Business
Exploration Update - Altenberg Target
Exploration Update - Altenberg Target.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \nRNS Number : 5543L Noricum Gold Limited 07 July 2014 \n \n\nClick on, or paste, the following link into your web browser to view the associated PDF document:\nhttp://www.rns-pdf.londonstockexchange.com/rns/5543L_-2014-7-4.pdf\n \nNoricum Gold Limited / EPIC: NMG / Sector: Natural Resources\n7 July 2014\nNoricum Gold Limited ('Noricum Gold' or 'the Company')\nExploration Update - Altenberg Target\n \nNoricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to provide an update for its wholly owned Rotgulden Gold and Precious Metals Projects located in south-central Austria. \n \nOverview\n· Approval granted by Mining Authority for a 2,500 metre surface diamond drilling programme at the Altenberg target area of the Rotgulden licence\n· Approval granted through to November 2018\n· Sampling and mapping has been conducted to date at Altenberg with rock chip samples presenting values of up to 86.4 g/t Au, 1,011g/t Ag and 4.49% Cu\n· Aerial survey undertaken in 2012 detected multiple targets in the Altenberg area\n \nAltenberg Target - Historical Results\n \nThe Altenberg Valley is located 2.7 km to the south-west of the previously operating Rotgülden mine. The Altenberg target is a continuation of the mineralised strike from and above the Rotgülden mine. This area had seen very little modern day exploration although there are several short historic adits which have allowed Noricum personnel to improve their knowledge of the mineralisation via mapping and sampling.\nImage 1: Regional Map\n \nPrevious work undertaken by the Company included a mapping and sampling programme where 92 samples were taken from surface as well as the three open adits. \n \nEight samples from the 92 sample batch returned grades higher than 10g/t Au, 22 samples returned grades higher than 3g/t Au, and a total of 41 samples were above 1g/t Au. Multi-element samples returned values of up to 1,011 g/t silver ('Ag') and 4.49% copper ('Cu'). Sample NA-8 also returned grades of 10.9% lead and 3.66% zinc. A selection of the best results from the historic sampling are included in the table below.\n \n\n\n\n\nSample\n\n\nAu ppm\n\n\nAg ppm\n\n\nCu %\n\n\n \n\n\nSample\n\n\nAu ppm\n\n\nAg ppm\n\n\nCu ...