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New High-Grade Assay Results Released by California Gold Mining From its Flagship Fremont Project
New High-Grade Assay Results Released by California Gold Mining From its Flagship Fremont Proj...
About this update from Canadian Goldfields Discovery Corp
[{"type":"text","content":"New High-Grade Assay Results Released by California Gold Mining From its Flagship Fremont ProjectNew High-Grade Assay Results Released by California Gold Mining From its Flagship Fremont Project\nToronto, Ontario CANADA, November 25, 2013 /FSC/ - California Gold Mining Inc. (CGM - TSX Venture), (\"California Gold\" or the \"Company\") is pleased to announce new assay results from the Company's recently concluded Phase I drill program at its flagship Fremont Project (the \"Project\") in Mariposa County, California. These latest assays are further evidence of the presence of a large high-grade gold mineralized zone at the Project starting right at surface and extending down to a depth of several hundred metres.\nAll six holes from the Phase I drill program that have been discussed by the Company (including this press release) have intersected the Pine Tree-Josephine mineralized package. The Company believes that the large widths of the mineralized intersections, and the high overall grades encountered in the mineralized zones present a compelling case for the Project to be evaluated as a bulk mining operation going forward.\nThe relatively lower overall grades in drill hole DD-13-09 are primarily due to the fact that the hole encountered several historic stopes that had previously been mined out. As a result, the hole produced poor to no recoveries through some of the highly mineralized zones.\nAssay highlights from diamond drill holes DD-13-07, 08 and 09 include the results in the following table.\n-***-\n----------------------------------------------------------------\n    Hole       From      To     Interval         Grade     \n    ID #      (Feet)   (Feet)    (Feet)    Au (oz/t)  Au (g/t)\n----------------------------------------------------------------\n                                                    &...