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South Atlantic Gold Announces Validation of Historical Diamond Drilling at Pedra Branca
(TheNewswire) Kelowna, British Columbia – TheNewswire - ...
About this update from South Atlantic Gold, Inc.
[{"type":"text","content":"South Atlantic Gold Announces Validation of Historical Diamond Drilling at Pedra Branca\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Kelowna, British\nColumbia –\n \n \n \n \n TheNewswire -\n \n \n \n \n February 16\n \n \n \n \n th\n \n \n \n \n ,\n2021 - SOUTH ATLANTIC GOLD INC. (TSXV:SAO)\n \n \n \n \n (OTC:JLRRF)\n \n \n \n (“\n \n \n \n South Atlantic”\n \n \n \n or the “\n \n \n \n Company”\n \n \n \n ) is pleased to\nannounce that all drill hole core sample results have been received\nfor the historic drilling validation program. The validation of\nhistoric drilling results represents a very important milestone for\nthe Company as these results can now be incorporated into the NI\n43-101 document currently being prepared as part of the earn-in with\nJaguar Mining Inc. (“\n \n \n Jaguar\nMining\n \n \n ”).\n \n \n \n \n Highlights:\n \n \n \n \n \n \n - All historic drill intercepts, representing over\n784.25 meters (“m”) of drill core, collected by previous operators\nhave successfully been validated.\n \n \n \n \n - Several high-impact historic results from the\nCoelhos-Queimadas Target validated as part of this program\ninclude\n \n \n 12.8 meters (“m”)\nof 7.38 grams per tonne (“g/t”) gold (“Au”) at (FCC002),\n12.85m of 5.23 g/t Au (FCC016) and 0.95m of 5.35 g/t Au at\n(FCW006)\n \n \n , all of which are being incorporated in\na geological model (click to see map at\n \n \n \n SouthAtlanticGold.com\n \n \n \n ).\n \n \n \n \n - Additional drill results from the Coelhos-Queimadas\nTarget, including several step-out drill holes, were completed during\nthis phase of work with assays pending.\n \n \n \n \n \n \n Douglas Meirelles\n \n \n , CEO and Director stated “\n \n \n We are very pleased with the completion of\nthis milestone with results that have exceeded our expectations. We\nhave now accomplished yet another step in our on-going exploration at\nPedra Branca. Our team is systematically checking the boxes as\noutlined in the Phase I Exploration Program. We look forward to the\ncompletion of the next catalyst at the Pedra Branca project: the\ncompletion of the expenditures required by the earn-in agreement with\nJaguar Mining.\n \n \n ”\n \n \n \n \n Marcelo Batelochi\n \n \n , Senior Explorati...