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Resouro Releases Further High-Grade Drill Results from Its Novo Mundo Project, Brazil
Hole 10 returns 16.21 m grading 2.97 g/t gold, including 2.29 m grading 11.4 g/t gold and 1.08 m ...
About this update from Resouro Strategic Metals Inc
[{"type":"text","content":"Resouro Releases Further High-Grade Drill Results from Its Novo Mundo Project, BrazilHole 10 returns 16.21 m grading 2.97 g/t gold, including 2.29 m grading 11.4 g/t gold and 1.08 m grading 19.93 g/t goldVancouver, British Columbia--(Newsfile Corp. - December 13, 2022) - Resouro Gold Inc. (TSXV: RAU) (\"Resouro\" or the \"Company\") is pleased to announce further drill results from its exploration program at the flagship Novo Mundo Project located in the prolific Alta Floresta Gold Belt in north-central Brazil. Hole NMDD 010, located between the main Dionísio and Luisão pits, returned 16.21 m @ 2.97 g/t gold (Au) at a depth of 55.9 m, including 2.29 m @ 11.4 g/t Au at 55.9 m and 1.08 m @ 19.93 g/t Au at 71.03 m. Drill Hole 10 was drilled between the previously announced high-grade NMDD 002 and the historical FNV 009, confirming the presence of multiple ore shoots along the structure.Resouro Drill Hole 1016.21 m @ 2.97 g/t gold from 55.9 mincluding 2.29 m @ 11.4 g/t Au from 55.9 m and 1.08 m @ 19.93 g/t Au from 71.03 m Resouro Drill Hole 2Located 200 m to the west of Drill Hole 1011.65 m @ 5.11 g/t gold from 65.89 mincluding2.5 m @ 8.09 g/t Au from 66.39 m and 4.6 m @ 6.30 g/t Au from 72.94 mHistoric Drill Hole FNV 009Located 84 m to the east of Drill Hole 106.61 m @ 5.47 g/t Au from 62.73 m including 5.26 m @ 6.82 g/t Au from 64.08 m Further drill results are pending.  Figure 1 - NMDD 010 cross section showing best composites, location, and the mineralized core To view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/5944/147784_aa4a1642f443c8b2_001full.jpgResouro's preliminary exploration program was designed to target the definition and confirmation of the multiple ore shoot model, as common in the epithermal systems and in the regional deposits. For that, extensive grab rock chip sampling was executed in parallel with the preliminary drilling program. Both the drilling program and rock chip sample results confirm the model of multiple outcropping high-grade ore shoots along parallel structures at the Luisão-Dionísio Target, with three high-grade ore shoots already defined and reported in this round of drilling. Channel samples and rock chip samples at surface indicate that the mineralization in these intercepts may have continuity all the way to the surface...