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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: San Gold Reports New Gold Discovery - The Next Goldcorp?

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GoldBug22

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Re: San Gold Reports New Gold Discovery - The Next Goldcorp?

in response to San Gold Reports New Gold Discovery - The Next Goldcorp? by wpgmoney

posted on Nov 25, 09 02:07AM

Comparisons to Goldcorp (GG) are intensifying, as Canadian-based gold mining producer, San Gold (SGR.TSXV), announced the discovery of a new high grade gold occurrence at the 007 Zone - located approximately 600 meters southeast of the Hinge Zone. The highlight of the discovery was drill hole #CD-09-007, which intersected a whopping 1787.7 grams per tonne gold (52.20 ounces per ton) over 2.1 meters (6.9 feet), 200 meters (660 feet) below surface, in a continuous quartz-carbonate vein containing abundant visible gold throughout. These results indicate the “extremely high grade nature of this intersection, ” according to the company. Goldcorp evolved in a similar way during the 1990’s, consistently discovering high-grade gold veins in the Red Lake district.

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