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Royal Road Minerals Announces Initial Results from Its 4-hole Scout Drilling Program at the La Golondrina Gold Project; Colombia
TORONTO, ON / ACCESSWIRE / January 9, 2017 / Royal Road Minerals Limited (TSXV: RYR) ("Royal...
About this update from Royal Road Minerals Limited
[{"type":"text","content":"Royal Road Minerals Announces Initial Results from Its 4-hole Scout Drilling Program at the La Golondrina Gold Project; ColombiaTORONTO, ON / ACCESSWIRE / January 9, 2017 / Royal Road Minerals Limited (TSXV: RYR) (\"Royal Road Minerals\", \"Royal Road\" or the \"Company\") a gold and copper focused mineral exploration and development company, announces results from the first three diamond drill holes of its four-hole exploration scout-drilling program at the La Golondrina Gold Project, Nariño Province Colombia. All reported intersections are down-hole widths as true widths cannot be determined from the currently available information.\nResults for drill holes GOL-16-01, GOL-16-02 and partial results for GOL-16-03 are presented in Table 1 and a map and cross-section of drill holes is presented in Figure 1. Results for the remainder of GOL-16-03 and those for the fourth drill hole, GOL-16-04, are currently in the laboratory.\nThis was the first exploration scout drilling program ever to be completed at La Golondrina and in the immediate region which includes the Company's nearby La Redención gold project and many other high-grade, small-scale gold mines. Drill holes targeted subhorizontal stacked quartz-carbonate veins and veinlet systems hosted in very strongly altered (biotite, amphibole, silica) tonalite and hornfelsed sediments with corresponding ground magnetic and induced polarization anomalies. Higher grade gold intersections (e.g. GOL-16-02; 47.8 grams per tonne gold over 0.25m), with elevated bismuth and copper are associated with quartz-carbonate pyrrhotite veins up to 30cm wide and lower grade, broad intercepts (e.g. GOL-16-02; 24.9 meters at 1.0 grams per tonne, 14.3 meters at 1.0 grams per tonne and entire drill hole, 195.2 meters at 0.4 grams per tonne gold) are generally related with stacked subhorizontal zones of decimeter-scale veins and shallow-dipping interconnecting veinlets and stringer zones.\nEvidence from previous underground saw-cut channel sampling (see press release March 1st, 2016) indicates that gold mineralization at La Golondrina is very coarse-grained and irregular such that assay results are consequently highly variable. In some cases, gravimetric repeat assays of drill samples returned up to ten-times more gold than the corresponding fire assay. However, gold mineralization was notably c...