Komet Resources Reports High-Grade Drill Results Including 42.2 G/t Gold

Komet Resources (TSXV:KMT) reported initial results from a drill campaign at its Guiro mine. Highlights included high-grade drill results including 42.2 grams per tonne of gold over 0.59 meters and 31.1 grams per tonne of gold over 1.35 meters.
As quoted in the press release:

Following the core drilling program that took place from May to July 2015, the Guiro auriferous vein is now supported on more than 700m of strike length and 150m of vertical depth. It remains open in westward direction, at depth under the former operation underground galleries as well as in depth in eastward direction. The state of this vein is typical of the vein deposits of greenstone belts with its long ovoid mineral masses. The new areas encountered out of the former mine workings perform similar to the previously operated mines. The existing mining section covers approximately 300m wide and is 125m deep, the lateral extension is supported by a pattern drilling of 25x50m over 250m long and 50x100m over 150m long.

Komet president and CEO, André Gagné, said:

The intersection of mineralization on 700m long, more than twice the length historically recognized is very stimulating. The program enhanced our comprehension of the vein geometry and we are very optimistic with the potential to double or triple in depth.

Click here for the full press release.