Teras Resources Announces Positive Geochemical Sample Results at the Cahuilla Gold/Silver Project
Teras Resources Inc. (TSXV:TRA,OTCQX:TRARF) announced results from its ongoing geochemical sampling program at the Cahuilla project in Imperial County, California.
As quoted in the press release:
Of the 65 surface geochemical samples collected, 13 assayed greater than 1.0 g/t gold with a high of 4.4 g/t. Many of the historic exploration holes (green) drilled in the west target were strongly anomalous in precious metal mineralization, however these reverse circulation angle holes were drilled to relatively shallow depths and tested only a very small portion of this highly complex and prospective structural target. The geochemical sample program is planned to continue in the far southwestern project area as shown above in the near future.
Teras Resources President and CEO Peter Leger said:
We are very pleased with the continued success of our ongoing geochemical sampling program. The new samples collected in this western dilatant zone reported strongly anomalous to ore grade precious metal mineralization which defines yet another high priority exploration target and compliments our recently discovered, extensive northeast target. The potential for significantly increasing precious metal resources at Cahuilla continues to be considerably enhanced as we continue our development/exploration efforts for the purpose of creating value for our shareholders.
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