Ecometals Announces Assay Results for Hole RZDDH10-07 and RZDDH10-08, Rio Zarza Gold Project, Ecuador

Gold Investing

Ecometals Limited (CVE:EC) announced receipt of analytical results from drill hole RZDDH10-07 and RZDDH10-08 on the Rio Zarza gold project in Ecuador.

Ecometals Limited (TSXV:EC) announced receipt of analytical results from drill hole RZDDH10-07 and RZDDH10-08 on the Rio Zarza gold project in Ecuador.

The press release is quoted as saying:

The deep diamond drilling programme completed 8 holes to target depth for a total of 4700m, Anomalous Au intersections partly controlled by chrono-stratigraphic horizon at Suarez- Misahuallí unconformity suggest geochemical leakage from mineralized source towards the structural and depositional centre of the basin, Intersection of 1.245g/t Au over 2m composite sample in RZDDH10-08 at depth of 646m to 648m suggests deeper mineralized source possibly related to floor of basin, Other shallow targets to be investigated with small diamond drill rig, while deep-looking geophysics surveys to be undertaken to identify targets at basin floor and towards basin centre, Phase II of the deep diamond drilling to follow compilation of results to date, planned to restart January 2011 and Ecometals opinion is that the deep drilling programme to date has been a technical success and the results warrant continued drilling.

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