Cliffmont Resources

Cliffmont drills 10.5 m of 5.9 g/t Au at San Luis

2013-01-17 08:47 ET - News Release

Mr. Jeff Tindale reports

CLIFFMONT DRILLS SIGNIFICANT GOLD DISCOVERY AT LA JULIA OF 10.5 METRES AVERAGING 5.90 G/T GOLD AND 3.33 G/T SILVER OF SHALLOW MINERALIZATION AT SAN LUIS PROJECT, HUILA, COLOMBIA

Cliffmont Resources Ltd. has released drill results for holes SLD-17 and SLD-18 (373 metres) from the 2012 drill program on the San Luis project in Huila department, Colombia. The 2012 drill program was the first ever undertaken on the San Luis project.

"We are delighted with the new gold-silver discovery at La Julia. The mineralization occurs at very shallow depths, possibly in the sub crop, and is open in all directions. This discovery at La Julia is a testament to the untested potential at the San Luis Project," said Jeff Tindale President and CEO.

Cliffmont is currently conducting a large soil sampling program over La Julia prospect to trace the new discovery and to identify new drill targets for the next phase of drilling. The mineralization is open along strike and to depth. The intersections in SLD-17 and SLD-18 indicate a previously unknown area of shallow gold-silver mineralization of significant grade.

The Company's strategy is to further define the La Julia target and to test for continuity of mineralization below past-producing mines. The Company's plan includes blocking out and evaluating mineralization to explore the possibilities of a near-term production decision while continuing to explore and evaluate numerous other larger areas of wider mineralization. The San Jorge prospect has two exploitation contract concessions and is the first area for advanced development work in the extensive San Luis project area.

La Julia Drilling:

Drill hole SLD-17 intersected significant, possibly sub cropping, gold-silver mineralization from 10.5 to 21.0 metres down hole: 5.9 g/t gold & 3.33 g/t silver over 10.5 metres, including 27.7 g/t gold & 14.7 g/t silver over 1.25 metres, and 9.9 g/t gold & 4.2 g/t silver over 1.57 metres The upper high grade interval (10.5 to 13.0 metres ) comprises 9.9 g/t gold over 1.57 metres underlain by 3.43 g/t gold over 0.93 metres The central part of the zone (13.0 to 17.0 metres) assayed 0.18 g/t gold over 4.0 metres

http://www.cliffmontresources.com/s/NewsReleases.asp?ReportID=543450&_Type=News-Releases&_Title=Cliffmont-Provides-Exploration-Update-at-San-Luis-Property-Colombia

Hier heißt es: (Ich freue mich schon!!!!!!!)

"We are very pleased with our initial sampling results at El Callao Mine which confirm the high grade gold mineralization previously recorded by TVX Mineria Ltda. We look forward to drilling which is due to commence in the next ten days to determine the geometry and continuity of this mineralization. We are expecting to find higher grade mineralization outside of the already exploited areas." stated Jeff Tindale, President and CEO.