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TNR Gold Confirms Down-Dip Mineralization At Shotgun Gold Property In Alaska
(via Thenewswire.ca) Concluding Drill Hole Returns 83 Metres of 0.82 Grams per Tonne Gold i...
About this update from Tnr Gold Corp.
[{"type":"text","content":"\nTNR Gold Confirms Down-Dip Mineralization At Shotgun Gold Property In Alaska\n\n(via Thenewswire.ca)\n \n \nConcluding Drill Hole Returns 83 Metres of 0.82 Grams per Tonne Gold in Southwest Zone\n\n \n \nVancouver B.C.: TNR Gold Corp. (the \"Company\") is pleased to announce assay results from the third and final hole of the 2012 drilling program on the Shotgun gold project in Alaska. Drill hole SR12-58 returned 83 metres averaging 0.82 grams per tonne gold across the full length of the southwest zone within the Shotgun Ridge porphyry system. These results include a higher-grade intercept of 2.03 grams per tonne gold over 18.35 metres at the top intrusive contact and an average grade of 1.14 grams per tonne gold over 46.55 metres within the southwest mineralized zone. Of particular significance is the consistent thickness and grade of the southwest zone encountered in all three of the 2012 drill holes. The northeast zone was not tested as the hole ended in disseminated gold mineralization at 221 metres. Elevated gold grades at the end of hole indicate proximity to the northeast zone, which is also open at depth. \n\n \n \n-Drill hole SR12-58 returns mineralized interval of 83 metres averaging 0.82 grams per tonne gold.\n\n\n \n-Included within this interval is 18.35m averaging 2.03 grams per tonne gold (\"g/t Au\").\n\n\n \n-Drill hole SR12-58 ended in mineralization at a down hole depth of 221 metres\n\n\n \n-The gold mineralization at Shotgun Ridge remains open at depth\n\n\n \n-Interpretation of new geophysical results opens up prospectivity of additional targets\n\n \n \n2012 Drilling Results\n\n \n \nDiamond drill hole SR12-58 was drilled from the same location as SR12-57 with a steeper dip angle. (Table 1 shows the collar locations and orientations of the 2012 drill holes). DDH SR12-58 was designed to test the down dip extent of mineralized zones intersected in previous drill holes. SR12-58 confirmed the mineralization encountered in the southwest zone in all three previous drill holes but did not reach the target depth of the anticipated northwest mineralized zone. The hole ended in mineralization at a depth of 220.98 metres.\n\n \n \nTable 1: Location and orientation of the 2012 diamond drill holes and SR06-43 at Shotgun Ridge.\n\n\n \n\n --------------------------------------------------------------------\n |DDH |East...