High Grades Intersected at South Bay Gold Project

Threegold Resources Inc (TSXV:THG) intersected 1.01 g/t Au over 8.3 metres (from 34.9m to 43.2m), including sections grading at 2.10 g/t Au over 3.4 metres and 6.43 g/t over 0.5 metre on its phase 2 diamond drilling program at the South Bay gold project in the Abitibi Greenstone Belt. Results for gold reveal the South Bay Property as very prospective gold project and the Main Zone as a promising gold mineralized system.

As quoted in the press release:

The 2011 phase 2 diamond drill program, totalling 1819 metres in eighteen (18) holes, was designed to test the extensions along strike over more than 250 m, laterally and at depth of the Main Zone (North) defined by the Nord 1 and Nord 2. The best intercepts, in core length, are summarized as follows :

Main Zone (North) including Nord 1 and Nord 2 showings

• Hole SB-11-01 : 1.01 g/t Au over 8.3 metres (from 34.9m to 43.2m), including sections grading at 2.10 g/t Au over 3.4 metres and 6,43 g/t over 0.5 metre;
• Hole SB-11-06 : 0.56 g/t Au over 1.0 metres (from 20.7m to 21.7m) and 1.33 g/t Au over 4.9 metres (from 72.3m to 77.2m);
• Hole SB-11-02 : 0.82 g/t Au over 5.0 metres (from 34.0m to 39.0m), including a section grading at 1.79 g/t Au over 2.0 metres;
• Hole SB-11-03 : 0.87 g/t Au over 3.0 metres (from 55.5m to 58.5m), including a section grading at 1.26 g/t Au over 2.0 metres;
• Hole SB-11-08 : 0.97 g/t Au over 1.0 metres (from 34.0m to 35.0m), including a section grading at 1.12 g/t Au over 0.5 metre; and 0.5 g/t Au over 3.2 metres (from 42.0m to 45.2m);
• Hole SB-11-10 : 0.66 g/t Au over 4.0 metres (from 23.0m to 27.0m), including a section grading at 1.09 g/t Au over 1.0 metre; and 1.14 g/t Au over 0.6 metre (from 38.0m to 38.6m);

Click here to read the Threegold Resources Inc (TSXV:THG) press release