Additional drill results from the Tallman prospect in Guyana failed to match the spectacular value encountered previously.
Cathedral Gold (TSE), which can earn a 90% interest in the concession, drilled five holes to test a quartz vein exposed over a 100-metre strike length in a small open pit. Sampling returned 113 grams gold per tonne over 1.3 metres.
The first hole, targeted to hit the vein 30 metres below and 50 metres northwest of the pit, returned a 1-metre intersection grading 875.77 grams gold.
The second hole, drilled below the first, returned a 1.5-metre intersection grading 4.63 grams gold. The hole also encountered a shallower vein, which averaged 1.55 grams gold over 2 metres.
The third and fourth holes — drilled 50 and 100 metres, respectively, along strike — returned only anomalous gold values. Cathedral says the lower-grade values may be the result of “nugget effect.”
The fifth hole, which was also drilled below the first hole, returned a 1-metre intersection grading 16.31 grams gold. Cathedral postulates that the fifth hole may not have been drilled deep enough to hit the main Tallman vein, and the company plans to test the zone further.
It will also conduct large-scale surface stripping along strike from the Tallman pit, in an effort to expose the main vein.
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