Rubicon Commences Underground Drilling at F2 Zone and Reports New High-Grade Results, Phoenix Gold Project, Red Lake, Ontario
09:14 EDT Monday, June 08, 2009
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- 1.25 oz/ton gold over 6.6 feet and 3.6 oz/ton gold over 3.3 feet -
- New lower grade hit at 4,714 feet (1437 metres) below surface suggests
new depth potential. More deep drilling underway ........
Also of note is a new deep intercept of lower grade gold mineralization at a depth of 4,715 feet (1437 metres) below surface, some 1,050 feet (320 metres) deeper than the previous deepest intercept. The new intercept grades 0.10 oz/ton gold over 16.4 feet (3.3 g/t gold over 5.0 metre) and suggests high potential for additional gold mineralization to depth.
San Gold's deep mine drill hole #460-08-10 which cut 25.2 meters (82.7 feet) of 17.1 g/tonne (0.50 oz/ton) gold including 2.1 meters (6.9 feet) of 60.6 g/tonne (1.77 oz/ton) and 6.2m (20.3 feet) of 26.0 g/tonne.
http://www.sangoldcorp.com/index.php?id=181
