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Reservoir Discovers Gold Mineralization at Konjsko Concession
Reservoir Minerals Inc. (TSXV:RMC) announced initial results from gold exploration at its Macedonia-based Konjsko concession. Additionally, the company said it has made a successful bid for the Dvoriste copper-gold concession, also in Macedonia.
Reservoir Minerals Inc. (TSXV:RMC) announced initial results from gold exploration at its Macedonia-based Konjsko concession. Additionally, the company said it has made a successful bid for the Dvoriste copper-gold concession, also in Macedonia.
Highlights include:
- Systematic channel sampling on the ‘road cut’ locality in the Konjsko Concession yielded an average grade of 2.00 grams per tonne (g/t) gold along a 19 metres profile of continuous outcrop.
- The Macedonian government granted the Company a 1.36 square kilometres extension, covering the trend of gold mineralization, to the Konjsko Concession.
- The Macedonian government has awarded the Company the 25.4 square kilometre Dvoriste Mineral Exploration Concession, which has good exploration potential for porphyry copper-gold mineralization,
Dr. Simon Ingram, president and CEO of Reservoir, commented:
The discovery of significant gold mineralization in the Konjsko Concession, Macedonia, is an encouraging result from our continuing project generation activities in the region. The Company is pleased to be working in Macedonia, where we have established a significant presence in the active exploration and mining community and received positive encouragement from the government and its agencies. We look forward to continuing Reservoir’s success in the new Dvoriste Concession where we can apply our skills at exploration for porphyry copper-gold mineralization.
Click here to read the full Reservoir Minerals Inc. (TSXV:RMC) press release.
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