Inter-Citic Intersects Gold In Five New ExploratioAcadia Zone Yields Drill Hole With 32.3 Metres Averaging 1.93 GPT Gold
TORONTO, ONTARIO, Nov 23, 2010 -- Inter-Citic Minerals Inc. (TSX: ICI) ("Inter-Citic" or "the Company") President and CEO James Moore, is pleased to report on drill hole results in five of its new areas of exploration as part of its ongoing 2010 drill program at its Dachang Gold Project in China. The 2010 exploration program is focused entirely in new areas at Dachang targeting near-surface resource expansion.
All exploration drill holes reported by the company in this release intersected gold mineralization, many intersecting multiple intervals.
Significant results include numerous drill holes in the Acadia Zone. Drill hole CJV-1064 on the Acadia Zone intersected 32.3 metres of mineralization averaging 1.93 GPT contained gold, including 6.0 metres of 3.83 GPT gold. It also had an additional 11.5 metres of mineralization averaging 0.77 GPT contained gold, and 3.0 metres grading 3.58 GPT gold. According to the Company's interpretation, the estimated true width of the zone of gold mineralization intersected by drill hole CJV-1064 is approximately 20 metres, including several zones from 6 to 8 metres true thickness that do not change too much in thickness from surface to depth and are separated by short barren intervals.
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