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Calidus - Driling results at Satellite Deposits
Calidus - Driling results at Satellite Deposits.
About this update from Keras Resources Plc
[{"type":"text","content":"\n \nRNS Number : 4148W Keras Resources PLC 14 November 2017 \n\nKeras Resources plc / Index: AIM / Epic: KRS / Sector: Mining\n14 November 2017\nKeras Resources plc ('Keras')\nCalidus announces high grades intersected at Satellite Deposits\n \nKeras Resources plc, the AIM listed mineral resource company, is pleased to provide an update following an announcement published by Calidus Resources Limited ('Calidus'), in which Keras currently holds a 217.25m shares, which will increase to 723.75m shares as and when Calidus meets certain exploration milestones. Calidus has announced that it has intersected significant widths and grades of gold mineralisation at the Fielding's Gully and Copenhagen deposits that are now wholly owned, following the recently completed purchase of the Haoma tenements. Calidus has now received all reverse circulation (RC) drill results from the recently completed programme. \n \nHIGHLIGHTS\nSignificant gold intercepts grading greater than 10 gram-metres include:\n \nFielding's Gully\n• 16m @ 3.52g/t Au (incl 1m @ 10.85g/t and 1m @ 22.0g/t) from 71m in hole 17FGRC005.\n• 21m @ 1.85g/t Au (incl 1m @ 10.3g/t) from 55m in hole 17FGRC006\n• 8m @ 3.97g/t Au from 22m in hole 17FGRC007\n• 11m @ 2.62 g/t Au (incl 1m @ 19.75g/t) from 25m in hole 17FGRC004\n• 11m @ 2.00g/t Au from 25m in hole 17FGRC003\n• 11m @ 1.74g/t Au from 28m in hole 17FGRC008\n• 7m @ 2.42g/t Au (incl 1m @ 11.97g/t) from 35m in hole 17FGRC007\n \nCopenhagen\n• 18m @ 4.35g/t Au (incl 1m @ 13.8g/t and 2m @ 11.41g/t) from 46m in hole 17CPRC009\n• 2m @ 8.23g/t Au (incl 1m @ 10.12g/t) from 27m in hole 17CPRC002\n• 2m @ 5.22g/t Au from 56m in hole 17CPRC004\n \nA total of 9 holes for 596m was completed at Fielding's Gully and 1...