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Positive Gold Exploration Update, Rotgulden
Positive Gold Exploration Update, Rotgulden.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \nRNS Number : 4785Q Noricum Gold Limited 15 October 2013 \n \n\n\nClick on, or paste the following link to view the associated PDF document:\nhttp://www.rns-pdf.londonstockexchange.com/rns/4785Q_-2013-10-14.pdf\n \n \nNoricum Gold Limited / EPIC: NMG / Sector: Natural Resources\n15 October 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 the previously producing mine, one of four targets identified.\n \nHighlights\n· High grades of up to 24.95 g/t gold ('Au') returned from on-going channel sampling programme to re-test historic work and assist in preparation of resource model \n· Ore microscopy performed on massive sulphides intersected at drill hole XB01\n· Drilling continuing on deeper holes (circa 150m) from point C, the farthest accessible point in the existing underground workings\n· Results from drill holes RZ01A, RZ03 and further partial results from RZ01 expected in the coming week\n \nNoricum Gold Managing Director Greg Kuenzel said, \"The previously producing mine at our Rotgülden Gold and Precious Metals Project benefits from an extensive amount of historic work. As drilling advances at this target to the north of the licence area, we have a number of additional initiatives underway focused on testing and qualifying historic work to further bolster our resource database. This work will be modeled alongside results from our on-going drill programme, which to date has returned extremely high grade gold up to 3.9m @ 51.53 g/t Au, 237.77 g/t Ag and 2.69 % Cu, as we work towards an initial high grade resource for this target area in Q1 or early Q2 2014.\" \n \nChannel Sampling\n \nHistoric explorers spent considerable time mapping and channel sampling the ore zones from the main Freidrichstollen level and from the upper chalcopyrite cavern at the Rotgülden mine. Previous to this even earlier samples were taken in the 1930's. This work is currently be...