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Stronghold Metals Drills 19.05 metres at 3.13 g/t Au
The Company Reports Further Analytical Results From Its Drilling Program at the Eagle Mountain Gold Project in Guyana
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 29, 2011) - Stronghold Metals Inc. ("Stronghold" or the "Company") (TSX VENTURE:Z)(OTCQX:SDMTF)(FRANKFURT:E9X). The Company is pleased to provide the following update to its previously announced 2011 exploration program at the Eagle Mountain Gold Project ("Eagle Mountain" or the "Project") in Guyana and to announce analytical results from an additional fourteen (14) diamond drill holes of the program.
Highlights
* The current planned program is for a minimum of 120 exploratory, expansion and in-fill diamond drill holes and a minimum of 15,000 metres.
* To date, 73 holes have been completed, representing 10,338 meters of diamond drilling.
* The analytical results of the first 32 holes have been announced in recent months (read relevant corporate News Releases in August and September 2011). Analytical results of an additional 14 complete holes have been received to date and are reported in this news release.
* The Company is highly encouraged by ongoing drilling results and intends to continue its infill and step out drilling program in order to increase the confidence of the mineral resource and to further expand the known mineralized zone, success contingent on results.
* Most of the new diamond drill holes with complete analytical results to date have returned favourable gold intersections.
* Stand-out results include intersections from different zones, as follows:
o 42.20 metres at 0.97 g/t Au from 0.0 to 42.20 metres depth, with the first 11.3 m of mineralization hosted in oxide material (saprolite) in EMD11-77 (Zion - infill),
o 19.05 m at 3.13 g/t Au from 0.0 to 19.05 metres depth, with the first 5.7 m in saprolite in EMD11-83 (Bottle Bank - infill),
o 7.80 m at 30 g/t Au from 36.0 to 43.8 metres depth, which includes a 1.80 m at 118.64 g/t Au in EMD11-85 (Bucket Shaft - infill),
o 7.50 m at 2.93 g/t Au from 37.5 to 45 metres depth in EMD11-86 (Bucket Shaft - infill), and
o 12.27 m at 1.72 g/t Au from 62.18 to 74.40 metres depth in EMD11-89 (Bucket Shaft - infill).
Quelle: tmx.quotemedia.com/article.php?newsid=46469910&qm_symbol=Z
The Company Reports Further Analytical Results From Its Drilling Program at the Eagle Mountain Gold Project in Guyana
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 29, 2011) - Stronghold Metals Inc. ("Stronghold" or the "Company") (TSX VENTURE:Z)(OTCQX:SDMTF)(FRANKFURT:E9X). The Company is pleased to provide the following update to its previously announced 2011 exploration program at the Eagle Mountain Gold Project ("Eagle Mountain" or the "Project") in Guyana and to announce analytical results from an additional fourteen (14) diamond drill holes of the program.
Highlights
* The current planned program is for a minimum of 120 exploratory, expansion and in-fill diamond drill holes and a minimum of 15,000 metres.
* To date, 73 holes have been completed, representing 10,338 meters of diamond drilling.
* The analytical results of the first 32 holes have been announced in recent months (read relevant corporate News Releases in August and September 2011). Analytical results of an additional 14 complete holes have been received to date and are reported in this news release.
* The Company is highly encouraged by ongoing drilling results and intends to continue its infill and step out drilling program in order to increase the confidence of the mineral resource and to further expand the known mineralized zone, success contingent on results.
* Most of the new diamond drill holes with complete analytical results to date have returned favourable gold intersections.
* Stand-out results include intersections from different zones, as follows:
o 42.20 metres at 0.97 g/t Au from 0.0 to 42.20 metres depth, with the first 11.3 m of mineralization hosted in oxide material (saprolite) in EMD11-77 (Zion - infill),
o 19.05 m at 3.13 g/t Au from 0.0 to 19.05 metres depth, with the first 5.7 m in saprolite in EMD11-83 (Bottle Bank - infill),
o 7.80 m at 30 g/t Au from 36.0 to 43.8 metres depth, which includes a 1.80 m at 118.64 g/t Au in EMD11-85 (Bucket Shaft - infill),
o 7.50 m at 2.93 g/t Au from 37.5 to 45 metres depth in EMD11-86 (Bucket Shaft - infill), and
o 12.27 m at 1.72 g/t Au from 62.18 to 74.40 metres depth in EMD11-89 (Bucket Shaft - infill).
Quelle: tmx.quotemedia.com/article.php?newsid=46469910&qm_symbol=Z
