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High Grade Drill Results from Homase/Akrokerri
High Grade Drill Results from Homase/Akrokerri.
About this update from Goldstone Resources Limited
[{"type":"text","content":"\n \nRNS Number : 1611M Goldstone Resources Ltd 11 August 2011 \n \n\nGOLDSTONE RESOURCES LTD\nHIGH GRADE DRILL RESULTS FROM THE HOMASE/AKROKERRI PROJECT, ASHANTI GOLD BELT, GHANA\nKey Points\n· All initial drill results confirm the extension of the high grade gold shoot under the northern part of the Homase pit\n· Best results include 13.6 metres at 5.9 g/t and 8.5 metres at 9.5 g/t gold\n· Ongoing drilling will continue to test down dip and along strike for further extensions to the current 405,600 ounce gold resource\n· A second phase drilling programme of 4,500 metres is planned \n· Homase licence extended to July 2012\n \nGoldStone Resources Ltd (\"GoldStone\" or the \"Company\"), the West and Central Africa focused gold exploration company, is pleased to announce results for the first five drill holes targeted at down-dip extensions of GoldStone's 405,600 ounce gold resource at the Homase/Akrokerri project, Ghana.\nAll five drill holes intersected significant gold mineralisation and confirmed that the targeted high-grade gold shoot under the northern part of the previously mined Homase open pit extends to a depth of at least 140 metres below the bottom of the dormant pit. A summary of the drill results is tabled below.\n\n\n\n\nDrill hole\n\n\nFrom (m)\n\n\nTo (m)\n\n\nWidth (m)*\n\n\nGold Grade (g/t)\n \n\n\n\n\n11HMRD001\nincluding\n \n\n\n159\n\n\n172.6\n\n\n13.6\n8.3\n\n\n5.9\n7.2\n\n\n\n\n11HMRD002\nincluding\n \n\n\n158\n\n\n171\n\n\n13.0\n10.0\n\n\n6.4\n8.2\n\n\n\n\n11HMRD003\n \n \n\n\n181\n\n\n189.5\n\n\n8.5\n\n\n9.5\n\n\n\n\n11HMRD004\nincluding\n \n\n\n142\n\n\n150\n\n\n8.0\n6.0\n\n\n4.9\n6.5\n\n\n\n\n11HMRD005\nincluding\n \n\n\n177\n\n\n190\n\n\n13.0\n6.5\n\n\n4.7\n8.9\n\n\n\n\n \n* The widths given in the table are down-hole widths.\nThe gold mineralisation is hosted by greywacke which occurs within a succession of sheared phyllites. Importantly, the ore zone is easily identifiable by graphitic marker horizons at the base and top of the mineralised unit. \nTo date seven drill holes totalling 1,578 metres, being the first phase of a 4,500 metre drill programme, have been completed. All holes intersected the targe...