Minera IRL Identifies New Zones of Gold July 21, 2014 02:00 ET
Minera IRL Identifies New Zones of Gold Mineralization at the Corihuarmi Gold Mine
LIMA, PERU--(Marketwired - July 21, 2014) - Minera IRL Limited ("Minera IRL" or the "Company") (TSX:IRL) (AIM:MIRL) (BVLAC:MIRL),the Latin America gold mining company, announces positive results from an exploration diamond drilling program currently in progress at its Corihuarmi Gold Mine in Peru. Potentially economic gold mineralization, at similar grades to that currently being mined and treated by heap leach, has been intersected in new zones at the Laura and Cayhua prospects. In addition, bonanza-grade gold mineralization has been intersected at the Cerro Rojo prospect.
Significant results from recent drilling include:
Laura
- DDH14-10: 76.0m grading 0.30g/t Au
- DDH14-11: 34.5m grading 0.35g/t Au
- DDH14-12: 23.6m grading 0.31g/t Au
- DDH14-13: 83.6m grading 0.35g/t Au
- DDH14-14: 15.5m grading 0.31g/t Au
Cayhua Ridge
- DDH14-02: 11.0m grading 0.53g/t Au
- DDH14-03: 17.5m grading 0.54g/t Au
- DDH14-05: 9.2m grading 0.66g/t Au
- DDH14-08: 11.7m grading 0.34g/t Au
Cerro Rojo
- DDH14-16: 1.1m grading 53.4g/t Au (including 0.6m grading 87.9g/t Au)
- DDH14-21: 1.3m grading 90.9g/t Au
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