Business
Positive Operations Update, Rotgulden, Austria
Positive Operations Update, Rotgulden, Austria.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \nRNS Number : 1465K Noricum Gold Limited 26 July 2013 \n \n\nClick on, or paste the following link into your web browser to view the associated PDF document, which includes a picture: \n http://www.rns-pdf.londonstockexchange.com/rns/1465K_-2013-7-25.pdf\n \nNoricum Gold Limited / EPIC: NMG / Sector: Natural Resources\n26 July 2013\nNoricum Gold Limited ('Noricum Gold' or 'the Company')\nPositive Operations Update, Rotgulden Gold and Precious Metal Project\n \nNoricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to provide a positive operations update from its 100% owned Rotgulden Gold and Precious Metals Project in Austria ('Rotgulden'). \n \nHighlights\n \n· Resurfacing of access road to the Friedrichstollen adit at the previously producing Rotgulden mine has now been completed and the engineer reporting to the Austrian mining authority signed off\n· Site visit by Austrian mining authority for clearance to commence drilling set for 7 August 2013 with mobilisation of drill contractors to commence shortly thereafter\n· 15 hole, circa 1,300 metre underground drill programme planned\n· Drill programme focussed on delineating a resource from the mine which has already demonstrated its high grade potential through previous drilling and assaying of historical core\n \nNoricum Gold Managing Director Greg Kuenzel said, \"We are now poised to kick-start our second phase of drilling at the previously producing high grade gold mine within the Rotgulden licence area in Austria where previous underground drilling has returned high grade results including 2.7m at 44.0g/t of gold. It is estimated that this programme will take 3 months to complete. \n \n\"On a wider project level, once the drilling at the Rotgulden underground mine is underway we will move our focus back to the Altenberg target. This area has not been subject to modern exploration techniques previously, but has already yielded grades of 86.4 g/t gold through rock chip sampling so we look forward to testing these at depth. \n \n\"Following the frustrating but unavoidable delays experienced due to severe and long-lasting weather conditions during the winter months, I look forward to now providing re...