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Confederation Minerals Announces Bonanza Grade Drill Results At Newman-Todd

Investing News Network
Jul. 31, 2012 01:33PM PST
Gold Investing

Confederation Minerals Ltd. (TSXV:CFM) reported bonanza grade drill results from the Newman-Todd property at Led Rake, Ontario.

Confederation Minerals Ltd. (TSXV:CFM) reported bonanza grade drill results from the Newman-Todd property at Led Rake, Ontario.

As quoted in the press  release:

Summary of Results for hole NT-114:

  • 4.0 metres of 8.43 g/t gold including 1.0 metre of 19.0 g/t gold
  • 31.0 metres of 12.61 g/t gold including 13.0 metres of 3.36 g/t gold and 0.50 metre of 23.0 g/t gold and including 0.50 metre of 681.0 g/t gold.

Brian Bapty, President of Confederation, commented:

We are planning to test the depth extent of these mineralized zones beyond 500m. To have such a significant intersection early in the program, and at only 250 m below surface, is very encouraging.

Click here to read the full press release.

 

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