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Adyton Resources Reports 6.2m @ 5.58g/t Au from Gameta Drill Program
BRISBANE, Australia, June 08, 2021 (GLOBE NEWSWIRE) -- Adyton Resources Corporation (TSX Venture: ADY) (“Adyton”) is pleased to provide an update on the current
About this update from Adyton Resources Corporation
[{"type":"text","content":" BRISBANE, Australia, June 08, 2021 (GLOBE NEWSWIRE) -- Adyton Resources Corporation (TSX Venture: ADY) (“Adyton”) is pleased to provide an update on the current diamond drilling program at its 100% owned Gameta Gold Project on Fergusson Island, located within Papua New Guinea’s renowned “Rim of Fire”. The assay results reported in this release continue to confirm or exceed the results of historical RC drilling and increase the confidence in the existing geological model. Highlights: ADD010: 6.2m (40.8-47.0m) @ 5.58 g/t Au ADD015: 8.7m (32.2-40.9m) @ 2.78 g/t Au ADD016: 5.4m (4.4-9.8m) @ 2.88 g/t Au ADD022 12.0m (21.0-33.0m) @ 1.78 g/t Au Incl 5.0m (24.5-29.5m) @ 3.25 g/t Au Frank Terranova, Chairman, President and Chief Executive Officer of Adyton commented, “It has been a tremendous effort by the Adyton team to complete the Gameta drill program seven weeks ahead of schedule. The assay results continue to confirm, and in many instances exceed, the historical drill results. The success of the program has generated significant interest in the Fergusson Island project from industry participants and has given us the confidence to commence refreshing previous technical studies earlier than previously planned.” The Gameta drill program was focussed on the northern third of the resource zone and had the dual objectives of increasing the confidence in, and continuity of, the existing resources. The drill program concluded on June 4, 2021, seven weeks ahead of schedule. Thirty eight diamond drill holes were completed (ADD001 to ADD038) for a total of 3,381m. “Based on my previous executive experience in the region, my confidence that this project is a legitimate producer in waiting continues to grow, and we will start to plan accordingly,” Mr. Terranova added. This release reports assays for drill holes ADD009 to ADD023 totalling 1,183 metres. Assays for drill holes ADD024 to ADD038 are in progress and will be reported in future releases. A full listing of significant intersections for holes ADD009 to ADD023 is presented in Note (2) to this release. Geological Overview: Fergusson Island is one of the D’Entrecasteaux Islands, which are in the western end of the Woodlark extension (Woodlark Basin). Adyton has three separate exploration projects on Fergusson Island: The Gameta Gold Project, which currently has a...