Business
AuRico Gold Reports 26.8 Metres at 12.36 Grams Per Tonne Gold Equivalent(1) and 8.5 Metres at 25.90 Grams Per Tonne Gold Equivalent(1) at Ocampo
Jun. 22, 2011 (Canada NewsWire Group) -- TORONTO, June 22 /CNW/ - AuRico Gold Inc. (TSX:AUQ) (...
About this update from Auq Gold Mining Inc.
[{"type":"text","content":"\n\n\n Jun. 22, 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, June 22 /CNW/ - AuRico Gold Inc. (TSX:AUQ) (NYSE: AUQ), ("AuRico") is pleased to provide an update of drill results from the Ocampo surface drill exploration program during May. The drilling results are among the best results reported to date and include 55 new ore-grade drill intercepts from a wide variety of drill projects on the property. (Refer to Table 1 in the Appendix for selected drilling results)\n\n\n >\n\n\n"Ocampo has recorded some exciting drill results at the Picacho open pit deposit which is the mine's primary open pit mining operation, representing 41% of Ocampo's open pit reserve base. The existing Picacho resource block model near holes OG-1356 and OG-1360 has values in the range of only 0.3 to 1.7 gold equivalent grams per tonne(1) while the existing resource block model near hole OG-1363 has values of 4 to 6 gold equivalent grams per tonne(1). Given that these hole intercepts are 25.3 to 61 metres apart and that they are considerably higher grade and longer length than previously modeled, these results should convert a significant tonnage of Inferred Resource to Measured and Indicated, as well as increase much of this material to mill grade. These encouraging results will be followed up during the second half of the year." stated Peter Drobeck, Senior Vice President of Exploration and Business Development.\n\nSome of the best intercepts reported in May include:\n\n\n >...