Business

High Grade Gold in Trenching at Echbara, Chad

High Grade Gold in Trenching at Echbara, Chad.

articleAtlantic Lithium Limited.November 2, 20173/company/atlantic-lithium-limited/news/high-grade-gold-in-trenching-at-echbara-chad
High Grade Gold in Trenching at Echbara, Chad

About this update from Atlantic Lithium Limited.

[{"type":"text","content":"\n \nRNS Number : 3355V IronRidge Resources Limited 02 November 2017  \n\n2 November 2017\n \n \nEchbara Project Trenching and Soil Sample Results\n \nMultiple Gold Intersections in Trenching\nSoil Anomalies Defined, Chad, Central Africa\n \nIronRidge Resources Limited (AIM: IRR, 'IronRidge' or the 'Company') is pleased to announce that trenching and soil sampling results have been received for the Echbara Project in Chad, Central Africa.\n \nHIGHLIGHTS:\n \nØ Multiple gold intersections* returned in 'fresh rock' trenches, including:\no  12m @ 2.71g/t gold\no  12m @ 0.94g/t gold\no  22m @ 0.74g/t gold\no  52m @ 0.35g/t gold\nØ 500m strike length of >15 gram metre (grade x interval) intersections with up to 1.2km strike length of 10 - 15 gram metre intersections in trenching.\nØ Multiple gold in-soil sampling anomalies identified including a 4km x 2km gold anomalous zone along strike from Echbara; highlighting additional exploration upside.\nØ Additional coincident tellurium, antimony, tin, arsenic and cadmium anomalies in multi-element geochemistry.\n*0.2 g/t gold cut-off with maximum 2m of internal waste\n \nCommenting on the Company's latest progress, Len Kolff, IronRidge Chief Geologist said: \n \n\"These first pass trenching results over significant widths within the Echbara target demonstrate good continuity over a 1.2km strike length with a higher-grade core zone over 500m strike and up to 2.71g/t gold.\n \n\"The Echbara mineralisation is now well constrained within trenching for future work programmes. Further exploration upside is evident in regional soil sampling where multiple and significant gold anomalies have been defined, including a 4km x 500m anomalous zone along strike from Echbara.\n \n\"The 100% owned Echbara prospect is only 25km from the Company's 100% owned Dorothe prospect, providing good operational synergies during exploration work and potentially beyond. The Company is finalising field programmes for the pending dry season and we look forward to providing the market with updates, once the new season field activities have commenced.\"\n \nReference to figures and tables relate to the version of this release on the Company's website (www.ironridgeresources.com.au) or visible in PDF format by clicking the link below:\n ...

More updates from Atlantic Lithium Limited.