Gold

Calico Resources Corp.(TSXV:CKB) announced the latest drill results from the last five holes of its 2011 drilling campaign at Grassy Mountain.

Calico Resources Corp.(TSXV:CKB) announced the latest drill results from the last five holes of its 2011 drilling campaign at Grassy Mountain.

As quoted in the press release:

All five holes intersected thicker than anticipated sections of moderate grade material and contain a higher-grade component, such as CAL-008R which intersected 109.7m (360 feet) averaging 2.51 g/t (0.073 opt) Au and included 15.5m (50 feet) averaging 7.12 g/t (0.208 opt) Au.

Calico Resources Corp., Chairman, Buck Morrow, said:

We are excited by both the extension of mineralization and the potential impact these results will have on our current view of the size of the resource.

Click here to read the Calico Resources Corp. (TSXV:CKB,OTCQX:CVXHF) press release
Click here to see the Calico Resources Corp. (TSXV:CKB,OTCQX:CVXHF) profile.

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