Batero Gold Extends Continuity of Higher Grade Core of Oxidized

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Batero Gold Extends Continuity of Higher Grade Core of Oxidized

posted on Mar 08, 2016 03:27PM

Gold Mineralization - Shares Add 5%

2016-03-08 03:57:00 PM ET (MT Newswires)

10:57 AM EST, 03/08/2016 (MT Newswires) -- Batero Gold Corp. (BAT.V) shares have moved higher after the company reported results from the holes drilled at the La Cumbre deposit at the Company's 100% owned Batero-Quinchia project.

These 11 holes represent 36% of the Company's planned 2015/2016 infill drill program. La Cumbre near surface drill highlights included: DDH-ZO-011 106.9 m grading 1.47 g/t gold and 2.34 g/t silver from 4.5 m to 111.4 m including 17.5 m grading 2.05 g/t gold and 0.72 g/t silver from 4.5 m to 22.0 m, DDH-ZO-004 22.3 m grading 1.19 g/t gold and 1.25 g/t silver from 3.7 m to 26 m, DDH-ZO-005 35.5m grading 1.02 g/t gold and 5.33 g/t silver from 2.5 m to 38.0 m, and DDH-ZO-009 37.4 m grading 0.81 g/t gold and 2.96 g/t silver from 4.6 m to 42 m.

Batero's shares were last up 5.3% at $0.100 apiece.

Price: 0.100, Change: +0.005, Percent Change: +5.26

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