RE: East Asia Minerals Corporation NEWSCan anyone interpret the quote I have in bold letters below? Am wondering the significance of it as the company has now mentioned it twice recently.
June 15 NR
EMD031 was drilled with a due south azimuth and 30 degree dip from the EMD028 location to further test the west extension of the gold-rich Miwah Main Zone. The hole was completed at 200 metres downhole depth and encountered 2.19 g/t gold from 59 to 102 metres, including 4.10 g/t gold from 60 to 75 metres. From 124.4 metres to the end of hole, drilling encountered fault breccia with strong to intense fracturing and argillic alteration. The mineralization is open to the west and at depth, and is interpreted to be contiguous to gold-rich holes drilled in all other directions.
June 7 NR
EMD031 was drilled with a due south azimuth and 30 degree dip from the EMD028 location to further test the extension of alteration and mineralization to the west of the Miwah Bluff portion of the Miwah Main Zone. The hole was completed at 200 metres downhole depth and encountered visually altered and mineralized rock from 58 to 102 metres and 120.1 to 124.4 metres. From 124.4 metres to the end of hole, drilling encountered fault breccia with strong to intense fracturing and argillic alteration. Assays are pending.