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Cogitore Returns Chip Sampling of 85.4 g/t Gold (2.49 oz/ton Gold) and 1.9 g/t Gold

Written by Investing News Network
|
Nov. 22, 2012 09:04AM PST

Cogitore Resources Inc. (TSXV:WOO) reported that drilling is underway to test Gold Hill showing at its Lemoine project south of Chibougamau, Quebec.

Cogitore Resources Inc. (TSXV:WOO) reported that drilling is underway to test Gold Hill showing at its Lemoine project south of Chibougamau, Quebec.

As quoted in the press release:

Results of recent chip sampling of the Gold Hill showing by Cogitore included up to 0.92% copper and 85.4 g/t gold (2.49 oz/ton gold), and 0.87% copper and 1.9 g/t gold over narrow widths. These results are consistent with historical surface sampling reported by Teck Exploration Ltd in 1999 which included grab samples up to 2.8% copper and 48.2 g/t gold, and a chip sample returning 6.3 g/t Au over 7.3 metres.

Cogitore’s President and CEO, Dr. Gérald Riverin, said:

Vein type gold deposits are not at all uncommon in mining camps yet recognized for their volcanogenic massive sulphide (VMS) deposits. The nearby past producing Lemoine mine being one of the highest grade VMS deposits in the world with 4.2 g/t gold in addition to 4.2% copper and 9.8% zinc is perhaps telling us that Cogitore’s Lemoine property may also have good potential for gold deposits other than VMS type and the Gold Hill showing may be reflecting exactly that.

To view the whole press release, click here.

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