Pershing Gold Completes Phase 1 Drilling Program at Relief Canyon
Pershing Gold (TSX:PGLC) has announced the completion of Phase 1 of its 2016 drilling program at its Relief Canyon mine. As quoted in the press release: The Program included drilling to further offset RC16-462, previously reported. Results are reported in feet (“ft”) and meters (“m”), and in grams per tonne (“gpt”) and ounces per ton …
Pershing Gold (TSX:PGLC) has announced the completion of Phase 1 of its 2016 drilling program at its Relief Canyon mine.
As quoted in the press release:
The Program included drilling to further offset RC16-462, previously reported. Results are reported in feet (“ft”) and meters (“m”), and in grams per tonne (“gpt”) and ounces per ton (“oz/ton”) of gold (“Au”) or silver (“Ag”).
“Phase 1 of our 2016 Drilling Program has successfully extended to the west the high-grade mineralization at Relief Canyon,” stated Stephen D. Alfers, Pershing Gold’s Chairman, President and CEO. “These additional offsets to RC16-462, along with recently reported RC16-473 and RC16-475, further extend the high-grade zone discovered in the North Target Area in 2015,” explained Alfers. “The 25.1 gpt (0.733 oz/ton) Au intercept in RC16-487 and the 8.887 gpt (0.260 oz/ton) Au intercept in RC16-489 indicate strong potential for future growth of the deposit, which the Company plans to explore in Phase 1a of the Drilling Program,” stated Alfers.