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Strait Gold Gets Community Approval to Drill at Alicia Project

Investing News Network
May. 12, 2010 01:15PM PST
Industrial Metals Investing

Strait Gold Corporation (TSX VENTURE:SRD) reported that the company has signed a community agreement to start drilling at its Alicia copper-gold property in Peru.

Strait Gold Corporation (TSX VENTURE:SRD) reported that the company has signed a community agreement to start drilling at its Alicia copper-gold property in Peru.

The press release is quoted as saying:

More than three-quarters of samples at Alicia from a recent program conducted by the Company returned values greater than 1% copper (see news release of March 23, 2010). One set of samples from a new zone returned 5.65% copper, 0.95 g/t gold, and 45.25 g/t silver over 6.0 metres and resampling of one trench returned 2.35% copper, 0.38 g/t gold and 15.14 g/t silver and 0.015% molybdenum over 16.5 metres.

Click here to access the entire press release

Click here to access Strait Gold Corporate Site

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