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Significant Gold Mineralisation at Austrian Lic...
Significant Gold Mineralisation at Austrian Lic....
About this update from Empire Metals Limited
[{"type":"text","content":"\n \n Noricum Gold Limited / EPIC: NMG / Sector: Natural Resources \n\n5 September 2011\n\n Noricum Gold Limited (`Noricum Gold' or `the Company') \n\n Significant Gold Mineralisation at Kliening, Altenberg & Schurfspitze \n\nNoricum Gold Limited, the Austrian focussed gold exploration and development\ncompany, is pleased to announce significant gold (`Au') results from the first\nphase of drilling at its 49 sq km Kliening gold project, as well as new high\ngrade samples from the Altenberg Valley and Schurfspitze areas within the 51 sq\nkm Rotgülden gold project licence area. Furthermore, high grade silver (`Ag')\nand copper (`Cu') results were present with the high grade gold results\ndemonstrating the multi element potential of these projects.\n\nHighlights\n\n * Highly encouraging shallow high grade Au results at Kliening\n \n * BB-07-01 included 12.52 g/t Au over 0.5 metres and 4.71 g/t over 0.5\n metres. Infill samples currently being processed\n \n * Eight grab samples taken from the Altenberg Valley returned values up to\n 2.53 g/t Au, 428.4 g/t Ag, 1.47% Cu - all samples were mineralised\n \n * Samples taken from the mineralised lode at Schurfspitze included 5.60g/t Au\n with 41.5 g/t Ag, and 4.45 g/t Au with 5.6 g/t Ag\n \n * Results indicate a total strike length of approximately 8 kilometres from\n the previously producing Rotgülden mine through the Altenberg Valley to\n Schurfspitze and underpin potential for these exciting gold projects\n \n * Drilling has now commenced at Rotgülden\n \nNoricum Gold Managing Director Greg Kuenzel said, \"The initial positive results\nfrom Kliening indicate that high grade gold, silver and copper mineralisation\nis present close to surface, which provides further confidence in our\ngeological model and assumptions regarding the expanding potential of the\nproject area.\n\n\"Most exciting were the four samples taken from the lode at Schurfspitze, which\nappears to have similarities to the mineralised system at the Rotgülden mine.\nBoth Altenberg and Schurfspitze are relatively unexplored areas of the\nRotgülden project area and we believe they represent a continuation of the\nmineralisation from the Rotgülden mine through the Altenberg Valley to\nSchurfspitze along a total strike length of approximately 8 kilometres.\n\n\"With the initial results from our brief reconnaissanc...