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San Gold Confirms High Grade at Deep Rice Lake

San Gold Confirms High Grade at Deep Rice Lake.

articleSan Gold CorporationNovember 20, 20133/company/san-gold-corporation/news/san-gold-confirms-high-grade-at-deep-rice-lake
San Gold Confirms High Grade at Deep Rice Lake

About this update from San Gold Corporation

[{"type":"text","content":"\n \n \n San Gold Confirms High Grade at Deep Rice Lake\n \n \nSan Gold Confirms High Grade at Deep Rice Lake\n \n WINNIPEG, MANITOBA--(Marketwired - Nov 20, 2013) - San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) today provided updated drilling results from its underground program on 26 Level of the Rice Lake mine. \n Drilling results at the eastern extent of the 710 zone continue to return high grade gold values over significant widths. This newly discovered 710 HW zone is located in the hanging wall of the 710 zone and is interpreted to be the down dip extension of the 007 zone. The 710 HW zone is within 100 metres of the new 26 level development and is therefore easily accessible. Recent highlights include drill hole 614-13-023 which returned 23.8 g/t Au over 13.9 metres and drill hole 614-13-024 which returned 8.8 g/t Au over 26.9 metres. \n \"We are extremely pleased with the success of the 710 HW drilling program which continues to expand this zone of gold mineralization. This zone represents an excellent opportunity to provide high grade incremental mill feed and to increase overall grade going forward. Capital expenditure to develop this region is expected to be minimal as mining has already commenced,\" said Ian Berzins, San Gold's President, CEO and Chief Operating Officer.\n Initial interpretation of the 710 HW zone indicates true thickness to be between 30% and 70% of core length. This will be confirmed as mining operations proceed in this region. The following table provides recent highlights of this drilling.\n \n \n \n Hole Number\n Zone\n From\n (m)\n To\n (m)\n Core Length\n (m)\n Grade* \n (g/t Au)\n Depth\n (m)\n \n \n 614-13-023\n 710 HW\n 54.1\n 68.0\n 13.9\n 23.8\n 1156\n \n \n \n Including\n 57.7\n 63.2\n 5.5\n 53.3\n \n \n \n 614-13-024\n 710 HW\n 71.2\n 98.1\n 26.9\n 8.8\n 1159\n \n \n \n Incl.\n 71.2\n 77.5\n 6.3\n 13.9\n \n \n \n \n Incl.\n 82.8\n 89.6\n 6.9\n 14.7\n \n \n \n \n Incl.\n 95.8\n 98.1\n 2.3\n 22.9\n \n \n \n 614-13-025\n 710 HW\n 69.6\n 77.3\n 7.7\n 5.5\n 1184\n \n \n \n Incl.\n 69.6\n 71.7\n 2.1\n 13.5\n \n \n \n 614-13-026\n 710 HW\n 32.7\n 44.2\n 11.5\n 8.7\n 1182\n \n \n \n Incl.\n 35.2\n 39.9\n 4.7\n 18.6\n \n \n \n 614-13-009**\n 710 HW\n 72.2\n 73.6\n 1.5\n 9.5\n 1173\n \n \n \n 710 HW\n 98.6\n 102.7\n 4.1\n 14.7\n 1173\n \n \n 614-13-010**\n 710 HW\n 19.2\n 21.3\n 2.1\n 12.8\n 1172\n...

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