Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: onepath	1/18/2007 10:18:32 AM
	Read Replies (2) of 78426

San Gold samples 60.27 g/t Au over 53.3 m at Rice Lake 2007-01-18 09:22 ET - News Release Mr. Dale Ginn reports SAN GOLD DEVELOPS ADDITIONAL HIGH GRADE AT RICE LAKE San Gold Corp.'s mining development on the 28th level (4,200 feet) of the Rice Lake gold mine has identified consistent and extremely high face grade values within an upward extension of the 93 vein. Face sampling so far has averaged 1.76 ounces per ton (60.27 grams per tonne) over an average true width of five feet (1.5 metres) and a strike length of 175 feet (53.3 m). Individual face grades assayed up to 4.16 ounces per ton (143 g/t) over a true width of six feet (1.83 m). Coarse, visible gold was routinely encountered throughout this development. Development continues toward drill hole No. 28-98-24 which assayed 0.85 ounce per ton (29.11 g/t) over 11.4 feet (3.5 m), and is located 200 feet (60.1 m) to the north of the current development face on the 28th level. This is San Gold's second significant high-grade development in as many months at the Rice Lake gold mine. The 93 vein is a shear-hosted tabular quartz vein located 500 feet (152 m) east of and striking parallel to the similar high-grade 98 vein, which is also being developed currently by San Gold (see news reported in Stockwatch Nov. 1, 2006). This vein represents an upward extension of previously mined areas from lower mine levels and is above the current resource extents and not part of any current resource or reserve estimate. This vein remains completely open and untested above the 28th level. Over 175 feet (53.3 m) of lateral mine development has been completed to date on this vein by San Gold, representing less than half of the estimated strike length of this vein. Twenty faces were sampled and 140 chip samples were assayed for gold with individual values ranging from 0.08 ounce per ton (2.74 g/t) to 8.41 ounces per ton (288 g/t). The above programs were carried out under the supervision of W.S. Ferreira, MSc, PGeo, and Dale Ginn, PGeo, the qualified persons for San Gold under National Instrument 43-101. Top Print this Page Old Site \| Home \| Products \| Help \| Contact Us \| Your Account \| System Status © 2007 Canjex Publishing Ltd. All

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next