StrataGold (SGV-T, SAGDF-O) and 50% joint-venture partner, Newmont Overseas Exploration, received some encouraging results from 2,000 metres of drilling plus trench work on the BRL Venture, about 26 km southwest of Port Kaituma, in northwestern Guyana.
Trenching and drilling were carried out on the Purple Heart target along the Arakaka trend, where there are old open pits that have been mined since the early 1900s.
One 210-metre trench returned a 34-metre-long section with an average grade of nearly 3 grams gold per tonne, including 17 metres grading 4.8 grams gold.
In zone 2 of that same trench, there was a 27-metre section grading 3.1 grams gold, including 12 me-tres grading 4.8 grams gold.
The Purple Heart target is characterized by deformation with disseminated gold mineralization in alteration zones with associated multidirectional quartz veining sulphides. According to the company, these zones are located within an altered igneous unit with abundant quartz veins.
Diamond drilling was also carried out at the Purple Heart target.
One 13.5-metre intersection graded 7.4 grams gold per tonne, including 4 metres of 11.4 grams gold.
Another 3.4-metre intercept assayed 17.4 grams gold.
Trenching at the Aviao target, which is close to the Monosse base camp, also showed noteworthy gold mineralization. However, diamond drilling did not confirm the trench samples.
A 140-metre trench returned 16 metres grading 2.2 grams gold per tonne, including 3 metres of 8.4 grams gold, while another 147-metre trench returned a 66-metre section grading 0.61 gram gold.
The company also did some trenching in the Gomes area, about 2 km west of Aviao, but only said the results were encouraging enough to require further exploration. The trenches were placed to follow gold anomalies identified in soils and have provided further insight into the underlying geology and controls within the target area.
Newmont Overseas is a subsidiary of Newmont Mining (NMCT, NEM-N). StrataGold and Newmont Overseas formed their joint venture in 2005.
Be the first to comment on "StrataGold Sees Solid Results In Drilling At Purple Heart"