• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Gold Market
Gold News
Gold Stocks
Gold Price
  • Gold Market
  • Gold News
  • Gold Stocks
  • Gold Price

Edgewater Intersects Broad Zones of Gold Mineralisation Including 0.53 g/t Gold Over 81.0 Metres at Enchi Gold Project

Written by Investing News Network
|
Nov. 28, 2011 08:37AM PST

Edgewater Exploration Ltd. (TSXV:EDW,OTCQX:EDWZF) announced results from the ongoing drilling programme at the Company’s, Enchi Gold Project (“Enchi or the Project”) in Ghana.

Edgewater Exploration Ltd. (TSXV:EDW,OTCQX:EDWZF) announced results from the ongoing drilling programme at the Company’s, Enchi Gold Project (“Enchi or the Project”) in Ghana.

As quoted in the press release:

Phase I drilling at the Boin, Sewum and Nyam projects have been completed and confirmed the continuity of mineralization between previous drill holes. Phase II drilling has commenced at Boin and Nyam and is focused on increasing the size of the known gold zones by testing the mineralized zones at depth and along strike. Highlights from the Phase I drilling at Sewum gold zone include: 0.53 g/t gold over 81.0 metres, including 1.15 g/t gold over 9.0 metres (SWDDH051), 0.67 g/t gold over 32 metres, including 1.10 g/t gold over 8.0 metres (SWDDH061) and 0.65 g/t gold over 27.0 metres, including 2.05 g/t gold over 8.0 metres (SWDDH062).

Edgewater President and CEO, George Salamis, stated:

“Phase I diamond drilling at the Sewum zone continues to define broad zones of near surface low grade gold mineralization which correlate with an intrusive contact that has been traced for more than 6.0 km of cumulative strike length and remains open for expansion in all directions. A 5.0 km2 gold-in-soil anomaly overlaps the Sewum zone of which less than half has been drill tested and only at very shallow depths. We now have a very good interpretation of the different gold zones at Enchi and our Phase II drilling is currently concentrating on defining gold zone extension continuity both along strike and down dip. We are on track to produce our maiden Enchi gold resource in Q1, 2011.”

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


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

tsxv:edw otcqx:edwzf
The Conversation (0)

Go Deeper

AI Powered

Grizzly 2011 Drilling and Exploration Updates

Monthly Stock Catalysts

Latest News

Outlook Reports world

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
  • Energy
    • Uranium
    • Oil and Gas
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Industrial Metals
  • Agriculture
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Gaming
    • Cleantech
    • Emerging Tech
Life Science
    • Biotech
    • Cannabis
    • Psychedelics
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES