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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

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Post by AdamJTon Feb 07, 2012 8:21am
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Post# 19498583

Kofi News

Kofi News

Avion's Hounde Property, Burkina Faso, Returns Intercepts of 51.63 g/t Au Over 8.0 Metres and 12.4 g/t Au Over 6.5 Metres

--(Marketwire - ) - (TSX:AVR)(OTCQX:AVGCF) ("Avion" or the "Company") is pleased to announce results for an additional 11 holes drilled in 2011 in the Vindaloo zone area, , (see Figure 1), and the results of new geophysical data and preliminary metallurgical results for the Vindaloo zone. Drill hole intercepts continue to demonstrate the open-ended nature of the mineralized system and the high potential for both discovery and, to add to the current mineral resources.

The final few holes completed in the Vindaloo area were designed to take some aggressive step outs along strike and to test other high priority structures. This work resulted in extending the Vindaloo trend to the north with the intercept in hole H-11-100 of 51.63 g/t Au over 8.0 metres and a 1.6 kilometre step out to the south which returned an intersect of 12.4 g/t Au over 6.5 metres (see Figure 2). With these additions, it now appears that the Vindaloo mineralized system can be traced for approximately 5.85 kilometers as compared to an estimated strike length of approximately 4.2 kilometres previously, and is still open along strike and to depth. Encouraging are two historic holes, located approximately 11.4 kilometres northeast of hole H-11-100, along the general northeast trend of the Vindaloo zone, which returned 3.43 g/t Au over 4.0 metres and 1.12 g/t Au over 4.0 metres.

Also as part of this drill program, one hole drilled approximately 1.7 kilometres to the west returned a near-surface intercept of 1.17 g/t Au over 7.5 metres (, see Figure 2). This intersection is related to a northeast trending IP chargeability anomaly that can be traced for approximately 1.75 kilometres before extending off of the surveyed area, both to the northeast and to the southwest.

2012 Significant Assays - Remaining Holes-------------------------------------------------------------------------------------------------------------------------------------------------------- Au(ii) ZoneHole # Mineralized interval (m) Au (g/t) (capped) section ------------------------------- ------------------------------- from to Width(i) -------------------------------------------------------------------H-11-100 98.0 106 8.0 51.63 17.63 Vindaloo 2H-11-102 22.0 22.7 0.7 1.97 1.97 Vindaloo 2H-11-103 89.0 98.8 9.8 1.02 1.02 Vindaloo 2H-11-103 108.1 109.2 1.1 2.53 2.53 Vindaloo 2H-11-104 117.0 117.7 0.7 3.05 3.05 MadrasH-11-105 28.0 35.5 7.5 1.17 1.17 Nema ZoneH-11-107 20.5 22.0 1.5 1.80 1.80 KohoH-11-107 113.0 114.0 1.0 1.04 1.04 KohoH-11-107 121.0 124.2 3.2 2.80 2.80 KohoH-11-110 104.8 105.7 0.9 1.42 1.42 KohoH-11-111 13.0 19.5 6.5 12.4 10.49 Vindaloo SWH-11-111 145.7 148.5 2.8 1.6 1.6 Vindaloo SW--------------------------------------------------------------------------------------------------------------------------------------------------------(i) Estimated true lengths are supplied when enough information has beenreceived. A good rule of thumb is that true lengths are 50% to 60% of thelength of the intercept.(ii) Assays capped at 30 g/t Au.

https://www.aviongoldcorp.com/News/News-Details/Avions-Hounde-Property-Burkina-Faso-Returns-Intercepts-of-5163-gt-Au-Over-80-Metres-and-124-gt-Au-Over-65-Metres1128154/default.aspx

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