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Luna Gold Corp. (TSXV:LGC) reported positive drill results from the deep drill extension program at Piaba, Aurizona, including 25.10 g/t of gold over 1.50 metres.
Luna Gold Corp. (TSXV:LGC) reported positive drill results from the deep drill extension program at Piaba, Aurizona, including 25.10 g/t of gold over 1.50 metres.
As quoted in the press release:
Significant intercepts:
- 26.00 metres @ 1.94 g/t Au including 2.00 metres @ 5.74 g/t Au and 2.00 meters @ 6.09 g/t Au in BRAZD438 (Section 0400E)
- 13.00 metres @ 4.89 g/t Au including 1.50 meters @ 25.10 g/t Au and 0.50 meters @ 10.45 g/t Au in BRAZD436 (Section 0100W)
John Blake, Luna Gold’s President and CEO commented:
The initial deep drill program has produced very encouraging results extending the Piaba orebody to depths of over 600 metres vertical depth. The Piaba remains open along a 3.3 kilometre strike and at depth. All holes intersected down-dip extensions to the main deposit. The results from these six widely spaced exploration holes consolidate Piaba as a major mineralizing system. Several holes intersected high-grade mineralization confirming our deposit model and future programs will focus on vectoring towards higher grade potential underground targets. The results further demonstrate the major resource expansion potential of Aurizona which currently contains Measured and Indicated gold resources totaling 78.0 Mt at 1.26 g/t Au or 3.17 million ounces gold and Inferred gold resources totaling 15.2 Mt at 1.47 g/t Au or 0.72 million ounces gold.
Click here to read the full press release.
