....Give us a Wink , or Blink and.. Nod
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posted on
Jan 15, 2009 06:41AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
..getting closer on the greens.
A summary of drill results received to date within the mineralized boundaries of the known Hinge zones is also provided in this press release with results sorted by zone and depth. The Wingold zone results drilled in 2004 have also been included in this summary as this zone has now been determined by San Gold to be a part of the Hinge zone geological and spatial package. The Wingold veins are located approximately 300 meters to the north and east of the Hinge #4 deposit and were partially developed by 2 levels with shaft access in the early 1930's. A limited drill program from surface was conducted by San Gold Resources in 2004 prior to the development of the current Hinge geological model.
The company is also pleased to announce that Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) have been retained to audit San Gold's current mineral resource estimate on the high grade Hinge Zone located approximately 1 km from the Rice Lake mill. The Scott Wilson RPA mandate is to perform the audit and to prepare a Summary Technical Report to support the disclosure of an initial mineral resource estimate on the Hinge Zone deposit. The Hinge Zone resource audit will be carried out under the overall supervision of William E. Roscoe, Ph.D., P.Eng., President of Scott Wilson RPA and Consulting Geologist. The Scott Wilson Mining Group, including Scott Wilson Roscoe Postle Associates Inc., is based in Toronto with offices in Canada, the United Kingdom, China, and Zambia. The Mining Group consults to major mining companies, junior mining and exploration companies, financial institutions, governments, law firms and individual investors on all aspects of mining development and operation.