Tarsis Resources (CVE:TCC) announced late Tuesday final diamond drill results from its recently completed program at its Erika property in Mexico, reporting high gold values over thick intervals.
All results have now been received for the company's 2010-11 diamond drill program at the site, with a total of 4,020 metres drilled.
Highlights from the new batch of results included 2.25 grams per tonne (g/t) of gold over 3.6 metres, from within a broader interval of 10.28 metres at 1.14 g/t gold, in hole ER-11-14.
Other notable assays included 3.18 metres of 1.08 g/t gold in hole ER-11-15, including 1.40 metres of 1.78 g/t gold.
The company said that significantly elevated levels of thalliium, mercury, arsenic and antimony elements show an "excellent correlation" with gold mineralization in the drill core.
"We are very encouraged with the higher gold values and thicker intervals received from the latest drill holes and continue to believe that this property has strong potential to host a significant sediment-hosted gold system," said president and CEO, Marc Blythe.
"Sediment-hosted gold systems elsewhere are known to contain significant gold resources and are a favoured style of mineralization by major gold producers.
"Future exploration at Erika will be designed to identify possible feeder structures in areas of favourable stratigraphy which we believe may host greater thicknesses and higher grades of gold mineralization.”
Tarsis is evaluating the results of the latest drill program to determine priority targets for a follow-up round of drilling, it said.
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