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    Atacama Pacific Intersects 144 Metres Grading 1.02 g/t Gold at Cerro Maricunga

    Investing News Network
    Mar. 09, 2012 10:50AM PST
    Gold Investing

    Atacama Pacific Gold Corporation (TSXV:ATM) announced results from Phase III drilling at the Chile-based Cerro Maricunga project.

    Atacama Pacific Gold Corporation (TSXV:ATM) announced results from Phase III drilling at the Chile-based Cerro Maricunga project.

    As quoted in the press release:

    At the southern end of the Phoenix Zone, on section 1150, drill hole CMR-110 cut a broad zone of lower grade mineralization, 116 m grading 0.36 g/t Au starting from surface, which was previously unknown. This was followed by further zones of 0.2 to 0.3 g/t Au down hole including 50 metres grading 0.26 g/t Au.

    Atacama Pacific’s President and CEO, Carl Hansen said:

    Drilling continues to progress well with over 27,000 metres from the budgeted 42,000-metre Phase III campaign completed to date. The engineering scoping study is also progressing with a late Q2 delivery date anticipated.

    Click here for the Atacama Pacific Gold Corporation (TSXV:ATM) press release.

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