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Pershing Gold Completes Phase 1 Drilling Program at Relief Canyon
Nov. 17, 2016 08:31AM PST
Gold Investing
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.
Click here to read the full press release.