Business
Positive Exploration Update at Rotgulden, Austria
Positive Exploration Update at Rotgulden, Austria.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \nRNS Number : 0876T Noricum Gold Limited 15 November 2013 \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/0876T_-2013-11-14.pdf \n \n \nNoricum Gold Limited / EPIC: NMG / Sector: Natural Resources\n15 November 2013\nNoricum Gold Limited ('Noricum Gold' or 'the Company')\nExploration Update from Rotgülden Gold and Precious Metals Project, Austria\n \nNoricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to provide an update on its 2013 work programme at the Company's 100% owned Rotgülden Gold and Precious Metals Project ('Rotgülden'), which is currently focused on defining the extent of mineralisation already identified at the previously producing mine, one of four targets delineated to date.\n \nHighlights\n \n· Results continue to reinforce the high grade nature and excellent prospectivity of Rotgülden\n· Mineralisation extended at depth and up dip at previously producing mine following assay results from two deeper drill holes at position C on the deposit and further channel sampling \n· Assay results from drill hole C7 included:\no 2m @ 3.59 g/t gold ('Au') and 3.52 g/t silver ('Ag'), including 1m @ 6.58 g/t Au from 98-99m\n· Assay results from drill hole C9 included:\no 5m @ 2.12 g/t Au and 16.88 g/t Ag from 35m\n· Visible gold intersected in C9 - assays from this deeper section of core pending \n· Ore body drilled to depth of 150m below the initial mineralisation and remains open\n· Drilling on-going underground\n· High grades including two samples up to 36.8 g/t Au and 18.15g/t Au, 642g/t Ag and 3.25% Cu returned from channel sampling\n· Sampling results improving the continuity of the mineralisation and thus the scope of the mineralised envelope\n \nNoricum Gold Managing Director Greg Kuenzel said, \"The results are extremely encouraging and provide us with confirmation that the known mineralisation continues at depth and remains open, in line with our geological model. At the same time, we are also increasing the known extents up dip from the chalcopyrite cavern fo...