Irving Encounters High-Grade Gold in its First Drill Hole at the East Yamagano Project, Kyushu, Japanand Receives Additional Results from the Omu Project [Yahoo! Finance]
Newmont Corporation (NEM)
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Source: Yahoo! Finance
the first diamond drill hole completed at the East Yamagano epithermal gold-silver vein project, Kyushu, Japan, has encountered high-grade gold mineralization. At a down hole depth of 184.0 metres, a 5.0-metre interval grading 9.62 gpt Au including 1.0 metre grading 45.90 gpt Au was encountered in hole 23SY-001 (please refer to the table below). A second interval of 1.33 metres grading 5.81 gpt Au was encountered beginning at 407.0 metres down hole depth. Both zones of mineralization are comprised of stockwork quartz-carbonate veinlets measuring a few millimetres up to a couple centimetres width. Visible gold was observed in fractures (Figures 1 and 2). This style of veining was reportedly common in the adjacent historical Yamagano Mine. True widths of the mineralized intervals in hole 23SY-001 cannot be determined at this time. Hole 23SY-001 was collared approximately 550 metres east of the easternmost main historical Yamagano Mine workings and was drilled in a 30° east northerly d
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NEM
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