GREY:RBGCF - Post by User
Post by
smithgeeon Feb 28, 2012 2:12pm
303 Views
Post# 19599435
Intercept of 9.6m Averaging 10.0g/t Au
Intercept of 9.6m Averaging 10.0g/t Au
TSX VENTURE :RBG
 |
February 28, 2012 13:47 ET
New Drill Intercept of 9.6m Averaging 10.0g/t Au Within 55.5m Averaging 2.9g/t Au
REBgold Confirms High Grade Mineralization as Well as Bulk Tonnage Potential
TORONTO, CANADA--(Marketwire - Feb. 28, 2012) -REBgold Corporation (TSX VENTURE:RBG) ("The Company")is pleased to announce the first results from the 2012 resource expansion drill campaign at the Osikonmäki gold project, one of a number of mineralized occurrences on the Joint-venture Rantasalmi Property in Finland. The campaign is designed to test the extents of the current boundaries of the resource envelope defined in the 2011 drilling. The Company targeted the high-grade hanging wall zone, discovered in 2011. Results from the first two holes are highlighted as follows;
Highlights from drill-hole BELOSI-78:
- 55.46m @ 2.85g/t gold from 46.04m down-hole (0.3 g/t cutoff), indicating bulk tonnage potential of the system.
- This includes a higher grade zone of 19.86m @ 6.32g/t gold from 46.04m down-hole (1g/t cutoff), containing 9.6m @ 10.01g/t gold.