RE:RE:News Release Today's results are somewhat encouraging, decent for inital assay results ....
Their best hit was a good hit .... pretty much encountered mineralization over the whole length of the headline intercept but with very high grades over two thinner widths within the overall length
"The most prominent interval among results to date is 8.24 grams per tonne gold over 6.63 metres from 161.95 metres, including 11.54 g/t over 1.83 metres and 82.1 g/t over 0.28 metre returned from hole EH003 drilled at the Excelsior Reef. " Drill hole From To Interval Au (m) (m) (m) (g/t)
EH003 161.95 162.54 0.59 3.16 EH003 162.54 163.20 0.66 1.13 EH003 163.20 163.48 0.28 82.10 EH003 163.48 163.95 0.47 0.28 EH003 164.40 164.78 0.38 7.43 EH003 164.78 165.16 0.38 4.80 EH003 165.16 165.63 0.47 4.66 EH003 165.63 166.05 0.42 0.47 EH003 166.05 166.75 0.70 1.08 EH003 166.75 167.45 0.70 11.10 EH003 167.45 168.15 0.70 13.90 EH003 168.15 168.58 0.43 8.42
Back on Feb 24, Leviathan announced the addition of a second drill rig for Avoca and Timor, the company also reported it had already completed 271 meters of drilling with one drill rig, basically in the first week, with the second drill rig expected to commence work in the first week of March.
https://leviathangold.com/leviathan-gold-to-commence-drilling-with-a-second-rig-at-its-newly-acquired-avoca-and-timor-projects/ In the ensuing eight weeks they have only managed to drill an additional 1605 meters (1876 - 271 ) at Excelsior ? With two rigs operating ? Perhaps they're only using the one rig at Excelsior and have deployed the second rig at another target ?
It's always good to be prudent in picking the next targets by assessing the first pass results first, however, I had expected a little more meters being completed and reported in this initial reporting ... still quite positive with the expectations ....
Onwards and upwards.
GLTA !