Threegold Resources Inc.(TSXV:THG) announced that it has acquired a new gold project. The Marcotte gold project is located 45 kilometres northeast of the Company’s Val-d’Or project. Threegold also reported that it has completed a heliborne magnetic and time domain electromagnetic survey at six of its properties.

As quoted in the press release:

The MAG-TDEM surveys conducted over the Company’s properties in the Abitibi region (Standard Gold, Rousseau West, Rousseau East, Charlemagne and Marcotte projects), are aimed to produce new high resolution, highly accurate data from surface to a depth depending of the bulk conductivity of subsurface rocks and their contained fluids, and were designed to identify conductive structures with potential gold mineralization of quartz-carbonate type and associated within shear zones or porphyry systems.

Threegold Resources Inc., President and CEO, Victor Goncalves, said:

We are pleased and very excited about the fact that preliminary TDEM results have identified a number of significant anomalies that deserve further investigation in underexplored areas and in order to confirm the extension of high grade gold of already known and developed gold occurrences such as that now recognized on Standard Gold.

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