Monday, 2 January 2012

Promesa awaits assays from drilling at Cerro Curunday gold project

South American gold explorer Promesa (ASX:PRA) has completed an eight hole drill program at the Cerro Curunday gold project.

Assays results are pending and waiting due to a backlog at the the Lima laboratory.
Remaining drill cores could be sent to an alternative in-country laboratory or to Chile and/or Canada to speed up turnaround times.

The aim of the drilling is to test a series of gold-bearing zones identified by channel sampling and rock chip sampling along a 2.1 kilometres strike length of epithermal gold mineralisation.

The drilling is being undertaken using diamond drilling from the surface to enable detailed logging and sampling.

A total of 2,026.5 metres has been drilled. Holes 1 to 7 hit the oxide zone and pushed through to the sulphide zone. Hole 8 has been drilled in the creek bed to test the Induced Polarisation (IP) anomaly targets.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/23686/promesa-awaits-assays-from-drilling-at-cerro-curunday-gold-project-23686.html

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