World gold council members comprise gold mining companies from around the world

www.members.gold.org

Hello, you either have JavaScript turned off or an old version of Adobe's Flash Player. Get the latest Flash player.

Gold

Redstar confirms high-grade gold trend > Gold News > World Gold Council Members

 

Redstar confirms high-grade gold trend

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Tuesday, 29th April 2008 (2264 views)

High-grade intercepts have been returned from diamond drilling at the Newman Todd project in Ontario, confirming the continuation of a gold trend that now extends over 1.2 kilometres, it has been announced.

Redstar Gold said that gold mineralisation had been intersected in every hole it completed as part of the phase one exploration programme.

According to the company, highlights of the drilling include gold grades of 25.70 g/t gold over one metre and 1.1 g/t gold across 45 metres.

Another hole detected gold graded at 6.24 g/t gold over two metres and 2.96 g/t over nine metres, while the deepest hold completed to date encountered zones of 1.01 g/t gold over 8.5 metres and 7.28 g/t gold over 0.5 metres.

The zone where the drilling took place remains open in all directions, the company added.

Redstar president Scott Weekes said the results from Newman Todd continue to expand the area's "impressive" gold system.

Newman Todd is located in the Red Lake gold camp, one of Canada's richest and most prolific mining districts. It sits in western Ontario, around 1,927 kilometres north-west from Toronto.

 

« Back to Gold News stories

 

Gold News Archive:

 
 
News provided by Adfero Ltd
  • Gold Spot Price
  • Bid: $1164.00
  • Ask: $1164.80
  • Last Update: 02:57 GMT
© 2009 World Gold Council - all rights reserved. Produced and managed by CFP Group.