Oceangold announces exploration results from Reefton Goldfield

OceanaGold Corporation (TSX:OGC) announces exploration results from the Reefton Goldfield in the West Coast region of the South Island of New Zealand.

The press release is quoted as saying:

The “Globe Deeps” drilling program has successfully tested the Globe Progress shear beneath the current pit limits with significant mineralisation intersected up to 250m down plunge from the base of the current pit design (including RCD0008 17.8 metres @ 4.59g/t Au and RCD0110: 17.0 metres @ 3.17g/t Au). At the Souvenir deposit, an infill and extension drill program was completed with significant mineralised intercepts (including RRC0088: 17.3 metres @ 11.98g/t Au and RRC0117: 13.2 metres @ 5.50g/t Au). This confirmed further down-dip continuation of mineralisation. An expanded pit shell and reserve is anticipated by year end.

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