Patagonia Gold (AIM: PGD) reported the latest results from its ongoing drilling campaign at the Cap-Oeste (COSE) gold-silver prospect in Santa Cruz, Argentina. The company said that the drilling continues to intercept exceptionally high grade gold and silver. Most notably, drill-hole 27 intersected 13.93m at 159.23 grams per tonne (gpt) gold and 627gpt silver, including 1.60m at 1,284.15gpt gold and 3,977gpt silver.
The high grade intercepts have been encountered approximately 2 kilometres along strike, to the south-east of the Cap-Oeste resource.
Patagonia said drilling on COSE has returned spectacular results, including the previously reported CSE-13-D, which also intersected exceptionally high grade gold and silver values over 4.10m at 561.6gpt gold and 28,523gpt silver.
The COSE drilling program began in October, with 33 holes completed to date, totalling 7,534m. The drilling program is currently on-going.
The COSE prospect is located on the El Tranquilo block which, across its 60 square kilometre area, hosts the Cap-Oeste gold and silver deposit, the COSE prospect, the Pampa prospect and the Vetas Norte and Breccia Valentina structural trends.
http://www.proactiveinvestors.com.au/companies/news/5899/patagonia-gold-intersects-exceptionally-high-grades-at-cose-prospect-in-santa-cruz-5899.html
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