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Cosigo Resources Intercepts High Grade Gold-Bearing Starta at Machado

Written by Investing News Network
|
Jan. 27, 2014 11:36AM PST

Cosigo Resources Ltd. (TSXV:CSG) received assay results from fifteen reverse-circulation drill holes on its Machado project in Colombia. Highlights include 17.19 g/t Au over 3.04m from 68.58m down hole depth in drill hole13MR007, which ended in mineralization.

Cosigo Resources Ltd. (TSXV:CSG) received assay results from fifteen reverse-circulation drill holes on its Machado project in Colombia. Highlights include 17.19 g/t Au over 3.04m from 68.58m down hole depth in drill hole13MR007, which ended in mineralization.

As quoted in the press release:

Highlight intercepts include:

  • 17.19 g/t Au over 3.04m from 68.58m down hole depth in drill hole13MR007, which ended in mineralization
  • 2.53 g/t Au over 13.72m from 9.14m down hole depth in drill hole13MR018, which successfully intersected metasedimentary strata historically targeted by artisanal gold producers
  • 8.32 g/t Au over 1.52m from 44.19m down hole depth in drill hole 13MR011

Cosigo Resources Ltd. President and CEO, Dennis Milburn, said:

Machado is a 35 km long ridge and part of a district-scale metasedimentary system. We are very encouraged by the results to date, which indicate that the Machado property is underlain by several zones of stratabound gold mineralization.

Click here to read the Cosigo Resources Ltd. (TSXV:CSG) press release
Click here to see the Cosigo Resources Ltd. (TSXV:CSG) profile

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