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Giyani Gold Discovers New Western Extension to the Klein Letaba Trend - Giyani, Limpopo, South Africa
OAKVILLE, ON, Oct. 31, 2012 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") has disco...
About this update from Giyani Metals Corp
[{"type":"text","content":"\n\n\n\n\n\nOAKVILLE, ON, Oct. 31, 2012 /CNW/ - Giyani Gold Corp. (TSXV: WDG)\n (\"Giyani Gold\") has discovered new gold bearing zones on its Klein\n Letaba-Frankie property. The discovery occurred in drill hole KL12-06,\n located 800m west of the gold discovery from hole KL12-01 (see news\n release dated September 7, 2012.) Drill hole KL12-06 intersected three\n zones, two of which are new discoveries (\"Pyrite Zone\" and \"Quartz\n Zone\"), and a previously discovered zone (\"Middle Zone\") (see news\n release dated October 17, 2012.)\n\n\n1.541 g/tonne Au over 10m - from 23m to 33m (Pyrite Zone)\n\n\n0.919 g/tonne Au over 10m - from 79m to 89m (Middle Zone)\n\n\n0.206 g/tonne Au over 29.5m - from 103.5 to 141m (Quartz Zone)\n\n\nIncluding:\n\n\n2.088 g/tonne Au over 6m (Pyrite Zone)\n\n\n7.66 g/tonne Au over 1.6m (Middle Zone)\n\n\n\n\n\nThe true width of these intercepts is estimated to be 66% of the cored\n length containing the assays. Additional holes are required to\n establish the true width of the intercepts.\n\n\n\"The newly discovered zones in Hole KL12-06 show potential for\n discovering other similar deposits along the Klein Letaba trend.\" said\n R.S. Middleton, VP of Exploration for Giyani Gold Corp. \"They also\n indicate a new class of deposit with wider width potential.\"\n\n\nFollowing the completion of the current phase of Giyani Gold's\n drill-program, it is management's intent to drill step out holes to\n trace this new zone.\n\n\nAssay results from Hole KL12-06 are summarized in the following tables:\n\n\nMiddle Zone\n\n\nHole\n\n \n\nSample\n\n \n\nDepth\n\n \n\nSample\n\n \n\nAu-AA23\n\n \n\nCheck Assay\n\n \n\nRe-Check Assay\n\n\nNumber\n\n \n\nNumber\n\n \n\nFrom (m)\n\n \n\nTo (m)\n\n \n\nLength\n\n \n\nAu g/tonne*\n\n \n\nAu g/tonne\n\n \n\nAu g/t*\n\n\nKL12-06\n\n \n\n12567\n\n \n\n23\n\n \n\n24\n\n \n\n1\n\n \n\n0.345\n\n \n\n \n\n \n\n0.250\n\n\nKL12-06\n\n \n\n12568\n\n \n\n24\n\n \n\n25\n\n \n\n1\n\n \n\n0.343\n\n \n\n \n\n \n\n0.640\n\n\nKL12-06\n\n \n\n12570\n\n \n\n25\n\n \n\n26.6\n\n \n\n1.6\n\n \n\n4.85\n\n \n\n3.76\n\n \n\n7.660\n\n\nKL12-06\n\n \n\n14339\n\n \n\n26.6\n\n \n\n28\n\n \n\n1.4\...