Alacer drills 26.5m at 7.9g/t Au February 24, 2014, Toronto: Alacer Gold Corp. ("Alacer" or the "Company") [TSX: ASR and ASX: AQG] announces results from the Company's 2013 exploration program in Turkey. Below are highlights from the 2013 drilling exploration program. Results are from two areas in the Çöpler District (Bayramdere and Yakuplu) and first results from a new project in western Turkey (Dursunbey). To view the complete drill assay results and further technical information relating to this news release, please click hereor visit the Company's website at
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HIGHLIGHTS
- Drill results from Bayramdere in the Çöpler District:
- BDRD-001: 13m at 3.7g/t Au from 33m
- BDRC-006: 8m at 4.5g/t Au from 29m
- BDRC-014: 6m at 4.1g/t Au from 35m
- BDRC-015: 5m at 4.6g/t Au from 27m
- Drill results from Yakuplu in the Çöpler District:
- YRC-025: 20m at 1.3g/t Au and 0.22% Cu from 1m
- YRC-026: 36m at 1.3g/t Au and 0.47% Cu from 5m
- YRC-027: 37m at 0.8g/t Au and 0.20% Cu from 5m
- YRC-028: 35m at 0.9g/t Au and 0.63% Cu from surface
- Drill results from Dursunbey in western Turkey:
- DRD-002:26.5m at 7.9g/t Au and 77g/t Ag from surface
- DRD-006: 12.0m at 11.7g/t Au and 190g/t Ag from 21m
- DRD-015: 20.6m at 10.8g/t Au and 131g/t Ag from 19m
- DRD-017: 8.4m at 10.8g/t Au and 241g/t Ag from 28m
- DRD-023: 16.3m at 10.3g/t Au and 274g/t Ag from 10m
Rod Antal, CEO of Alacer, stated "The strong results from our 2013 exploration program build on the considerable target definition activities from previous years and demonstrate our ability now to leverage the significant geological understanding of Turkey that we have built over the years. Our 2014 exploration strategy is focused on converting this geological knowledge into assets that will yield additional production ounces for the Çöpler Gold Mine and new producing mines. The highest priority targets will be in the Çöpler District, with drilling aimed at delineating supplementary ore for the Çöpler Gold Mine. At the same time, the early exploration results from Dursunbey are highly encouraging and hold the potential to add future value , in keeping with our strategy to become a significant, multi-mine producer in Turkey."
To view the press release in its entirety, please click on the following link:
https://www.alacergold.com/wp-content/uploads/2014/02/2014-02-24-Exploration-Update-FINAL.pdf