Business
Gammon Gold Reports a New Discovery with Significant Drill Results at theRecently Acquired Los Jarros Project, Located Near the Ocampo Operations
Jan. 27, 2011 (Canada NewsWire Group) -- TORONTO, Jan. 27 /CNW/ - Gammon Gold Inc. ("Gamm...
About this update from Alamos Gold Inc.
[{"type":"text","content":"\n\n\n\n Jan. 27, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\nTORONTO, Jan. 27 /CNW/ - Gammon Gold Inc. ("Gammon") (TSX:GAM and NYSE:GRS): Gammon is pleased to announce that it has successfully completed the first-stage, 2,000 metre drilling program at the Los Jarros Project in western Chihuahua. The drilling was focused on the Gaby target where significant near surface mineralization was discovered. The Gaby target is approximately 22 kilometres southeast of Ocampo and 29 kilometres northwest of Fresnillo PLC's Orisyvo gold deposit.\n\n\n >\n\n\nFour of the five holes drilled discovered significant mineralization. Some highlights of the new program include:\n\n\n >\n\n\n"We are very encouraged by the mineralization drilled in this initial campaign, as it documents extensive disseminated gold mineralization as well as locally high-grade gold. The mineralization occurs in a multi-stage breccia with alteration typical of high-sulfidation epithermal systems. This is a large zone still open to expansion of low-grade disseminated gold mineralization within which are higher grades that warrant follow up drilling," stated Peter Drobeck, Senior Vice President of Exploration and Business Development. He continued, "This is an exceptional start to a reconnaissance drilling program on a property we acquired only five months ago."\nThe focus of the initial stage of the 2010 drilling program was on expanding data from historical drilling programs completed on...