Alexandria Minerals Corp. (TSX: V.AZX, ALDXF, Forum) today released new assay results from diamond drilling at its flagship gold property in Val d’Or, Que.
The latest results are from five drill holes that targeted the east end of its Orenada Zone 4 deposit. Highlights include: 2.03 g/t Au over 31.15 meters (including 14.10 g/t over 1.10 meters), and up to 18.06 g/t Au over 1.0 meter. Drilling took place near surface, at depths between 50 and 350 meters.
Among the highlights, the company said multiple high-grade gold veins were intersected in the five holes drilled on two sections designed to test extensions of gold mineralization to the east as well as above and below the 2009 resource.
More information can be found here.
Alexandria was in the news recently when it raised $2.57 million from a non-brokered private placement. It included a $2 million strategic investment by fund manager Eric Sprott.
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Full Disclosure: Alexandria Minerals Corp. is a paid client of Stockhouse Publishing.