I am pleased to announce that Angold Resources Ltd. (TSXV: AAU, FRA: 13L1, OTCQB: AAUGF) ("Angold") has received further assay results for five holes from the Lajitas area at the Company’s Dorado project in the Maricunga belt of Chile.
Key Highlights
Lajitas Drilling Results:
-
248 m at 0.75 g/t Au beginning at 168 m in hole DO-21-03
-
30 m at 1.24 g/t Au beginning at 408 m in hole DO-21-02
-
84 m at 0.40 g/t Au beginning at 166 m in hole DO-21-04
Significant Step-Out: Results from the upper portion of hole DO-21-03 have extended mineralization 80 m to the north-east from DO-21-01 which intersected 302 m at 0.71 g/t Au beginning at surface.
Extensive Mineralization: Gold mineralization at Lajitas has now been confirmed over a vertical extent of at least 400 m beginning from surface, in deeper portions and between the East and West Zones.
Open in Multiple Directions: This first phase of drilling in the Lajitas area has both confirmed historical work and expanded the zones of mineralization which still remain open in multiple directions and warrant significant drilling.
Assays Pending and Further Drilling Scheduled: Results are pending for 3 additional holes and the Company is planning a significant second drill program for later in 2021. Infrastructure remains at site for further 2021 drilling.
Undrilled Targets Remain: The recently identified Lajitas South target features multiple overlapping anomalies consistent with other major deposits in the Maricunga Belt and will be drilled later in 2021.
Click the link below to view the entire news release and see the map on our website.