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    Cerro Resources Intersects Up To 27.8 g/t Au At Espiritu

    Investing News Network
    Aug. 22, 2012 05:25PM PST
    Gold Investing

    Cerro Resources NL (TSXV:CJO) announced new surface sample results from the Espiritu Santo Gold/Silver exploration project Jalisco State, Mexico, in preparation for a drill program.

    Cerro Resources NL (TSXV:CJO) announced new surface sample results from the Espiritu Santo Gold/Silver exploration project Jalisco State, Mexico, in preparation for a drill program.

    As quoted in the press release:

    Highlights

    • 23.3 g/t Au screen fire assay from 4m section of Patas vein;
    • 27.8 g/t Au rock chip sample from Patas/Pipi vein;
    • Multiple +1 g/t Au samples from multiple veins in results to date, and
    • 18 major quartz breccia veins now identified (strike lengths up to 1km+ and typical widths of 3 – 12 meters) within the 5,800 ha project area.

    Tony McDonald, Managing Director of Cerro commented:

    We are particularly encouraged both by the high grade values in several of the samples and number of gold-bearing veins identified to date at Espiritu Santo.

    It is increasingly apparent that this is a priority gold/silver exploration project, with the Patas/Pipi vein area likely to lead the target list when the first drilling campaign commences later this year.

    Click here to read the full press release.

    tsxv:cjo
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