RE: more news!!!!
Cliffmont drills 10.5 m of 5.9 g/t Au at San Luis
2013-01-17 08:47 ET - News Release
Mr. Jeff Tindale reports
CLIFFMONT DRILLS SIGNIFICANT GOLD DISCOVERY AT LA JULIA OF 10.5 METRES AVERAGING 5.90 G/T GOLD AND 3.33 G/T SILVER OF SHALLOW MINERALIZATION AT SAN LUIS PROJECT, HUILA, COLOMBIA
Cliffmont Resources Ltd. has released drill results for holes SLD-17 and SLD-18 (373 metres) from the 2012 drill program on the San Luis project in Huila department, Colombia. The 2012 drill program was the first ever undertaken on the San Luis project.
"We are delighted with the new gold-silver discovery at La Julia. The mineralization occurs at very shallow depths, possibly in the sub crop, and is open in all directions. This discovery at La Julia is a testament to the untested potential at the San Luis Project," said Jeff Tindale President and CEO.
Cliffmont is currently conducting a large soil sampling program over La Julia prospect to trace the new discovery and to identify new drill targets for the next phase of drilling. The mineralization is open along strike and to depth. The intersections in SLD-17 and SLD-18 indicate a previously unknown area of shallow gold-silver mineralization of significant grade.
The Company's strategy is to further define the La Julia target and to test for continuity of mineralization below past-producing mines. The Company's plan includes blocking out and evaluating mineralization to explore the possibilities of a near-term production decision while continuing to explore and evaluate numerous other larger areas of wider mineralization. The San Jorge prospect has two exploitation contract concessions and is the first area for advanced development work in the extensive San Luis project area.
La Julia Drilling:
Drill hole SLD-17 intersected significant, possibly sub cropping, gold-silver mineralization from 10.5 to 21.0 metres down hole: 5.9 g/t gold & 3.33 g/t silver over 10.5 metres, including 27.7 g/t gold & 14.7 g/t silver over 1.25 metres, and 9.9 g/t gold & 4.2 g/t silver over 1.57 metres The upper high grade interval (10.5 to 13.0 metres ) comprises 9.9 g/t gold over 1.57 metres underlain by 3.43 g/t gold over 0.93 metres The central part of the zone (13.0 to 17.0 metres) assayed 0.18 g/t gold over 4.0 metres The lower high grade interval (17.0 to 21.0 metres) comprises 27.7 g/t gold over 1.25 metres; 4.68 g/t gold over 1.25 metres; and 1.30 g/t gold over 1.5 metres The controls on the upper and lower high grade intervals are unknown at this time. Assays are pending for additional samples above 10.5 metres. Drill hole SLD-18 also intersected significant, possibly sub cropping, gold-silver mineralization from 11.0 to 22.3 metres down hole: 2.11 g/t gold & 3.73 g/t silver over 15.0 metres including 9.73 g/t gold & 9.4 g/t silver over 2.0 metres The upper part of the zone (9.0 to 14.0 metres) assayed 0.89 g/t gold over 5.0 metres The central high part of the zone (14.0 to 16.0 metres) assayed 9.73 g/t gold over 2.0 metres The lower part of the zone (16.0 to 24.0 metres) assayed 0.98 g/t gold over 8.0 metres
The controls on the central high grade interval are unknown at this time. Assays are pending for additional samples above 9.0 metres.
Table 1 - Significant Drill Intersections
Prospect Hole From To Interval* Au Ag Cu Pb Zn # (m) (m) (m) g/t g/t ppmppm ppmLa JuliaSLD-1710.5021.00 10.50 5.90 3.30 33 164 77 incl10.5013.00 2.50 7.49 2.71 32 104 50 incl10.5012.07 1.57 9.90 4.20 38 105 52 and17.0019.50 2.50 16.199.45 51 282 117 incl17.0018.25 1.25 27.7014.7068 227 110 SLD-189.00 24.00 15.00 2.11 3.73 1711377213 incl11.0022.30 11.30 2.59 4.30 1701368196 incl14.0016.00 2.00 9.73 9.40 1532030120
*Interval represents down hole core length; true widths cannot be reliably estimated at this time.
To view all maps and figures please visit the Company's website at www.cliffmontresources.com Drill core samples were analyzed by ALS Chemex Labs Ltd., an ISO 9001:2000 certified laboratory. Cliffmont maintains a QAQC program whereby standard samples and blanks were inserted into each batch of samples to ensure quality control.
Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical information provided in this release.
We seek Safe Harbor.