NEWS ROUNDUP — KRL-SEG venture hits gold on Decker

Vancouver-listed KRL Resources has drilled five holes on the Decker option in the Shining Tree area of northeastern Ontario.

The first hole intersected 0.47 oz. gold per ton over 7.5 ft. and 0.047 oz. over 10.2 ft. The third, fourth and fifth holes were drilled to test magnetic and electromagnetic anomalies.

The best value obtained was 3.156 oz. over 3.3 ft.

All intersections were hosted in a green carbonate schist with fuchsite, quartz and minor pyrite mineralization.

SEG Exploration (ME) is earning a 75% interest by funding the program.

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