San Gold Corporation Confirms Strong Vertical Continuity of the 007 Gold Mineralization Structures to Depth at Rice Lake

San Gold Corporation (TSX:SGR, OTCQX:SGRCF) announced drilling results from its Rice Lake Mining Complex in Manitoba.

As quoted in the press release:

Drill hole 613-13-039 also encountered 14.2 g/tonne Au (capped) over 4.2 metres in a new structure that is located immediately north of and parallel to the 710 lens of the 007 deposit. Drill hole 613-13-021 also intersected the new structure and returned 8.2 g/tonne Au over 3.7 metres. Both of these holes were designed to follow up on previous drilling related to drill hole 607-12-048 (released Nov 26, 2012) which returned 12.0 g/tonne Au over 6.0 metres in the 710 lens and 15.5 g/tonne Au over 11.1 metres in what is now considered to be the new structure.

San Gold’s President, COO and CEO, Ian Berzins, said:

We are extremely pleased with the initial results from this new drilling platform. The first stage of drilling has already identified vertical continuity of the 007 structures from surface as well as additional structures outside of the original geological model that are all within striking distance of our existing mining infrastructure.

To view the whole press release, click here.