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Caza Gold Corp. (CVE:CZY) reports an update for shareholders on its progress in the First Quarter and its plans for the Second Quarter, 2011.
The press release is quoted as saying:
In Q1, Caza was very encouraged by the initial assay results from its Balleza-La Cienega project at its Moris property in Chihauhau, Mexico. The Balleza gold target area is now over 1200 meters long and up to 400 meters wide, which doubles the area of the previously known mineralized zone. A total of 310 samples from the Balleza zone have been collected by Caza, Exmin, and Hochschild in recent years and 134 of these samples assay higher than 0.3 gpt Au and average 1.6 gpt gold.
Click here to access the entire news release.