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Drilling Results from Ngoutou Project in Gabon

Drilling Results from Ngoutou Project in Gabon.

articleGoldstone Resources LimitedJuly 4, 20135/company/goldstone-resources-ltd/news/drilling-results-from-ngoutou-project-in-gabon
Drilling Results from Ngoutou Project in Gabon

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[{"type":"text","content":"\n \nRNS Number : 5664I Goldstone Resources Ltd 04 July 2013  \n \n\nGOLDSTONE RESOURCES LIMITED\n(\"GoldStone\" or the \"Company\")\n \nPositive Drill Results from the Ngoutou Project in Gabon\nGoldStone (AIM: GRL), the AIM quoted company focused on gold exploration in West and Central Africa, is pleased to provide assay results for its recently completed drilling campaign at the Company's 100% owned Ngoutou Project in Gabon.\nHighlights:\n·     Wide gold mineralisation discovered in the first two drill holes covering 120 metres of strike\n·     Results include 16 metres @ 1.3 g/t gold (including 2 metres @ 5.6 g/t), 33.5 metres @ 0.4 g/t and 32 metres @ 0.4 g/t\n·     Mineralisation remains open in all directions and requires additional drilling\nExploration Director Dr. Hendrik Schloemann commented: \"The first results from this limited drilling programme are very positive as they confirm that this large Archean system contains wide zones of gold mineralisation.  To date we have tested only 140 metres of strike length out of a total of 15 km and future work along strike may still uncover the best parts of this gold trend.\"\nThe Company has received the assay results for its initial three hole diamond drilling campaign (535 metres) completed in May 2013 along two drill traverses which targeted a small portion of the central part of the 15 km long gold-in-soil anomaly at Ngoutou.  Best results include 16 metres @ 1.3 g/t gold (including 2 metres @ 5.6 g/t) and 33.5 metres @ 0.4 g/t in hole 13NGDD001 and 32 metres @ 0.4 g/t in hole 13NGDD002.\nSections along the drill traverses are shown at: http://www.rns-pdf.londonstockexchange.com/rns/5664I_1-2013-7-3.pdf\n \nBest results are summarised in the table below:\n\n\n\n\nBore hole\n\n\nWidth (m)\n\n\nAu (g/t)**\n\n\nFrom (m)\n\n\n\n\n13NGDD001\n\n\n16.0\n\n\n1.3\n\n\n37\n\n\n\n\nincluding\n\n\n2.0\n\n\n5.6\n\n\n37\n\n\n\n\n13NGDD001\n\n\n1.0\n\n\n1.9\n\n\n84\n\n\n\n\n13NGDD001\n\n\n33.5\n\n\n0.4\n\n\n187\n\n\n\n\nincluding\n\n\n2.0\n\n\n2.2\n\n\n192\n\n\n\n\nincluding\n\n\n1.0\n\n\n0.9\n\n\n198\n\n\n\n\nincluding\n\n\n1.0\n\n\n0.7\n\n\n207\n\n\n\n\nincluding\n\n\n4.5\n\n\n0.6\n\n\n216\n\n\n\n\n13NGDD002\n\n\n32.0*\n\n\n0.4\n\n\n1\n\n\n\n\nincluding\n\n\n3.0\n\n\n1.9\n\n\n20\n\n\n\n\nincluding\n\n\...

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