Gold intersected at Golden Hill project in Cuba

The latest drilling at the Golden Hill project in Cuba has yielded impressive results.

Hole GH-71, drilled vertically on the Little Golden Hill zone, intersected 27.25 metres of near-surface oxide material averaging 11.46 grams gold per tonne, including a 6.1-metre section of 49.25 grams gold per tonne.

Previously reported vertical diamond drill hole GH-15, 20 metres to the east, intersected 11.52 grams gold over 34.83 metres.

The Golden Hill project is operated by MacDonald Mines Exploration (ASE); it is funded both by Cuban state mining company GeoMinera and a company owned equally by MacDonald and Golden Hill Mining (CDN). Mill City Gold Mining (VSE) owns 40% of Golden Hill Mining.

MacDonald had reported earlier that Hole GH-64, drilled at the Three Hills zone, encountered 1 metre of 2.11 grams gold per tonne at the surface (in oxide material), followed by 102.2 metres of sulphide mineralization. The sulphide portion of the core included 31.8 metres averaging 0.94 gram gold and an 18.95-metre section averaging 0.56% copper.

Hole GH-61, drilled at the Big Golden Hill zone, yielded 12.35 metres of oxide averaging 0.95 gram gold, followed by 36.8 metres of sulphide, which included a section of 24.45 metres averaging 0.43 gram gold. Another hole from Big Golden Hill cut 7.5 metres of near-surface oxide averaging 0.74 gram gold.

Drilling and trenching are continuing on all four zones of the Golden Hill property.