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California Gold Releases New Assay Results from the Phase I Drill Program and Update on Phase II Drill Program at Its Flagship Fremont Project
California Gold Releases New Assay Results from the Phase I Drill Program and Update on Phase ...
About this update from Canadian Goldfields Discovery Corp
[{"type":"text","content":"California Gold Releases New Assay Results from the Phase I Drill Program and Update on Phase II Drill Program at Its Flagship Fremont ProjectCalifornia Gold Releases New Assay Results from the Phase I Drill Program and Update on Phase II Drill Program at Its Flagship Fremont Project\n\nToronto, Ontario CANADA, April 14, 2014 /FSC/ - California Gold Mining Inc. (CGM - TSX Venture), (\"California Gold\" or the \"Company\") is pleased to announce new assay results from the Company's Phase I drill program at its flagship Fremont Project (the \"Project\") in Mariposa County, California.\n\nA total of 14 HQ-sized diamond drill holes were drilled during the Phase I drill program, which ran from May 9 to June 11, 2013 and totaled 6,502 ft of drilling.  Including this press release, the Company has released assay results from ten of the fourteen holes. The Company believes that the large widths of the mineralized intersections, and the high overall grades encountered in the mineralized zones to-date present a compelling case for the Project to be evaluated as a bulk mining operation. The mineralized system remains open along strike and at depth.\n\nAssay results from the remaining four Phase I holes (DD-13-01, 02, 03 and 14) have not been released by the Company as the drilling, recovery, handling and processing of the core from these holes (totaling 1,726.5 ft) were affected by numerous quality assurance & quality control (QA/QC) issues. These QA/QC issues include, but are not limited to, misalignment of drill core, poor records of cavity intercepts and splitting of drill core before geological logging, If, and when, these QA/QC issues are resolved by the Company's technical team, the drill core from these four holes shall be systematically processed and the results subsequently released. The ten holes from Phase I for which assay results have been released to-date, have not been affected by these QA/QC issues.\n\nAssay results released today pertain to diamond drill holes DD-13-10, 11, 12 and 13. These results, when composited for the entire width of the Pine Tree - Josephine lode system, are presented as follows contrasted with composited assays from the nearest historic reverse circulation (RC) drill holes:\n\nTo view the graphic please click on the following link\nhttp://www.fscwire.com/sites/default/files/NR/711/1818...