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RCG Announces Updated Resource Estimates at the Forest Hill and Tangier Properties, Nova Scotia
Apr. 26, 2017 09:08AM PST
Precious MetalsResource Capital Gold Corp., (TSXV: RCG) (“RCG” or the “Company”) is pleased to report the results of updated resource estimates on its Forest Hill and Tangier properties in Nova Scotia, Canada. As quoted in the press release: “We are excited about the new resource results from these properties, which both show considerable upside for expanding …
Resource Capital Gold Corp., (TSXV: RCG) (“RCG” or the “Company”) is pleased to report the results of updated resource estimates on its Forest Hill and Tangier properties in Nova Scotia, Canada.
As quoted in the press release:
“We are excited about the new resource results from these properties, which both show considerable upside for expanding the current resources,” said CEO George Young. “In particular, the new resource estimate at Tangier was done on only 500 meters of the 3,400-meter-long system of identified gold-bearing quartz veins on the property, leaving tremendous upside for the project. At Forest Hill the mineralization has been drilled only to a depth of 300 meters and is open below this depth along the entire 2,300-m drilled strike length of mineralization. We believe that with further work we can substantially increase the overall resource estimates on both projects.”
