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Giyani Gold finds five gold settings at Klein
2012-10-17 10:07 ET - News Release
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Mr. Duane Parnham reports
NEW GOLD SETTINGS OUTLINED ON KLEIN LETABA MINE PROPERTY GIYANI, LIMPOPO, SOUTH AFRICA
Giyani Gold Corp. has encountered five different gold settings, including four new zones, by the drilling completed to date on the Klein Letaba-Frankie property near Giyani, Limpopo, South Africa. The Klein Letaba-Frankie property is contained within the Giyani greenstone belt, which is Archean in age and is similar to greenstone belts found in Northern Ontario.
Giyani Gold's Hole KL12-01 which encountered a 15.1 m silicified zone containing high grade gold values (see release dated September 7, 2012) of 13.162 g/tonne gold over 15.1m, including 10.215 g/tonne over 2.33 m, and 28.827 g/tonne over 3.67 m, and 18.167 g/tonne over 3.0 m (uncut) is now understood by management to be a new extension of the No. 9 vein system at the west margin of the historic Klein Letaba Mine, and may be a new lense belonging to the No. 9 vein structure.