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Entrée Intersects 60m of 0.44% copper equivalent at Lordsburg, New Mexico
Entrée Intersects 60m of 0.44% copper equivalent at Lordsburg, New Mexico
About this update from Entree Resources Ltd
[{"type":"text","content":"\n\n\n\nOct. 8, 2009 (Canada NewsWire Group) -- VANCOUVER, Oct. 8 /CNW/ -- Entrée Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - \"Entrée\" or the \"Company\") has completed six additional drill holes, totaling 2,316 metres on the Lordsburg copper-gold porphyry project in New Mexico. Significant copper and gold results were intersected in four of the six holes and results are reported in the table below. Of particular note, a near surface intersection in hole EG-L-09-012 returned potentially economic grades of 0.25% copper and 0.15 g/t gold over 94 metres, with a copper equivalent* (CuEq) grade of approximately 0.35%, including 60 metres averaging 0.44% CuEq.Greg Crowe, Entrée's President and CEO commented, \"Some mines in the southwest United States have recorded average grades as low as 0.2 to 0.3% copper equivalent. Copper grades encountered in this recent round of drilling at Lordsburg are very encouraging. This is the first time we have seen potentially economic grades at this new copper-gold porphyry discovery.\"Drilling has now confirmed mineralization over a 600 x 600 metre area.-------------------------------------------------------------------------Interval Length Cu Au CuEq*Hole No. (m) (m) (%) (g/t) (%)-------------------------------------------------------------------------EG-L-08-008 280.0 - 332.0 52.0 0.18 0.05 0.21------------------------------------------------------------------------EG-L-09-010A 34.0 - 84.0 50.0 0.18 0.21 0.31-------------------------------------------------------------------------and 216.0 - 256.0 40.0 0.15 0.13 0.23-------------------------------------------------------------------------EG-L-09-011 28.0 - 66.0 38.0 0.15 0.20 0.28-------------------------------------------------------------------------EG-L-09-012 96.0 - 252.0 156.0 0.19 0.12 0.27-------------------------------------------------------------------------including 118.0 - 212.0 94.0 0.25 0.15 0.35-------------------------------------------------------------------------including 152.0 - 212.0 60.0 0.31 0.21 0.44-------------------------------------------------------------------------* Copper Equivalent (CuEq) has been calculated using assumed metalprices (US$1.35/pound for copper and US$650/ounce for gold);%CuEq. = %Cu+(g/t Au*18.98)/29.76.Additional drilling has also been completed at Gold Hill and exploration i...