Coronado drill results

Assay results have been received from the recent drill program on the Mon property of the Coronado Resources-Troymin Resources joint venture in the Northwest Territories.

Of the 12 holes put down by Coronado, No 87-20 returned 0.56 oz gold across 5.0 ft while 87-15 returned 0.47 oz across 1.0 ft, President G. Warnock reports. Check assays are being run and results of the program evaluated.

With its expenditure of $159,000, Coronado has completed its work commitment to earn a 50% interest in the property.

Coronado’s shares are listed on the vse, Troymin’s on the ase.