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Confederation Reports on Additional Assays from their Mid-Summer Drilling Program at Newman Todd: 9.5 meters grading 10.39 g/t gold including 0.5 meters at 103 g/t gold
(via Thenewswire.ca) Vancouver, B.C.; August 28 th , 2013; Confederation Minerals Ltd. (...
About this update from Renegade Gold Inc.
[{"type":"text","content":"Confederation Reports on Additional Assays from their Mid-Summer Drilling Program at Newman Todd: 9.5 meters grading 10.39 g/t gold including 0.5 meters at 103 g/t gold(via Thenewswire.ca)\n\n \nVancouver, B.C.; August 28th, 2013; Confederation Minerals Ltd. (TSX.V:CFM; OTCQX:CNRMF): (\"Confederation\" or the \"Company\") is pleased to announce assay results from three additional holes of their 2013 summer drilling program at their Newman Todd gold project in the Red Lake District, northern Ontario. Confederation has the right to earn a 70% interest in the project from Redstar Gold Corp. (TSXV:RGC).\n\n\n \nHoles NT-152, NT-153 and NT-154 were drilled into the structural zone known as the Newman Todd Structure (\"NTS\") in the northeast of an area referred to as the \"Hinge Zone\". The NTS is a zone of quartz-carbonate alteration and brecciation reaching over 200 meters in width and exceeding 2 km in strike length within the property boundaries. Highlights include wide intervals such as 3.0 meters grading 12.42 g/t gold; 9.50 meters grading 10.39 g/t gold; 4.0 meters grading 15.70 g/t gold; as well as shorter intervals grading up to 98.6, 28.8, 35.0, 57.05, and 103.0 g/t gold respectively. Much wider, lower-grade intervals, such as 13.0 meters grading 3.11 g/t gold are potentially indicative of halos to higher-grade mineralized sections or \"shoots\".\n\n\n \nFor a complete description of the geological setting, local geology, a list of drill holes completed to date along with assay results for all drill holes, please refer to the Company's web site at www.confederationmineralsltd.com. Results from the first drill hole of the current drilling phase were reported on in a press release issued by the Company on August 23, 2013. Included in this previous press release are potential \"going forward\" plans for advancing the exploration on this advanced-stage, gold-bearing discovery, and the reader is referred to that recent document.\n\n\n \nThe most recent, and up-to-date results returned from the on-going Newman Todd drilling are listed below:\n\n\n \n\n ---------------------------------------------------------\n |Hole |  |From (m)|To (m)|Width (m)|Au (g/t)|\n |ID | | | | | |\n |-------------------------------------------------------|\n |NT-152|  |253.0 |254.0 |1.0 |3.26 |\n |----------------------------------------------...