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Exeter Reports on 14 New Drill Holes at Cerro Moro
Exeter Reports on 14 New Drill Holes at Cerro Moro
About this update from Kinross Gold Corporation
[{"type":"text","content":"\nExeter Reports on 14 New Drill Holes at Cerro Moro\n\n\n Jul. 29, 2009 (TheNewswire.ca) -- Vancouver, B. C., July 29, 2009 - Exeter Resource Corporation (AMEX:XRA) (TSXV:XRC) (AMEX:XRA, TSX-V:XRC, Frankfurt: EXB - \"Exeter\" or the \"Company\") is pleased to report on progress from its in-fill drilling program on the high grade Escondida vein at Cerro Moro in Santa Cruz Province, Argentina.Assays from a batch of 14 diamond drill holes on the Escondida vein include bonanza grades in drill holes MD475 and MD479, two holes that represent extensions to reported high grade mineralization in the Escondida Far West sector. This portion of the Escondida vein accounts for approximately 40% of the currently defined Escondida Zone resource.Detailed drilling results using a 1 g/t gold equivalent* cut-off grade:\nDrill Hole From(m) To(m) Width(m) Gold(g/t) Silver(g/t) Gold Equivalents*(g/t) Gold Equivalents*(oz/ton) \nEscondida West Sector \nMD467 165.60 166.94 1.34 11.1 384 16.5 0.48 \nincluding 166.06 166.59 0.53 26.0 880 38.6 1.12 \nEscondida Far West Sector \nMD468 62.00 64.60 2.60 13.6 675 23.2 0.67 \nincluding 62.80 64.00 1.20 26.1 1,221 43.6 1.26 \nMD469 122.60 129.12 6.52 6.6 310 11.1 0.32 \nincluding 125.86 128.36 2.50 14.9 694 24.9 0.72 \nMD471 203.87 204.23 0.36 6.2 18 6.5 0.19 \nand 205.91 206.58 0.67 8.5 1,303 27.1 0.79 \nMD474 131.00 133.10 2.10 5.1 562 13.1 0.38 \nincluding 131.00 131.65 0.65 14.0 1,653 37.6 1.09 \nMD475 138.75 140.25 1.50 63.3 5,111 136.3 3.95 \nincluding 139.36 139.80 0.44 138.0 8,085 253.5 7.35 \nMD476 149.65 151.80 2.15 4.1 324 8.7 0.25 \nincluding 149.65 150.20 0.55 8.6 532 16.2 0.47 \nMD479 114.00 115.35 1.35 5.8 562 13.8 0.40 \nand 117.95 119.15 1.20 138.9 4,978 210.0 6.09 \nincluding 117.95 118.60 0.65 203.9 8,432 324.4 9.41 \nMD480 194.85 195.15 0.30 4.0 405 9.7 0.28 \nMD481 176.40 180.00 3.60 5.5 581 13.8 0.40 \nincluding 177.63 178.25 0.62 26.3 2,840 66.9 1.94 \nincluding 177.93 178.25 0.32 47.1 5,382 124.0 3.60 \nMD483 232.00 233.00 1.00 6.8 83 8.0 0.23 \nand 238.20 239.08 0.88 5.9 21 6.2 0.18 \nMD484 159.34 160.54 1.20 3.2 88 4.5 0.13 \nMD487 21.00 22.30 1.30 2.1 68 3.0 0.09 \nMD489 10.45 11.80 1.35 5.6 8 5.7 0.17 \n* Gold equivalent grade is calculated by dividing the silver assay result by 70, adding it to the gold value and assuming 100% metallurgical recovery.Exeter recently announced an ini...