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Edgewater Exploration Announce 2011 Drill Results from the Enchi Gold Project

Written by Investing News Network
|
Jan. 24, 2012 08:55AM PST

Edgewater Exploration Ltd.(TSXV:EDW) reported drill results of 1.14g/t Gold over 68 metres at the Enchi project. The Company also announced the initial drill results from its Kojina Hill project, Edgewater believe that the project has the potential to define a new gold resource.

Edgewater Exploration Ltd.(TSXV:EDW) reported drill results of 1.14g/t Gold over 68 metres at the Enchi project. The Company also announced the initial drill results from its Kojina Hill project, Edgewater believe that the project has the potential to define a new gold resource.

Highlights include:

1.14 g/t gold over 68 metres (KJRC003), and 1.04 g/t gold over 10 metres (KJRC001) from the Konjina Hill prospect, and 0.71 g/t over 20 metres, including 2.18 g/t over 4 metres (KKRC006) from the Kwakyekrom target.

Edgewater, President and CEO, George Salamis, said:

Edgewater’s first major drill intercepts reported from Kojina Hill are extremely encouraging. These latest results are from areas that were previously untested or only sparsely tested by shallow drilling, and demonstrate the excellent gold potential of the project. At Kojina Hill one of our first 3 holes, KJRC003 drilled on the northeast fringe of the zone, produced the best intercept to date at Kojina highlighting a gold mineralized zone with an apparent width of almost 80 metres. Our 2012 drill program will recommence shortly, following up on these prospects and other high priority targets. There are several opportunities for expansion on known gold zones and new gold discoveries on three different trends within the boundaries of the 568 square kilometre Enchi Project.

Click here to read the Edgewater Exploration Ltd. (TSXV:EDW) press release


Click here to see the Edgewater Exploration Ltd. (TSXV:EDW) profile.

drill results tsxv:edw
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