Thursday, 28th August 2008 (413 views)

More gold results have been announced by Underworld Resources for its White Gold project in Yukon.

One of the drill holes at the Golden Saddle site produced a result of 4.16 g/t of gold across 15.99 metres.

This hole is the sixth to have been drilled in Golden Saddle.

Earlier results reported in June and August this year for the project included 4.03 g/t of gold across 19.58 metres, 4.58 g/t of gold across 16.61 metres, 4.2 g/t of gold across 16.03 metres and 5.47 g/t of gold across 21.58 metres.

The company announced a second phase of drilling has now started at the site.

Underworld Resources also has three properties in New Zealand, including Golden Progress, Joker and Aorere.

Aorere covers an area of 1,990 hectares on the South Island of New Zealand.

In South America, the company is also pursing gold projects in Peru, Argentina and Chile.

 

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