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Terraco Gold Corp. (CVE:TEN) reports assay results from the first two diamond drill core holes completed at its Almaden project, Washington County, Idaho.
The press release is quoted as saying:
Drill highlights include:
- Hole TAL-751C intersected 53.3 m (“metres”) averaging 1.083 gpt (“grams per tonne”) gold (175 feet averaging 0.032 opt (“Troy ounces per short ton”) gold). This intercept includes the following:
– 27.4 m averaging 1.595 gpt gold (90 ft of 0.047 opt gold); and
– 12.2 m averaging 2.225 gpt gold (40 ft of 0.065 opt gold).
- Hole TAL-752C intersected 85.4 m averaging 0.840 gpt gold (280 ft @ 0.025 opt gold).
- Additional gold mineralization deeper in Hole TAL-752C of 7.6 m averaging 0.513 gpt gold (25 ft averaging 0.015 opt gold), from 160.0 to 167.6 m (525 to 550 feet deep) supports management’s concept of opportunity at depth.
Terraco’s President & CEO, Todd Hilditch says:
“We are very happy with the widths and near surface gold results in the first two core holes drilled at Almaden. Not only are we seeing better average gold grades than the current NI43-101 compliant resource but we are seeing deeper zones of anomalous gold mineralization beneath the defined resource by drilling much further than previous operators. Terraco is testing to depths (to 600 m or 200 feet) that have never been drilled before in an effort to identify potential feeders.”
Click here to access the entire news release.
Click here to access Terraco’s company profile.(TSXV:TEN)