Denver — Partners
Two more holes in an ongoing 20-hole program of reverse-circulation (RC) work have hit significant mineralization.
Hole CRC-4, collared 100 metres north and 200 metres south of previous core holes, encountered 68 metres grading 2 grams gold per tonne, starting at a depth of 44 metres. Included in the interval are 36 metres of 3.2 grams gold, starting at a depth of 59 metres.
Situated less than 80 metres south of a previous core hole, hole CRC-5 intersected 128 metres of 2.25 grams gold, consisting of two zones of mineralization separated by 20 metres grading 0.2 gram. The first 28 metres of the hole ran 2.3 grams gold, including 10 metres grading 4.8 grams.
The second zone, starting at a depth of 48 metres, measures 100 metres and averaged 2.25 grams gold per tonne. Within the interval were 21 metres grading 6.4 grams, starting at a depth of 48 metres.
Holes 2 and 3 appear to define the western edge of the deposit and have returned only anomalous results. Copper and silver assays are pending for holes 4 and 5.
In all, the partners have completed 14 RC holes, most of which are infill or short stepouts to the first round of core drilling. Previously, Anatolia reported 6.9 grams gold and 17.7 grams silver per tonne over 35.7 metres in the first RC hole. The hole never fully tested the mineralized zone, having stopped at a depth of 50.7 metres when the drill rods got stuck.
After completing the first phase of the RC drilling, the partners returned to hole CRC-1 and redrilled the hole to a depth of 130 metres. Assays are pending. Meanwhile, further drilling is testing an area northeast of the known mineralization.
Rio Tinto is earning a 70% interest in the property by spending US$10.5 million on exploration and making payments of US$1.5 million. As part of a 4-year agreement with Anatolia, Rio Tinto is also interested in the Uckapili gold project and the Kabatas copper prospect.
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