St Andrew Goldfields hits 117g/t gold over 1.2 metres at Taylor project

Toronto-based St Andrew Goldfields (TSE:SAS) reported Monday it has finished the current phase of the definition drilling program at its Taylor project in the Timmins Mining District of Ontario, with plans to update mineral resources for one of the main zones in the near future.
The company plans to issue a new resource estimate for the West Porphyry Zone, and is also on track to complete a pre-feasibility study for the Taylor property by year-end, it said.
The Taylor project is located in the western portion of the company's land package in the Timmins Mining District.
Highlights of the latest drilling included 39.79 grams per tonne (g/t) of gold over 1.4 metres in hole TA11-025A; 18.45 g/t gold over 2.0 metres in hole TA11-026; and 39.94 g/t gold over 5.8 metres in hole TA11-029, including a whopping 117.00 g/t gold over 1.2 metres.
"These recent results have continued to provide greater confidence in the continuity of the gold mineralization and are in agreement with previous drilling having intersected similar grades and widths," the company said in a statement on Monday.
St Andrew will compile all of the latest drilling data for the updated mineral resource estimate for the West Porphyry Zone, which is comprised of a series of mineral lenses with "favourable horizons", it said.
The gold mining and exploration company has an extensive land package in the Timmins mining district in northeastern Ontario, which lies within the Abitibi greenstone belt, the most prolific host of historical gold production in Canada. It has three producing mines in the region, and is aggressively exploring across 120 kilometres of land straddling the Porcupine-Destor Fault Zone.