Gold-Ore Reports Underground Drill Results at Bjorkdal
25 Enero 2010 - 7:30AM
Marketwired Canada
Gold-Ore Resources Ltd. (TSX VENTURE:GOZ) is pleased to report drill results
from the on-going underground diamond drill program at the 100%-owned Bjorkdal
Gold Mine in Sweden. Drilling continues to increase the dimensions of the
orebody and is expanding reserves and resources at the mine faster than they are
being depleted.
During 2009 the company drilled a total of 69 diamond drill holes (7,724
metres), including underground, open-pit and surface exploration holes at
Ronnberget. The company plans to drill an additional 10,000 metres during 2010.
This information will form the basis for a new reserve, resource calculation
during 2010. Following are the significant results from the most recent
underground holes.
Significant Drill Intersections
---------------------------------------------------------------------------
Core True Gold
Drill From To Interval Width Grade
Hole Section (m) (m) (m) (m) (g/t)
---------------------------------------------------------------------------
2009-033 160 West 12.7 16.0 3.3 3.2 25.00
---------------------------------------------------------------------------
including 15.0 16.0 1.0 1.0 76.20
---------------------------------------------------------------------------
50.0 53.0 3.0 2.9 7.84
---------------------------------------------------------------------------
100.0 105.2 5.2 5.0 6.02
---------------------------------------------------------------------------
2009-034 120 West 5.2 6.2 1.0 1.0 108.00
---------------------------------------------------------------------------
18.3 20.4 2.1 2.0 3.36
---------------------------------------------------------------------------
39.2 41.7 2.5 2.4 3.41
---------------------------------------------------------------------------
159.1 160.0 0.9 0.9 16.70
---------------------------------------------------------------------------
174.4 177.1 2.7 2.6 6.57
---------------------------------------------------------------------------
201.2 203.2 2.0 1.9 2.49
---------------------------------------------------------------------------
2009-035(i) 120 East 50.1 52.1 2.0 2.0 3.20
---------------------------------------------------------------------------
2009-036(i) 120 East 71.3 73.3 2.0 2.0 5.43
---------------------------------------------------------------------------
76.3 80.3 4.0 4.0 3.98
---------------------------------------------------------------------------
96.9 99.6 2.7 2.7 21.56
---------------------------------------------------------------------------
including 98.8 99.6 0.8 0.8 71.30
---------------------------------------------------------------------------
104.4 106.4 2.0 2.0 5.17
---------------------------------------------------------------------------
108.3 109.2 0.9 0.9 110.0
---------------------------------------------------------------------------
2009-037(i) 120 East 59.4 61.4 2.0 1.9 2.80
---------------------------------------------------------------------------
96.1 97.1 1.0 1.0 7.26
---------------------------------------------------------------------------
136.4 137.4 1.0 1.0 57.3
---------------------------------------------------------------------------
2009-038(i) 140 East 60.5 63.4 2.9 2.9 3.56
---------------------------------------------------------------------------
98.3 100.2 1.9 1.9 4.07
---------------------------------------------------------------------------
136.6 138.6 2.0 2.0 7.24
---------------------------------------------------------------------------
149.8 150.8 1.0 1.0 88.3
---------------------------------------------------------------------------
2009-039(i) 140 East 48.6 51.6 3.0 2.9 25.97
---------------------------------------------------------------------------
63.7 65.7 2.0 1.9 4.09
---------------------------------------------------------------------------
140.2 142.2 2.0 1.9 60.23
---------------------------------------------------------------------------
including 141.2 142.2 1.0 1.0 119.00
---------------------------------------------------------------------------
146.2 148.2 2.0 1.9 7.63
---------------------------------------------------------------------------
2009-040(i) 140 East 19.2 24.1 4.9 4.9 2.36
---------------------------------------------------------------------------
37.6 41.6 4.0 4.0 3.49
---------------------------------------------------------------------------
2009-041(i) 140 East 31.5 33.5 2.0 1.9 51.32
---------------------------------------------------------------------------
including 31.5 32.5 1.0 1.0 96.40
---------------------------------------------------------------------------
2009-042 100 East 167.0 170.0 3.0 3.0 15.21
---------------------------------------------------------------------------
2009-043 100 East 61.7 64.6 2.9 2.9 8.54
---------------------------------------------------------------------------
86.1 88.1 2.0 2.0 3.18
---------------------------------------------------------------------------
(i) denotes drilled from Exploration tunnel
Exploration Drift
During 2009 an exploration drift was driven to give access for drilling on the
extension of the orebody towards the north where previous surface drilling
returned encouraging results. The diamond drill was placed in the tunnel in late
2009 and seven holes were completed: 2009-035 to 2009-041. These holes all
intersected significant gold grades across mineable widths. The rig has been
moved and the drift is now being extended with more drilling planned shortly.
These drill results are very significant from a long-term mine life perspective.
Increasing the strike length in this part of the deposit provides a large upside
in tonnage when factoring in the 40 or 50 known gold-bearing veins in the
deposit. Continued success in this extension will significantly increase mine
life.
Sample Protocol and Chain of Custody
In order to minimize the effects of the coarse nugget gold at Bjorkdal, the
Company has elected to submit 100% of the core for analysis, rather than
retaining half of the core for archive. This provides a much larger sample for
gold analysis and theoretically a more representative result. The core is logged
and photographed, and for the zones sampled, the entire core is shipped to ALS
Chemex for gold analysis. A rigorous QA/QC program is employed that involves the
insertion of blanks and certified standards.
About Gold-Ore
Gold-Ore Resources is a gold mining and exploration company focused in Sweden.
The Company is generating positive cash flow, is debt-free and unhedged, and
remains focused on increasing gold production from the 100%-owned Bjorkdal Gold
Mine. In addition to Bjorkdal, the Company also has other assets in the country;
the Ronnberget Gold Property (adjacent to Bjorkdal) and the Norrliden
Polymetallic Deposit.
Gold-Ore's project information is posted on the Company's web site at
www.goldoreresources.com.
ON BEHALF OF THE BOARD
Robert S. Wasylyshyn, President
This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements.
News Release 10-02
Gold-Ore Resources Ltd (TSXV:GOZ)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Gold-Ore Resources Ltd (TSXV:GOZ)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024
Real-Time news about Gold-Ore Resources Ltd (TSX Venture Exchange): 0 recent articles
Más de Gold-Ore Resources Ltd. Artículos de Noticias