Denver — Stepout drilling at the Cukurdere gold-copper prospect in central Turkey has hit the jackpot for partners
Hole CRC-1 stopped at 50.7 metres when the bit and the rods were stuck in the hole. However, it cut 35.7 metres averaging 6.9 grams and 17.7 grams silver per tonne, including 7.7 metres of 22.3 grams gold and 64 grams silver at the bottom of the hole. The last 0.7 metre ran 34.4 grams gold.
The partners have stepped off 1 metre and twinned the hole, hoping to find the limits of the high-grade zone. Assay results are pending.
Anatolia and Rio Tinto were surprised about the mineralization found in CRC-1, because the hole was drilled in an area that has not received much work to date. The mineralization was blind, sitting beneath a thin but extensive marble cap. Geochemical and geophysical studies are under way.
The reverse-circulation hole, the first of 20 planned holes, was collared 535 metres east of seven previous holes at Cukurdere. The previous holes also intercepted significant mineralization, which averaged 60 metres of 2.3 grams gold and 9 grams silver, plus 0.1% copper.
Before coming back to twin the first hole, Anatolia and Rio Tinto completed 10 RC holes, most of which were infill or short stepouts from the core holes. Assay results are pending.
Rio Tinto is earning a 70% interest in the property by spending US$10.5 million on exploration and paying US$1.5 million.
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