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Colt Resources Inc. (TSXV:GTP) announced results for 6 diamond drillholes from its recently completed 12 hole drilling campaign on the Monfurado gold deposit.
Colt Resources Inc. (TSXV:GTP) announced results for 6 diamond drillholes from its recently completed 12 hole drilling campaign on the Monfurado gold deposit.
As quoted in the press release:
All drill holes have intersected gold-bearing rocks, varying in lithology from felsic metavolcanics to carbonate and calcsilicate rocks.
Colt’s President and CEO, Nikolas Perrault, said:
The 12 hole drilling program at Monfurado has been designed to increase our understanding of this near surface deposit within the Montemor exploration concession. We have now completed the program and are pleased to see that every drillhole hit the mineralized zone that had been intersected in trenches and projected to extend to depth. We have now commenced data review in anticipation of an expanded drilling campaign to test for depth and strike extensions of this mineralized zone.