GREY:CRXEF - Post Discussion
Post by
gvrinten on Jan 31, 2012 12:53pm
Creso Announces 3.04 g/t Au Over 15.7m
Creso Announces 3.04 g/t Au Over 15.7m Intersection Starting at 27.5m From Results of Tyranite Diamond Drill Program (ccnm)
MONTREAL, QUEBEC--(Marketwire - Jan. 31, 2012) - Creso Exploration Inc. ("Creso" or the "Company") (TSX VENTURE:CXT)(OTCQX:CRXEF)(FRANKFURT:C3X) is pleased to announce assay results from the diamond drill program conducted on its 100% owned Tyranite Gold property in the Shining Tree district, Ontario. Hole TY11-04 intersected 15.7m of 3.04 g/t Au at a depth of only 27.5 metres confirming the near surface mineralization and open pit potential. Also highlighted from the results is the intersection in hole TY11-12 of 1.68 g/t Au over 39.9m from 222.9 to 262.8m, including the intercept 3.99 g/t Au over 4.0m from 229.0 to 233.0m. The current drilling campaign along with historical drilling now confirms the mineralization over a strike length of 1200 metres in a North--South direction and to a depth of 550 metres. The mineralization remains open along the North--South strike and at depth. (Please refer to the attached North-South section in Figure 1).
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