30 m at 1.24 g/t Au beginning at 408 m in hole DO-21-02
84 m at 0.40 g/t Au beginning at 166 m in hole DO-21-04
Significant Step-Out: Results from the upper portion of hole DO-21-03 have extended mineralization 80 m to the north-east from DO-21-01 which intersected 302 m at 0.71 g/t Au beginning at surface (see news release dated February 16, 2021).
Extensive Mineralization: Gold mineralization at Lajitas has now been confirmed over a vertical extent of at least 400 m beginning from surface, in deeper portions and between the East and West Zones.
Open in Multiple Directions: This first phase of drilling in the Lajitas area has both confirmed historical work and expanded the zones of mineralization which still remain open in multiple directions and warrant significant drilling.
Angold Drills 248 Metres at 0 75 g/t in Step-Out Hole at Dorado prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Angold Extends Mineralization, Intersects Two New Zones at Dorado
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Angold Resources Ltd. (TSXV: AAU) (FRA: 13L1)
(
Angold or the
Company ) is pleased to announce that it has received further favorable assay results for holes DO-21-02 and DO-21-03 from drilling on the Lajitas historic resource, at the Company s Dorado project located in the Maricunga belt of Chile.
The most favorable intercepts in this second batch of assay results were 110 m at 0.75 g/t Au in DO-21-02 and 140 m at 0.82 g/t Au in DO-21-03, thus demonstrating excellent continuity of mineralization at Lajitas. Assayed grades of up to 4.06 g/t Au (over 2 m) also confirm the high grade potential of this target.
Angold Extends Mineralization, Intersects Two New Zones at Dorado prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Angold Resources Ltd. (TSXV: AAU) (FRA: 13L1)
(
Angold or the
Company ) has received final approval from the TSX Venture Exchange (the TSX-V ) and the Company s common shares will commence trading on the TSX–V on December 31, 2020, under the symbol AAU. This follows the successful closing of the amalgamation and reverse takeover of ZTR Acquisition Corp. by Federal Gold Corp. on December 21, 2020, and subsequent name-change to Angold Resources Ltd.
Angold s CEO, Mr. Adrian Rothwell, stated: We are thrilled to begin trading on the TSX-V and be alongside some of the world s leading exploration resource companies. With funding completed, w
e will commence evaluation of data available for the Uchi Property and have begun mobilizing drills at Dorado to complete up to 5,000 m of drilling. We are