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EXETER REPORTS ON 50 NEW DRILL HOLES AT CERRO MORO
EXETER REPORTS ON 50 NEW DRILL HOLES AT CERRO MORO
About this update from Kinross Gold Corporation
[{"type":"text","content":"\nEXETER REPORTS ON 50 NEW DRILL HOLES AT CERRO MORO\n\n\n Sep. 1, 2009 (TheNewswire.ca) -- Vancouver, B. C., September 1, 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 on its in-fill drilling of the high grade Escondida Vein at Cerro Moro, Santa Cruz Province, Argentina.Results have now been received from 50 diamond drill holes from the Escondida West, Central and East sectors, with the results of an additional 45 drill holes from these sectors awaited. 33 of the drill holes have returned significant results, with 9 holes returning the bonanza (multi-ounce) gold and silver grades that characterize Escondida. The highlights are shown in the following table.Selected bonanza grade drilling results using a 1 gram per tonne (\"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) \nMD492 10.00 14.60 4.60 101.1 2,507 136.9 3.97 \nincluding 11.92 13.30 1.38 323.1 7,349 428.1 12.41 \nMD493 44.50 46.60 2.10 42.9 1,247 60.8 1.76 \nincluding 44.90 45.90 1.00 71.1 2,100 101.1 2.93 \nincluding 50.56 50.92 0.36 40.3 804 51.8 1.50 \nMD499 7.00 13.60 6.60 32.5 555 40.4 1.17 \nincluding 9.20 13.10 3.90 53.7 900 66.6 1.93 \nincluding 9.60 10.90 1.30 111.7 2,012 140.5 4.07 \nMD501 30.00 31.00 1.00 12.0 9 12.1 0.35 \nand 48.00 52.85 4.85 12.7 109 14.3 0.41 \nincluding 48.64 49.00 0.36 75.0 499 82.1 2.38 \nMD529 13.00 18.60 5.60 9.5 249 13.0 0.38 \nincluding 15.84 16.41 0.57 83.9 1,303 102.5 2.97 \nMD530 17.50 20.27 2.77 28.8 420 34.8 1.01 \nincluding 17.90 18.47 0.57 135.4 1,499 156.8 4.55 \nMD534 11.33 13.88 2.55 32.4 1,570 54.8 1.59 \nincluding 11.63 12.12 0.49 160.4 7,272 264.3 7.66 \nMD538 36.00 37.00 1.00 8.4 2 8.5 0.25 \nand 48.66 51.00 2.34 83.2 2,257 115.5 3.35 \nincluding 48.66 48.96 0.30 465.5 16,625 703.0 20.39 \nMD549 53.40 56.04 2.64 39.5 458 46.0 1.33 \nincluding 55.24 55.54 0.30 333.7 3,861 388.9 11.28 \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.Click here to view a table showing the 33 drill holes that contain significant resultsOf the remaining 17 diamond drill holes completed, 10 holes returned narrow and/or low grade inte...