GREY:CRXEF - Post Discussion
Post by
santi69 on Mar 13, 2013 9:16am
NEWS today!
Creso Announces 1.50 g/t Gold Over 80.9 Metres, Including 2.82 g/t Gold Over 34.5 Metres, From Metallic Screen Assays on the Duggan Gold Deposit
MONTREAL, QUEBEC--(Marketwire - March 13, 2013) - Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE:CXT)(OTCQX:CRXEF)(FRANKFURT:C3X) is pleased to announce the results from metallic screen assays on the Duggan gold property located in the Shining Tree area of northeastern Ontario.
A total of 177 core sample rejects from hole CD13-03 were re-analysed using metallic screen assay methods. Initial assays were previously reported based on a 30g fire assay (see February 14th, 2013 news release) and returned values of 2.20 g/t Au over 34.5 metres. Results have increased using the metallic screen method and auriferous intervals are now of 1.50 g/t Au over 80.9 metres, including 2.82 g/t Au over 34.5 metres, due to a gold nugget effect. Metallic screen assays are a more accurate measure of the gold grade of a sample.
Interpretation of all available exploration work on the Duggan deposit show a north-northwest trending auriferous zone which steeply dips to the west with a strike length of over 600 meters, a true width up to 85 meters and down to 250 meters in depth.
The following tables provide selected drill intersections. See the remainder at:
https://www.marketwire.com/press-release/creso-announces-150-g-t-gold-over-809-metres-including-282-g-t-gold-over-345-metres-tsx-venture-cxt-1767538.htm
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