Castle Peak Mining Ltd.(TSXV:CAP) announced additional diamond drill results from the Apankrah target at its Akorade project. The Company is waiting on geophysical interpretation from testing carried out in May on the Nkwanta, Asuogya-Ayiem and Great Yorkshire concessions.
As quoted in the press release:
The initial follow up and target evaluation program of 3,030m is now complete, with 8 of the 14 holes reported. The current drill results represent the continuing evaluation of the higher grade gold distribution in the Apankrah target area, in particular the Apankrah structure, one of a series of parallel east-north-east (‘ENE’) trending structures across the Nkwanta Concession.
Castle Peak, President and CEO, Darren Lindsay, commented:
Castle Peak is pleased to be demonstrating exploration potential, with a shallow higher grade target such as Apankrah, in what we consider to be an overlooked portion of the Ashanti Gold Belt. These results continue to provide encouragement for additional high grade potential in the Apankrah target area in general. And, given the coarse nature of the gold observed, we are modeling the various veins and inferred controlling structures in order to determine additional upside by increasing the drilling density and additional target evaluation.