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Caza Gold Defines Intrusive-Hosted, Bulk-Mineable Gold Target at Balleza Zone,
May. 10, 2011 07:50AM PST
Gold InvestingCaza Gold Corp. (CVE:CZY) reports that additional rock sampling has defined an intrusive-hosted, bulk-tonnage gold target at the Balleza zone, Chihuahua, Mexico.
Caza Gold Corp. (TSXV:CZY) reports that additional rock sampling has defined an intrusive-hosted, bulk-tonnage gold target at the Balleza zone, Chihuahua, Mexico.
The press release is quoted as saying:
Assay results from 575 rock chip samples collected by Caza in 2010 and 2011 have defined an initial 500 metre (m) long by up to 400 m wide drill target that includes 237 samples exceeding 0.3 grams per tonne (gpt) gold and averaging 1.27 gpt gold.
Caza Gold’s President and CEO, Greg Myers says:
“The definition of our first intrusive-hosted, bulk-tonnage gold target at Balleza is an exciting next step in our understanding of this large, prospective area. Historically Balleza was known for its high grade quartz veins so this intrusive-hosted, bulk-tonnage gold target is a significant new addition to the overall potential of the area.”