Saint Elena drilling results encourage CaribGold

Shallow drill-testing of the South Elena vein structure in Cuba has returned encouraging results, reports CaribGold Resources (CG-T).

Although core recovery from the program was poor as a result of surface weathering, CaribGold intersected mineralization in all four holes, including: 7 metres grading 8.7 grams gold in hole 1; 4.9 metres grading 4.1 grams in hole 2; 14 metres grading 3.4 grams in hole 3 and; 4.5 metres grading 8.8 grams in hole 4.

The first three holes, drilled to a maximum depth of 17 metres, were collared at 25-metre intervals in the discovery trench. Hole 4 tested the vein in a trench 100 metres to the southeast.

About 100 metres northwest of the dicovery, a third trench returned two sections of quartz vein, one of which averaged 1.82 grams gold over 9.6 metres; the other, 10.3 grams over 10 metres.

CaribGold believes the vein structure has a potential strike length of 1.4 km and will continue trenching and drilling. The junior also plans to move a large drill to South Elena once a 1,500-metre program on the company ‘s Sigua prospect is complete.

Print


 

Republish this article

Be the first to comment on "Saint Elena drilling results encourage CaribGold"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close