Diba drilling cuts more gold (July 11, 2006)

Further drilling at the Diba property in Mali by Etruscan Resources (EET-T) has indicated more gold mineralization.

The new drilling consisted of both rotary air-blast and auger drilling to shallow depths on the gold showings at Diba. Six rotary holes tested along the same section where earlier auger holes returned high-grade gold mineralization. The best result came from a 45-metre intersection that graded 2.2 grams gold per tonne; two other holes ran 1.2 grams per tonne over 52.5 metres and 1 gram per tonne over 42 metres.

Auger drilling on a new drill fence a little to the north of the first section returned a 13.5-metre intersection grading 8.8 grams gold per tonne, another of 18 metres grading 6.7 grams per tonne, and a third grading 3.7 grams over 18 metres.

Etruscan geologists believe the gold is in disseminations in the sedimentary host rocks, rather than in veins.