Business

Midas Gold Reports Additional Drill Results from its 2011 Program at its Golden Meadows Project, Idaho

Hole MGI-11-61 intersects 104.9m @ 1.86 g/t Au 1.2 g/t Ag Hole MGI-11-64 intersects 36.6m ...

articlePerpetua Resources Corp.September 7, 20113/company/perpetua-resources-corp-1/news/midas-gold-reports-additional-drill-results-from-its-2011-program-at-its-golden-meadows-project-idaho
Midas Gold Reports Additional Drill Results from its 2011 Program at its Golden Meadows Project, Idaho

About this update from Perpetua Resources Corp.

[{"type":"text","content":"\n\n\n\n\n\nHole MGI-11-61 intersects 104.9m @ 1.86 g/t Au 1.2 g/t AgHole MGI-11-64 intersects 36.6m @ 2.21 g/t Au 35.0 g/t AgHole MGI-11-70 intersects 38.1m @ 2.84 g/t Au 54.4 g/t Ag\n\n\nVANCOUVER, Sept. 7, 2011 /CNW/ - Midas Gold Corp. (MAX:TSX) today announced additional assay results from its ongoing core and\n reverse circulation (\"RC\") drilling program on the Hangar Flats and\n Yellow Pine deposits at the Golden Meadows Project in the\n Stibnite-Yellow Pine District, Idaho. A total of 36 holes have been\n completed so far in 2011. Assays are available for the first eleven\n holes completed this year. Highlights of assays from the first four\n drill holes were previously reported on August 18, 2011 and highlights\n for an additional six holes are summarized in Table 1 below, with more\n detailed results, plus silver values, for all eleven holes in Table 2\n at the end of this release. Additional results from the ongoing\n program, including other potential by-product values, will be released\n when assays are received and validated.\n\n\n    Table 1:  Highlights of Recent Preliminary(1) Assay Results from Golden Meadows \n\nHole ID\n\n\nType\n\n\nTarget Area\n\n\nFrom(m)\n\n\nTo(m)\n\n\nInterval(m) (2)\n\nGold(g/t)\n\n\nSilver(g/t)\n\n\nMGI-11-60\n\n\nCore\n\n\nYellow Pine\n\n\n43.3\n\n\n92.8\n\n\n49.5\n\n\n2.07\n\n\n1.54\n\n\nAnd\n\n\n \n\n\n \n\n\n105.2\n\n\n154.8\n\n\n49.7\n\n\n1.46\n\n\n1.16\n\n\nMGI-11-61\n\n\nCore\n\n\nYellow Pine\n\n\n62.8\n\n\n167.6\n\n\n104.9\n\n\n1.86\n\n\n1.21\n\n\nMGI-11-64(3)\n\nCore\n\n\nYellow Pine - Clark Tunnel area\n\n\n84.4\n\n\n90.5\n\n\n6.1\n\n\n3.39\n\n\n6.47\n\n\nAnd\n\n\n \n\n\n \n\n\n103.0\n\n\n139.6\n\n\n36.6\n\n\n2.21\n\n\n35.01\n\n\nMGI-11-67\n\n\nCore\n\n\nHangar Flats\n\n\n10.1\n\n\n21.0\n\n\n11.0\n\n\n1.80\n\n\n1.41\n\n\nAnd\n\n\n \n\n\n \n\n\n25.3\n\n\n61.6\n\n\n36.3\n\n\n1.72\n\n\n3.98\n\n\nAnd\n\n\n \n\n\n \n\n\n72.5\n\n\n79.7\n\n\n7.2\n\n\n1.85\n\n\n3.75\n\n\nMGI-11-68RC\n\n\nRC\n\n\nYellow Pine - Clark Tunnel area\n\n\n70.1\n\n\n103.6\n\n\n33.5\n\n\n1.91\n\n\n3.31\n\n\nMGI-11-70RC\n\n\nRC\n\n\nYellow Pine - Clark Tunnel area\n\n\n83.8\n\n\n121.9\n\n\n38.1\n\n\n2.84\n\n\n54.43\n\n\n(1) Results are deemed preliminary until final assay certificates are\n issued.(2) Based upon the current 3D interpretation of...

More updates from Perpetua Resources Corp.