Vancouver — Drilling by
Results are in hand for 13 more holes drilled to test the zone on 100-by-50-metre centres. Three of the holes failed to intersect significant mineralization, but the others returned encouraging results. The best returned a 63.15-metre intersection grading 5.8 grams gold per tonne, from 234.75 metres to 297.9 metres.
The other results include:
– 21.7 metres grading 1.6 grams gold per tonne, and 21 metres grading 2.7 grams;
– 8 metres of 7.4 grams;
– 42.9 metres of 3.4 grams;
– 39.4 metres of 5 grams;
– 14 metres of 1.1 grams;
– 22 metres of 2.3 grams;
– 17.25 metres of 2.2 grams;
– 2 metres of 1.1 grams;
– 8.2 metres of 1.8 gram; and
– 24.5 metres of 3.6 grams.
Southwestern holds a 90% interest in the Boka project, where gold mineralization is associated with quartz carbonate and sulphide stockworks/veins in black carbonaceous shales, sandstone and gabbro, in shallow dipping shear zones.
The company is also exploring for porphyry copper-gold deposits in southwestern Yunnan province under the terms of a joint venture with a unit of
Newmont and Southwestern are also partners at the Liam gold-silver property in Peru, and Southwestern holds a zinc project and a porphyry copper-gold project in that same country.
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