Gold

Ecometals Limited(CVE:EC) announced preliminary results of a new discovery of Au-mineralized veins on the west side of the property, and plans for continued exploration on the Rio Zarza Gold Project including trenching, geophysics, and shallow diamond drilling.

Ecometals Limited(TSXV:EC) announced preliminary results of a new discovery of Au-mineralized veins on the west side of the property, and plans for continued exploration on the Rio Zarza Gold Project including trenching, geophysics, and shallow diamond drilling.

The press release is quoted as saying:

Highlights of 2010 Exploration Campaign thus far: Completed 4700m deep diamond drilling programme in volcano-sedimentary basin on east side of the project, Clear geological evidence of hydrothermal mineralization analogous to the Kinross Fruta del Norte deposit, Discovery of Au-mineralised polymetallic veins in the western part of the tenements confirms gold is present on the property, A number of priority geophysics and geochemical targets remain untested, including deep targets in the basin and shallow targets hosted by the Zamora Batholith granodiorite.

Click here to access the entire press release

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