Castle Peak Mining Announces Results From Follow-Up Drilling

Gold Investing

Castle Peak Mining Ltd. (TSXV:CAP) announced the final 2012 drill results from the follow up drill program at the Apankrah target, on the Akorade project in the southern Ashanti belt, Ghana, West Africa. The Apankrah Shoot has now been intersected with a total of 12 drill holes with an average intercept length of 6.6 metres and an average grade of 5.7 g/t gold. Drill hole NKDDH030 returned a greater than 13m alteration zone hosting 5.0 m of 8.49 g/t gold, including 1.5 m of 10.2 g/t gold.

Castle Peak Mining Ltd. (TSXV:CAP) announced the final 2012 drill results from the follow up drill program at the Apankrah target, on the Akorade project in the southern Ashanti belt, Ghana, West Africa. The Apankrah Shoot has now been intersected with a total of 12 drill holes with an average intercept length of 6.6 metres and an average grade of 5.7 g/t gold. Drill hole NKDDH030 returned a greater than 13m alteration zone hosting 5.0 m of 8.49 g/t gold, including 1.5 m of 10.2 g/t gold.

As quoted in the press release:

Highlights:

  • Apankrah Shoot has now been intersected with a total of 12 drill holes with an average intercept length of 6.6 metres (‘m’) and an average grade of 5.7 grams per tonne (‘g/t’) gold (‘Au’) (bonanza grades in hole NKD022 capped to 50 g/t Au).
  • Apankrah structure, open in all directions, is host the to the Apankrah Shoot which has an average strike length of over 100m and is open in all directions and has been traced ~300m down plunge and remains open at depth.

Castle Peak Mining President and CEO Darren Lindsay said:

I am pleased with the successful completion of our Apankrah drill program on the Apankrah Shoot target. The limited program followed the strong grades down plunge and down dip, and the shoot remains open in all directions. The coarse visible gold style of mineralization with lower grade halo shows the expected high grade variability. Our next step is to internally model this target to determine additional potential of the Apankrah and surrounding structures.

Click here to read the Castle Peak Mining Ltd. (TSXV:CAP) press release

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