+ Energold Drilling Corp. - News Releases - Results From Six Further Holes On Longyear Property - Thu Dec 12, 2019

News Releases


 March 24, 1999
Results From Six Further Holes On Longyear Property

 ENERGOLD MINING LTD. (EGD-V) announces results from the second batch of analyses covering six more of 20 holes drilled on the LONGYEAR property located 3.5 kilometers to the southwest of Pueblo Viejo in the Dominican Republic.

Results tabulated below are from holes #8-12 and #15, six more of 20 holes drilled in a 350 by 600 meter area from which pit and trench sampling returned 1.2 grams of gold per tonne from oxidized surface material.
-----------------------------------------------------
HOLE #  FROM  TO   Int          Au     Ag
         (m)  (m)  (m)  Ox/S  (gm/T)  (gm/T)    Cu(%)
-----------------------------------------------------
2051-8    0   17   17    Ox   1.10    32.3      .802
         17   21    4     S   1.082    6.7     2.904
         24   29    5     S    .308   48.3     1.253
         31   40    9     S    .508   11.6     1.323
2051-9   33   38    5    Ox    .181    8.5      .030
         41   50    9     S    .459    6.8      .168
2051-10   0   17   17    Ox    .413    3.4      .072
2051-11   0   23   23    Ox   1.281   10.03     .342
(incl)   12   21    9    Ox   2.670   15.13     .526
         31   34    3    Ox   2.832   29.73     .960
2051-12   2   12   10    Ox    .517     .30     .019
2051-15   0   23   23    Ox    .636     .90     .126
         35   41    6     S    .254    7.40     .239
         47   56    9     S    .299    3.03     .012
-----------------------------------------------------

The holes, in combination with the previously reported seven holes, confirm mineralization over a vertical interval in excess of 100 meters. Hole 2051-11 averages 1.24gm/T Au, 12gm/T Ag and .406% copper over 34 meters, indicating that mineralization is both laterally and vertically extensive.

Results from the third and final shipment are expected within a week to ten days. Sample handling and assaying procedures are the same as for the previous shipment.

On behalf of the Board of Directors

(signed)
H. Walter Sellmer
President

The Vancouver Stock Exchange has neither approved nor disapproved this release.
 
 

You can view the Next News Releases item: Mon Apr 19, 1999, Energold and IMPACT consolidate properties

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