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Foundation intersects 10.05 g/t gold over 2.10 m within a 27.46 metre wide zone at the Sanders Zone located 500 m northeast of historic resource at Coldstream
Foundation intersects 10.05 g/t gold over 2.10 m within a 27.46 metre wide zone at the Sanders Zo...
About this update from Big Ridge Gold Corp
[{"type":"text","content":"\nFoundation intersects 10.05 g/t gold over 2.10 m within a 27.46 metre wide zone at the Sanders Zone located 500 m northeast of historic resource at Coldstream\n\n\n Apr. 21, 2010 (TheNewswire.ca) -- Vancouver B.C. April 21, 2010: Foundation Resources Inc. (TSXV:FDN) (FDN: TSX-V) is pleased to announce the results from the last four holes of the recently completed 2010 winter drilling program on the East Coldstream Deposit (the \"Deposit\") located on its Coldstream Property in Ontario. Foundation has an option to earn up to a 70% interest in the Coldstream property from Alto Ventures Ltd. (TSXV:ATV) Key points Summary:-47.92 m averaging 1.14 g/t gold intersected at the East Zone, including 9.69g/t gold over 1.08 m and 2.58 g/t gold over 6.37 m-27.46 m averaging 1.16 g/t gold intersected at the Sanders Zone located 500m northeast ofthe historical Deposit, including 10.05 g/t gold over 2.10 m-Follow-up drilling to resume after spring break-upThree (C-10-19, 20 and 21) of the four holes were drilled at the East Zone and the fourth (C-10-22) was drilled to intersect the Sanders Zone. The East Zone is located northeast of the previously reported Main Zone and each of the three holes intersected wide intervals of gold mineralization which include higher grade sections (see Table). Drill hole C-10-22 tested the Sanders Zone and intersected 27.46m averaging 1.16 g/t gold, including 10.05 g/t gold over 2.1 m.Table of Significant Gold Assays\nDrill Hole From(metres) To(metres) Width(metres) Gold(grams /tonne) \nC-10-19 (East Zone) 137.46 185.38 47.92 1.14 \nIncluding: 149.73 150.81 1.08 9.69 \n 179.01 185.38 6.37 2.58 \n \nC-10-20 (East Zone) 149.75 169.90 20.15 0.67 \nIncluding: 149.75 151.40 1.65 4.10 \n \nC-10-21 (East Zone) 77.85 104.20 26.35 1.08 \nIncluding: 100.50 104.20 3.7 5.19 \n \nC-10-22(Sanders Zone) 65.57 93.03 27.46 1.16 \nIncluding: 90.37 92.47 2.10 10.05 \nResults from the 2010 winter program are very positive as they are some of best grades and widths drilled on the Coldstream property to date and they confirm continuity of gold mineralization between widely spaced historical holes. The drilling results also demonstrate the potential for increased grades (4.88 g/t gold over 27.3 m in C-10-14) and widths (111.3m averaging 1.12 g/t gold in C-10-16 testing the Main Zone) at the Deposit (see Foundation news releases dated ...