Colorado drills 114.6 m of 0.69 g/t Au at KSP
COLORADO RESOURCES Ltd. has provided the results of the remaining 24 drill holes from the 2017 exploration drilling program on its 100-percent-owned K S P property.
(See CXO Table 1 on page 7)
Tami: intrusive-related gold-copper mineralization
A total of 11 drill holes were collared, with one drill hole abandoned, in the Tami area, located five km to the southeast of Inel-Khybe. The data suggest that a thick, well-mineralized, east-west-striking volume of rock with a strike length exceeding 350 m is open to the east. The strong gold-copper intersections obtained from the westernmost drill holes also suggest the system is open to the west.
(See CXO Table 2 on page 7)
Chief executive officer and president Adam Travis comments: “The 2017 drill program at the KSP project was successful in identifying new discoveries at the Camp Porphyry, West Khyber and Tami zones. We expanded our original 7,500 m program to nearly 11,824 m in 68 drill holes. Most (52) of our drill holes targeted outlying areas within a 500 m radius of our 2016 drilling at the Upper AK, Inel Ridge, BRDZ, South Discovery, Inel Basin, V.G. and Camp Porphyry zones over a one km square area. We also drilled five drill holes in two areas at Khyber, and 11 drill holes at Tami approximately two km to the southwest and five km to the southeast of Inel, respectively. Drilling completed at the Camp Porphyry and West Khyber areas reported gold plus or minus copper and molybdenum mineralization. At the Tami zone, our 2017 program has outlined a new and encouraging gold-copper intrusive-related system. We look forward to further review and analysis of all of the 2017 results, and effectively using those interpretations in next year’s program.”
We seek Safe Harbor.
Erika Flores condensed this news release (firstname.lastname@example.org).
Terese J Gieselman, Carl William Hering, William Francis Lindqvist, Lawrence John Nagy, Adam Robert Travis
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