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Gold intersection 15.97g/t Au Across 32.1 m - Roxmark reports hardrock tenacity zone drilling continues to return high-grade gold

TORONTO, April 29 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today reported high grade resul...

articleAtlas Salt IncApril 29, 20093/company/atlas-salt-inc/news/gold-intersection-1597gt-au-across-321-m-roxmark-reports-hardrock-tenacity-zone-drilling-continues-to-return-high-grade-gold
Gold intersection 15.97g/t Au Across 32.1 m - Roxmark reports hardrock tenacity zone drilling continues to return high-grade gold

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[{"type":"text","content":"\n\n\n\nTORONTO, April 29 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today\nreported high grade results from the ongoing drilling program being carried\nout on the Hardrock Project joint venture in Geraldton, Northwestern Ontario\nby Premier Gold Mines Limited as operator.\n\n\nDrilling at the Hardrock Project continues to return high-grade gold\nmineralization in the Tenacity Zone. Initial drilling has been focused on\ndefining potentially open pit-style mineralization which is being confirmed by\nintersections of up to (un-cut) 15.97 grams per tonne gold (g/t Au) across\n32.1 metres (m) and 2.38g/t Au across 23.0m. Drilling is now directed on\nextending the Tenacity Zone down plunge to follow-up on recent intersections\nof up to 16.86g/t Au across 5.5m. Highlights of recent Tenacity drilling\ninclude:\n\n\n - The potential to develop both open pit and underground resources;\n - Extremely high-grade gold with individual samples returning assays\n of up to 688.0g/t Au (20.1 ounces per ton gold) across 0.7m;\n - The intersection of a second near-surface mineralized horizon\n located along a similar geological contact.\n\nFollow-up drilling at Tenacity, as well as the testing of other target\nareas, is ongoing.\nThe Tenacity Zone is marked by moderately to intensely silicified and\nveined greywacke host rocks, adjacent to a folded ultramafic rock unit.\nMineralization consists of pyrite, pyrrhotite, arsenopyrite, and minor visible\ngold. Drilling has confirmed potentially open pit-style mineralization over a\nminimum strike length of approximately 500 metres, and is now testing for\nhigher-grade mineralization that could be amenable to mining from a ramp below\nthe potential pit workings. Mineralization remains open at depth with some of\nthe strongest looking mineralization being identified from the western-most\n(down-plunge) sections drilled to date. Hole TN026 (15.97g/t Au across 32.1m)\ntested the Tenacity Zone up-dip from an historic intersection that returned\n49.3g/t Au across 4.3m, and down-dip from an historic intersection that\nreturned 3.8g/t Au across 32.7m.\n\n Recent Tenacity Zone Intercepts\n\n-------------------------------------------------------------------------\n UTM Dip/ In In Gra\n Coor- Azimuth ter- Grade ter- de\nHole- dinates (de- From To val (g/ val (oz/\nID (m) grees) (m) (m) (m) tonne) (ft) ton) Z...

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