Business
Golden Dory Resources Corp. and partner Paragon Minerals Corporation are pleased to announce Final Results from the recently completed 14 hole, 3016 meter Diamond Drill Program at the Huxter Lane Gold Project
Golden Dory Resources Corp. and partner Paragon Minerals Corporation are pleased to announce Fina...
About this update from Goldmoney Inc.
[{"type":"text","content":"\nGolden Dory Resources Corp. and partner Paragon Minerals Corporation are pleased to announce Final Results from the recently completed 14 hole, 3016 meter Diamond Drill Program at the Huxter Lane Gold Project\n\n\n Jul. 22, 2010 (TheNewswire.ca) -- GANDER, NEWFOUNDLAND - July 22, 2010 - Golden Dory Resources Corp. (TSXV:GDR)(\"Golden Dory\") and partner Paragon Minerals Corporation (OOTC:PAONF) (TSXV:PGR) are pleased to announce final results from the recently completed 14 hole, 3016 meter diamond drill program at the Huxter Lane gold project in central Newfoundland. Highlights include:-Step out holes intersect up to 115 metres of mineralization including multiple zones of + 1 g/t gold-Deposit expanded by up to 150 metres up dip and 250 metres down dip-Revised NI 43-101 resource estimate underway with results expected early fallAssays have now been received for all of the 14 holes completed at the Mosquito Hill deposit, part of the Huxter Lane property under option from Paragon Minerals Corporation. Highlights of the full program are tabled below. Complete Phase 1 results are available at www.goldendoryresources.com\nHX-10-47* From (m) To (m) Length (m) g/t Au Grams x Meters \nDip -55o 77.00 145.00 68.00 0.78 53.04 \n incl. 78.00 108.00 30.00 1.02 30.60 \n and 83.00 87.00 4.00 2.18 8.72 \n \nHX-10-50* 68.58 80.00 11.42 0.56 6.39 \nDip -45o incl. 75.32 80.00 4.68 1.02 4.77 \n 91.00 201.00 110.00 0.50 55.00 \n incl. 91.00 101.00 10.00 1.52 15.20 \n and 120.00 130.87 10.87 1.13 12.28 \n \nHX-10-52* 72.50 155.00 82.50 0.56 46.20 \nDip -45o incl. 102.00 148.00 46.00 0.70 32.20 \n and 102.00 120.00 18.00 1.01 18.18 \n \nHX-10-55 212.00 274.00 62.00 0.70 43.42 \nDip -45o incl. 218.00 242.00 24.00 1.00 24.00 \n \nHX-10-58 210.00 325.04 115.04 0.46 53.10 \nDip -70o incl. 210.00 220.45 10.45 1.18 12.40 \n and 294.13 320.04 25.91 0.64 16.50 \n incl. 303.18 311.09 7.91 1.10 8.70 \n* Previously released results.The Mosquito Hill deposit has NI 43-101 compliant resources (prepared by Giroux Consultants) which include an indicated resource of 4.47 million tonnes averaging 0.526 g/t Au for 75,600 ounces gold, and an inferred resource of 32.9 million tonnes averaging 0.461 g/t Au for 488,800 ounces gold at a cutoff of 0.30 grams per tonne gold. Over 90% of the existing resource estimate occurs at depths shallower than 200 metres below surface ...