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    Strait Gold’s Updates on Alicia Project

    Investing News Network
    Nov. 15, 2010 12:36PM PST
    Gold Investing

    Strait Gold Corporation (CVE:SRD) reports assay results from the first two holes of an initial drill program at its Alicia Project in southern Peru.

    Strait Gold Corporation (TSXV:SRD) reports assay results from the first two holes of an initial drill program at its Alicia Project in southern Peru.

    The press release is quoted as saying:

    The Company is conducting a 1,200-metre drill campaign as the second phase of an exploration program that began in June, 2010. Results from Phase 1 indicated geophysical anomalies associated with surface skarn zones. Surface sampling of more than nine skarn zones at Alicia indicated elevated copper, gold and silver values with a range of 0.03-13.05% copper, 0.005-3.55 g/t gold and 0.3-100.0 g/t silver (see news releases of July 7, 2010 ,and September 22, 2010). The current drill program is testing several of these skarn zones and associated geophysical anomalies.

    Click here to access the entire press release

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