Canavieiras - Excellent gradesHighlights include:
Target Reefs below old workings
- CAN-37 intersected 2.71 grams gold per tonne (g Au/t) over a true width of 22.2m including 4.51 g Au/t over a true width of 9.8m at the top of the reef and 4.41 g Au/t over a true width of 3.2m at the base;
- CAN-47 intersected 2.85 g Au/t over 27.5m true width including 4.63 g Au/t over a true width of 13.4m. A separate reef lower in the same hole returned 2.06 g Au/t over a true width of 22.3m including 5.05 g Au/t over a true width of 6.2m; and
- CAN-38 returned 8.77 g Au/t (7.25 g Au/t with highs cut to 30 g/t) over a true width of 3.9m.
Target Reefs extending zones previously mined
- CAN-15 intersected 16.13 g Au/t (15.63 g Au/t cut) over a true width of 2.5m;
- CAN-47 returned 20.79 g Au/t over 0.7m;
- CAN-53 returned 13.83 g Au/t over a true width of 1.0m; and
- CAN-49 intersected 3.77 g Au/t (1.97 g Au/t cut) over a true width of 6.0m.
Target Reefs above old workings
- CAN-29 returned 8.09 g Au/t over a true width of 1.1m; and
- CAN-31 intersected 4.08 g Au/t over 2.0m.
Dr. Bill Pearson, P.Geo., Vice President, Exploration stated: "The drill results at Canavieiras continue to be very positive. The strike length of the reefs below the old workings has been extended to at least 300 m and high grade intersections continue to be returned from the reef extension southeast of the old workings. Both targets continue to be open along strike. We are currently compiling the new results and will be completing an updated mineral resource estimate as well as outlining a detailed plan for future drilling."
Peter Tagliamonte, Vice President, Operations and Chief Operating Officer stated: "Dr. Pearson and his team have done excellent work at Canavieiras. The positive results from the drilling program and the new program that is being planned will allow our mining team to better evaluate Canavieiras. It is also important to note that Canavieiras was not considered in our mining feasibility and we will be evaluating the exploration results carefully as this could potentially be a new mining area for Desert Sun."
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