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Rio Novo Drilling Confirms Gold-Palladium-Platinum Potential

Investing News Network
Jan. 26, 2011 11:52AM PST
Precious Metals Investing

INV Metals (TSE:INV) announced results from drilling on its’ Rio Novo North claim

INV Metals (TSX:INV) announced results from drilling on its’ Rio Novo North claim.

The press release is quoted as saying:

INV Metals Inc.is pleased to announce that it has intersected highly anomalous precious metal values in both auger and diamond drilling on its Rio Novo North claim, located in the prolific Carajás district of Brazil.

Mr. Robert Bell, CEO of INV, said:

“The Rio Novo property is contiguous to the historic Serra Pelada mine currently being developed by Colossus Minerals Inc. and the encouraging results of the 2010 auger and diamond drill programs corroborate the potential for the Rio Novo North property to host the possible strike extension of the Serra Pelada high grade platinum- palladium-gold mineralization. To further test the potential of Rio Novo North, the Company has planned an additional 3,000 metre diamond drill program to commence in April or May, immediately after the rainy season.”

 To access the full release, click here

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