Castlepeak Mining Provides Akorade Project Exploration Updates

Gold Investing

Castle Peak Mining Ltd.(TSXV:CAP) announced further updates to its Target Generation exploration activities at Akorade.

Castle Peak Mining Ltd.(TSXV:CAP) announced further updates to its Target Generation exploration activities at Akorade.

As quoted in the press release:

The results of an induced polarization (‘IP’) survey, completed over the Apankrah and Nana targets, indicate a coincident north-northeast (‘NNE’) trending high chargeability and moderate resistivity anomaly in what has been considered to be the secondary control orientation for the high grade intercepts returned from our previous drilling; 2.8 metres (‘m’) of 17 grams per tonne (‘g/t’) gold (‘Au’) and 2.2m of 24 g/t Au (NR January 2012, June 2011).

Castle Peak, President, Darren Lindsay, commented:

Our systematic approach to exploration allows us to further understand this large underexplored land package, identify new areas of potential mineralization, such as the Great Yorkshire concession, and to reduce the drilling risk in our phase I drill programs. Additionally, identifying which tools work best to refine productive targets should improve our success rate and ultimately allow us to better identify and deliver the best resource to the market.

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


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