Meanwhile for a real China play and results you can believe:
Maxy Gold Corp Reports Positive Results from Tunnel Exploration on Midu Property
VANCOUVER, July 13 - Maxy Gold Corp. MXD/TSXV ("Maxy") today announced that gold mineralization has been intersected during tunnel exploration at its Muluozuo target.
Andre Gauthier, President and CEO of Maxy Gold, said "we are encouraged by the mineralization we have seen to date. Tunneling is ongoing, with a key drilling program scheduled to begin later this summer."
FIELD WORK
Tunneling continues at an aggressive pace with 3 tunnels now complete. The exploration program covers a zone of 500 metres (m) x 350m within the main soil anomaly that is defined over an area of 1000m x 700m. Maxy has experienced very good cooperation from the local communities in completing this evaluation work.
Two tunnels were initiated to verify depth extensions of the gold zones intersected on surface.
Tunnel No. 1 is oriented in a north-northwest direction and is aimed at intersecting the projection from surface of the gold zone present in trenches No. 3 and No. 4, approximately 30m below surface (2133m). It has advanced 150m to date.
Tunnel No. 1A is drift oriented in an eastern direction, starting in the heart of the mineralized zone at 44m and aimed at following the mineralized zone. The drift has advanced for 63m to date;
Tunnel No. 2 is located in the eastern sector of the surface anomaly to verify the surface anomaly obtained from rock chip sampling and is oriented in a west-northwest direction. Tunnel No. 2 has advanced to 97m.
Tunnel No. 2B is oriented in a northeast direction and has advanced 95m. It is following the mineralized zone to the NE.
Tunnel No. 2A is oriented in a southwest direction, has advanced 4.5m and is aiming at following the mineralized zone to the southwest.
Tunnel No. 3 is oriented in a north-northwest direction and is located 50m below Tunnel No. 1. It has advanced to 20m (2083m elevation).
RESULTS
- Tunnel 1 (2133m level), progress: over 150m
- Intersection : 34.8m grading 0.8 grams per tonne (g/t) gold
(Au)
- Tunnel 1A (East), Ore drift, progress: 63m
- Intersection : 15m grading 1.2 g/t Au (from 0-15M)
- Tunnel 2 (1983m level), progress: 97.5m
- Intersection : 10.5m grading 0.44 g/t Au (from 59.5m - 70m)
- Tunnel 2A (S-W), Ore Drift, progress: 4.5m
- Intersection : 4.5m grading 0.55 g/t Au
- Tunnel 2B (N-E), Ore Drift, progress: 95m
- Results pending
- Tunnel 3 (2083m level), progress: 25m
- Results Pending
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