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Santa Barbara Resources Ltd V.SBL



TSXV:SBL - Post by User

Post by tpaymanson Dec 31, 2013 9:58am
198 Views
Post# 22048117

result from latest drilling

result from latest drilling
We are still not knowing what the exact interpretations will bring!

Accoording the newsrelease the interpretation is still pending
Also they, the compagnie, were talking about a follow up drilling program!
To my opinion they will anounce this follow up in the near future because the LOI with RIO has an duration for 3 years and 1 year is almost past!

For every body: A hapy new year with lots of gold!
gr Theo


Nine out of twelve of the other drill holes intersected anomalous gold values throughout Sancos Central ranging from 14 m @ 0.19 g/t gold to 116 m @ 0.17 g/t gold. The 2 m @ 2.35 g/t gold intersection in SARC 033 may indicate the presence of a potential feeder structure at Sancos Northeast. The interpretation of these results is ongoing.

The most significant drill results are summarized in the table below. A map with the drill hole locations and complete drill results can be reviewed on the Company´s web page.

Christoph Lassl, CEO of the Company commented: “We are very pleased with the results received from our recent drill program at Sancos. The better drill intercepts located to the north of the previously outlined highest grade gold zone in trenches are found at similar elevation, suggesting the continuation of potentially flat-lying, lithilogically controlled gold mineralization. Defining the extent of a potential better grade gold zone will require a follow-up drill program. The central breccia complex of Sancos Central has returned contiguous drill holes with long, potentially economic gold intercepts from surface or near surface.”


Read more at https://www.stockhouse.com/news/press-releases/2013/11/12/santa-barbara-drills-50-m-1-10-g-t-gold-including-24-m-1-71-g-t-gold-and-98#eDCGmYsSFbT0Jeyv.99

Nine out of twelve of the other drill holes intersected anomalous gold values throughout Sancos Central ranging from 14 m @ 0.19 g/t gold to 116 m @ 0.17 g/t gold. The 2 m @ 2.35 g/t gold intersection in SARC 033 may indicate the presence of a potential feeder structure at Sancos Northeast. The interpretation of these results is ongoing.

The most significant drill results are summarized in the table below. A map with the drill hole locations and complete drill results can be reviewed on the Company´s web page.

Christoph Lassl, CEO of the Company commented: “We are very pleased with the results received from our recent drill program at Sancos. The better drill intercepts located to the north of the previously outlined highest grade gold zone in trenches are found at similar elevation, suggesting the continuation of potentially flat-lying, lithilogically controlled gold mineralization. Defining the extent of a potential better grade gold zone will require a follow-up drill program. The central breccia complex of Sancos Central has returned contiguous drill holes with long, potentially economic gold intercepts from surface or near surface.”


Read more at https://www.stockhouse.com/news/press-releases/2013/11/12/santa-barbara-drills-50-m-1-10-g-t-gold-including-24-m-1-71-g-t-gold-and-98#eDCGmYsSFbT0Jeyv.99

Nine out of twelve of the other drill holes intersected anomalous gold values throughout Sancos Central ranging from 14 m @ 0.19 g/t gold to 116 m @ 0.17 g/t gold. The 2 m @ 2.35 g/t gold intersection in SARC 033 may indicate the presence of a potential feeder structure at Sancos Northeast. The interpretation of these results is ongoing.

The most significant drill results are summarized in the table below. A map with the drill hole locations and complete drill results can be reviewed on the Company´s web page.

Christoph Lassl, CEO of the Company commented: “We are very pleased with the results received from our recent drill program at Sancos. The better drill intercepts located to the north of the previously outlined highest grade gold zone in trenches are found at similar elevation, suggesting the continuation of potentially flat-lying, lithilogically controlled gold mineralization. Defining the extent of a potential better grade gold zone will require a follow-up drill program. The central breccia complex of Sancos Central has returned contiguous drill holes with long, potentially economic gold intercepts from surface or near surface.”


Read more at https://www.stockhouse.com/news/press-releases/2013/11/12/santa-barbara-drills-50-m-1-10-g-t-gold-including-24-m-1-71-g-t-gold-and-98#eDCGmYsSFbT0Jeyv.99

Nine out of twelve of the other drill holes intersected anomalous gold values throughout Sancos Central ranging from 14 m @ 0.19 g/t gold to 116 m @ 0.17 g/t gold. The 2 m @ 2.35 g/t gold intersection in SARC 033 may indicate the presence of a potential feeder structure at Sancos Northeast. The interpretation of these results is ongoing.

The most significant drill results are summarized in the table below. A map with the drill hole locations and complete drill results can be reviewed on the Company´s web page.

Christoph Lassl, CEO of the Company commented: “We are very pleased with the results received from our recent drill program at Sancos. The better drill intercepts located to the north of the previously outlined highest grade gold zone in trenches are found at similar elevation, suggesting the continuation of potentially flat-lying, lithilogically controlled gold mineralization. Defining the extent of a potential better grade gold zone will require a follow-up drill program. The central breccia complex of Sancos Central has returned contiguous drill holes with long, potentially economic gold intercepts from surface or near surface.”


Read more at https://www.stockhouse.com/news/press-releases/2013/11/12/santa-barbara-drills-50-m-1-10-g-t-gold-including-24-m-1-71-g-t-gold-and-98#vYtB5LYA3B2oZsLM.99
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