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Novus Gold Corp.: Wide Gold Zone Intersected in REN Drilling
Sep. 22, 2010 01:10AM PST
Gold InvestingNovus Gold Corp. (CVE:NOV) announced assay results for three recently completed drill holes on the Grizzly gold occurrence within its 100% owned REN property, Point Lake, Northwest Territories.
Novus Gold Corp. (TSXV:NOV) announced assay results for three recently completed drill holes on the Grizzly gold occurrence within its 100% owned REN property, Point Lake, Northwest Territories.
The press release is quoted as saying:
Results further substantiate significant gold associated with amphibolite iron formation and demonstrate the discovery of both high- and low-grade gold associated within metasediments that are not in direct association with amphibolite iron formation. These results, combined with previously reported data, are considered to clearly demonstrate that the REN gold property is underexplored and has the potential to host high tonnage, low grade, economic gold deposits.
Click here to access the entire press release