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Rye Patch Gold Corp. (TSXV:RPM,OTCQX:RPMGF) announced the results of the 2014 drilling campaign on its Nevada-based Wilco project, commenting that it was able to establish “a high-grade corridor within the Colado resource area which is open to the north, northwest, and southeast.”
Rye Patch Gold Corp. (TSXV:RPM,OTCQX:RPMGF) announced the results of the 2014 drilling campaign on its Nevada-based Wilco project, commenting that it was able to establish “a high-grade corridor within the Colado resource area which is open to the north, northwest, and southeast.”
Other highlights include:
- The continuity of high-grade gold in the Colado deposit extends 1,300 metres in a northwest direction and 500 metres in a northerly orientation with the two zones coalescing to the south making a ‘wishbone’ shape;
- A drillhole in Colado returned 22.9 metres grading 1.52 g/t Au;
- Drilling in the Gap target established continuity between the Section Line and the Colado resource areas including a high-grade intercept of 15.2 metres of 1.82 g/t Au; and
- At the Rhyolite target, drillholes returned 12.2 metres grading 1.76 g/t Au and 18.3 metres grading 1.41 g/g Au.
William C. Howald, president and CEO of Rye Patch, commented:
The Company is excited and pleased with the results of the Wilco drill program. The discovery of high-grade zones in the three target areas selected for drilling shows the property has additional upside potential and can continue to add value for our shareholders. The Company plans to follow up on these tremendous assay results and permitting is underway.
Click here to read the full Rye Patch Gold Corp. (TSXV:RPM,OTCQX:RPMGF) press release.