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Drill Results At Expand Gold Mineralization Batero’s La Cumbre

Written by Investing News Network
|
Sep. 13, 2012 06:29AM PST

Batero Gold Corp. (TSX:BAT) reported the initial drill results from the development drill program at the La Cumbre deposit on the Batero-Quinchia project in Colombia, outlining assays grades greater than 1.0 g/t of gold.

Batero Gold Corp. (TSX:BAT) reported the initial drill results from the development drill program at the La Cumbre deposit on the Batero-Quinchia project in Colombia, outlining assays grades greater than 1.0 g/t of gold.

As quoted in the press release:

Drill Highlights:

  • Drill Hole LC036: from 3.40 metres to 100.00 metres (end of hole) grading 1.14 g/t gold and 2.37 g/t silver
  • Drill Hole LC037: from 2.60 metres to 100.00 metres (end of hole) grading 1.00 g/t gold and 1.87 g/t silver
  • Drill Hole LC039: from 3.15 metres to 170.00 metres (end of hole) grading 0.91 g/t gold and 2.17 g/t silver

Mr. Brandon Rook, President and CEO of Batero, commented:

We are pleased that multiple drill holes indicate an expansion of the 1+ g/t gold core that occurs within large, continuous zones of near and at surface oxide gold mineralization. Hole LC036 has an average grade of over 1.00 g/t gold with significant intercepts averaging between 1.30 g/t gold and 1.45 g/t gold. In addition, other drill holes reported have encountered higher grade structurally controlled zones averaging over 2.00 g/t gold. Today, there is a surface expression that the Company is targeting as a potential leachable production scenario that is approximately 600 metres long by 200 metres wide and up to 200 metres deep. These recent drill results have the potential to enhance our evaluation of the optimum production scenario at La Cumbre.

Click here to read the full press release.

batero gold drill results
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