98 G/T Gold at Emerald Property at Three New Holes

Investing News Network
Jan. 15, 2015 11:23AM PST
Company News

Margaux Resources (TSXV:MRL) has completed 578.8 meters of drilling in three drill holes as a follow-up to a gold intercept in hole E1411. The hole in question returned average gold values of 24.98 grams per ton over 10.20 meters.

Margaux Resources (TSXV:MRL) has completed 578.8 meters of drilling in three drill holes as a follow-up to a gold intercept in hole E1411. The hole in question returned average gold values of 24.98 grams per ton over 10.20 meters.

According to the press release:

Margaux completed 578.8 metres (“m”) of drilling in three drill holes as a follow-up to the significant gold intercept in bismuthinite-bearing granite in hole E1411. Gold values returned from E1411 averaged 24.98 grams per tonne (“g/t”) over 10.20 m from 116.8 to 127 m depth) including 1.7 m of 63.71 g/t gold (see Margaux News Release dated November 6, 2014).

A value of 68.3 g/t gold was returned from a 0.65 m wide sample of granite-skarn breccia in hole E1433 that may correlate with the gold-bearing structure of E1411. A more prominent granite dyke, similar to that in E1411, returned 3.43 g/t gold over 1 m.

Click here to read the Margaux Resources (TSXV:MRL) press release

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