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St Andrew Goldfields Ltd. (TSX:SAS,OTCQX:STADF) released an exploration update that includes assay results from both its deep surface drill program and 1,055-meter underground program.
St Andrew Goldfields Ltd. (TSX:SAS,OTCQX:STADF) released an exploration update that includes assay results from both its deep surface drill program and 1,055-meter underground program. They targeted Zone 4 and the South Zone at the company’s Holt mine.
Drill highlights include:
- WE14-002: 5.09 g/t Au over 18.0 metres including 8.25 g/t Au over 7.8 metres
- ME 98-05C: 4.02 g/t Au over 37.3 metres including 7.64 g/t Au over 11.3 metres (wedge)
- 1055-155: 21.37 g/t Au over 21.7 metres (18.71 g/t Au cut) (underground)
- 1055-159: 20.78 g/t Au over 10.9 metres (16.89 g/t Au cut) (underground)
Duncan Middlemiss, president and CEO of St Andrew, commented:
These recent drill results immediately to the west of the Holt Mine are very significant. Not only do they provide the potential to increase the Holt Mine resources, but the proximity of these mineralized intercepts to the existing underground infrastructure at Holt bodes very well for the longevity of the Holt asset. We are very excited about the potential of this new zone and look forward to providing further updates of the drilling program throughout 2015.
Click here to read the full St Andrew Goldfields Ltd. (TSX:SAS,OTCQX:STADF) press release.