Riverstone Continues to Extend and Intercept Higher Grade Gold Results at Kao
Riverstone Resources Inc. (TSX-V; RVS) ("Riverstone" or the "Company") is pleased to report results from fifteen diamond core drill holes on the 100% owned Kao Deposit, which forms part of the company's flagship Karma Gold Project in Burkina Faso, West Africa. These holes are part of a program of drilling designed to confirm and extend the deposit to depth, upgrade the resource category and to collect material for metallurgical testing. (See Map on Website for the location of the holes).
Significant assay intervals in these core holes are as follows:
• 2.58 g/t Au over 14 m in DD-11-060
• 2.10 g/t Au over 16 m in DD-11-059
• 2.03 g/t Au over 14 m in DD-11-064
• 1.62 g/t Au over 16 m in DD-11-055
• 1.60 g/t Au over 10 m, 1.42 g/t Au over 14 m and 1.20 g/t Au over 18 m in DD-11-066
Mineralization at Kao extends over 1,100 metres north-south and at least 900 metres down-dip to the east. The deposit remains open to north and south, as well as down-dip.
"We are pleased with these above average grade assays from core drilling at Kao" commented Dwayne L. Melrose, President and CEO of Riverstone. "These results show that our drilling has been successful in extending the strike and vertical extent of the deposit, which could allow for up-grading of the next resource model." – Riverstone Resources press continues at the link below.
Source: Riverstone Resources
Disclosure: Riverstone Resources is a Vulture Bargain Candidate of Interest (VBCI) and is our fully fledged Vulture Bargain #3. Members of the GGR team are actively accumulating shares of RVS.V or RVREF and continue to hold a speculative long position in the company.