Vancouver-based Anthian Resource (ANR-V) has confirmed gold mineralization at the Liphichi property in Bolivia.
Hole PG-4, one of four diamond drill holes for which results have been received, returned 72.8 metres (from 55.85 to 128.65 metres) grading 4.2 grams gold and 8.25 grams silver per tonne, including 43.95 metres of 5.57 grams gold and 3.16 grams silver.
That hole confirmed mineralization identified during channel sampling of the three main adits, and extended the main zone of mineralization to depth.
Other results include: 36.55 metres grading 0.8 gram gold and 3.57 grams silver in hole PG-1; 7.85 metres grading 0.85 gram gold and 2.45 grams silver, plus 22.2 metres of 0.59 gram gold and 3.6 grams silver in hole PG-2; and 30.95 metres (from 27.15 to 58.1 metres) grading 0.96 gram gold and 5.92 grams silver in hole PG-3. Assays for an 26.6-metre interval of that hole are pending.
Hole PG-2 was drilled on the west side of the Liphichi River Valley, 250 metres northwest of the three main adits, and indicates, according to Anthian, that “the main mineralization can be traced over a 250-metre distance” across the valley.
Results are also pending for scissor holes PG-5 (drilled at minus 45) and PG-7 (drilled at minus 60).
Holes PG-1 and PG-3 were collared within the mineralized zone near the adits, where channel sampling defined mineralization across a width of 40 metres and to a depth of more than 50 metres. That work returned an average grade of 3.63 grams gold. Those drill holes, according to Anthian, penetrated only the zone’s footwall section.
The company can earn up to a 70% working interest in Liphichi, which is situated in the Altiplano region of western Bolivia.
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