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Quarterback Resources Proceeds with Phase I Exploration Program on Twin Gold Project [Yahoo! Finance]

Centerra Gold Inc. Common Shares (CGAU) 
Company Research Source: Yahoo! Finance
the "Company") is pleased to announce that it is proceeding with its Phase I exploration program at the Twin Gold Project, which consists of the following: geochemical sampling/logging of historic core; geochemical rock sampling from the main Takla-Rainbow gold zone and a potential extension; an Ortho/LiDAR survey of the Takla-Rainbow zones and access road; and reclamation of the historic Twin camp site. The Company has selected core from several historic drill holes for logging and sampling based upon location and available data, and has taken 177 samples during this process. Assay results are pending. The Ortho/LiDAR survey is intended to cover the main project area and access road. The survey provides numerous purposes, including locating all historic disturbances, creating a terrane model for future resource calculation/high resolution UAV Magnetics survey, analysing geologic structures, and recording a baseline of the area before future exploration commences. To date, t Show less Read more
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