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South Atlantic Gold trenches 6 meters of 7.19 g/t Au at Pedra Branca, Provides Corporate Update
(TheNewswire) Kelowna, British Columbia – TheNewswire - ...
About this update from South Atlantic Gold, Inc.
[{"type":"text","content":"South Atlantic Gold trenches 6 meters of 7.19 g/t Au at Pedra Branca, Provides Corporate Update\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 January 20, 2021 - SOUTH ATLANTIC GOLD INC. (TSXV:\nSAO)\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 results from its ongoing drilling and trenching campaigns and\nto provide a corporate update.\n \n \n \n \n HIGHLIGHTS\n \n \n \n \n \n \n \n - 1,826 meters\n(“m”)\n \n \n \n \n of RC drilling have been completed as of\n10 January 2021, resulting in over 1,300 samples. Assay results have\nbeen reported for\n \n \n \n \n 293 samples to date\n \n \n \n \n . The\ncompleted program is estimated to consist of 5,800 samples from 5,300\nm of drilling.\n \n \n \n \n \n \n -\nMore than\n \n \n \n \n 7,497 m of trenching\n \n \n \n \n has\nbeen completed to date, generating more than 3,483 samples and 2,662\nassay results.\n \n \n \n \n \n \n -\nHistorical\n \n \n \n \n drilling validation\n \n \n \n \n has\nbeen completed in the central area of the tenements at Queimadas and\nCoelhos targets.\n \n \n \n \n Laboratory assay results are pending\n \n \n \n \n .\n \n \n \n \n \n - The Igrejinha target continues to be the main focus\nof the RC drilling program, with\n \n \n PB-RC-002 returning 1 m grading 5.9 grams per tonne\n(“g/t”)\n \n \n from 22 m depth, and PB-RC-003A\nintercepting\n \n \n 3 m at 1.13 g/t\nAu from 5m depth\n \n \n . Trenches at Igrejinha,\nPB-TR-009 and PB-TR-006 returned\n \n \n 6 m grading 7.19 g/t Au\n \n \n , and\n \n \n 29 m grading 0.73g/t Au (Including 3m at\n3.22g/t Au)\n \n \n , respectively.\n \n \n \n \n - Mapping and trenching at Bombeiro and Igrejinha has\n(as press released on 9 December 2020), located new discoveries of\nmineralization.\n \n \n \n \n \n \n 2020 REVIEW\n \n \n \n \n The year 2020 was successful on several fronts,\nhighlights of which included:\n \n \n \n \n \n \n - The Company recruited\n \n \n new management and technical\nteams\n \n \n and appointed Douglas Meirelles as CEO and\nPresident.\n \n \n \n \n - The Company further\n \n \n revitalized its board of\ndirectors\n \n \n with the appointment of Bruce\nHigson-Sm...