San Gold drills 1.3 metres of 27 g/t Au at Hinge
2009-04-20 07:54 ET - News Release
Mr. Dale Ginn reports
HINGE ZONE DRILLING ADDS NEW WESTERN GOLD ZONES AND CONFIRMS HIGH GRADE
San Gold Corp.'s surface definition drilling continues to confirm and extend the high-grade, near-surface Hinge deposits. Drilling has tested the entire known length of the deposit, highlighted in the east end by drill hole No. GS-09-58, which encountered 82 grams per tonne (g/t) (2.4 ounces per ton) over 2.1 metres (seven feet). Significant widths as well as multiple new footwall zones have now been discovered at the west end of the deposit as demonstrated by hole No. GS-09-65 which cut 10.3 g/t (0.3 ounce per ton) over 6.4 metres (21 feet). Hole No. GS-09-57 identified two additional significant footwall zones; 27 g/t (0.79 ounce per ton) over 1.3 metres (4.4 feet) as well as 7.8 g/t (0.23 ounce per ton) over 2.9 metres (9.4 feet) in zone drilling testing the western extents of the deposit. Hole No. 57 was drilled in the vicinity of hole No. 63 (see news in Stockwatch dated April 14, 2009) which encountered 2.3 metres (7.5 feet) of 207 g/t (6.05 ounces per ton), not only the highest-grade hole drilled to date in the Hinge zone, but also an extension of the zone to the west. All of the drill hole intersections as reported below are within 200 metres (650 feet) of surface.
Nineteen intersections are reported within 15 drill holes as tabulated here.
Hole No. From To Length Gold Zone
(metres) (metres) (metres) (feet) (g/t) (oz/t)
GS-09-23 155.7 157.7 2.0 (6.6) 30.1 (0.88) Hinge 4
GS-09-43 138.4 142.0 3.6 (11.9) 7.2 (0.21) Hinge 4
GS-09-45 143.0 145.9 2.9 (9.4) 6.1 (0.18) Hinge 4
GS-09-46 100.2 102.4 2.2 (7.2) 25.2 (0.74) Hinge 4
GS-09-48 104.5 107.1 2.6 (8.5) 36.2 (1.06) Hinge 4
and 112.6 115.4 2.8 (9.3) 6.9 (0.20) New
GS-09-49 128.7 134.0 5.3 (17.3) 13.5 (0.39) Hinge 4
GS-09-52 98.5 99.9 1.4 (4.6) 8.1 (0.24) Hinge 4
GS-09-53 145.3 148.0 2.7 (8.7) 17.3 (0.50) Hinge 4
and 195.2 196.4 1.2 (4.0) 8.7 (0.25) New
GS-09-54 98.9 101.1 2.2 (7.1) 50.6 (1.48) Hinge 4
GS-09-56 103.5 104.9 1.4 (4.6) 6.9 (0.20) Hinge 4
GS-09-57 139.8 142.5 2.7 (9.0) 11.6 (0.34) Hinge 4
and 152.2 153.5 1.3 (4.4) 27.2 (0.79) Hinge 4
and 197.5 200.4 2.9 (9.4) 7.8 (0.23) New
GS-09-58 109.7 111.8 2.1 (7.0) 82.0 (2.40) Hinge 4
GS-09-60 118.0 121.0 3.0 (9.7) 54.7 (1.60) Hinge 4
GS-09-62 99.9 101.2 1.2 (3.8) 21.0 (0.61) Hinge 4
GS-09-65 176.9 183.3 6.4 (21.0) 10.3 (0.30) Hinge 4
The Hinge No. 4 zone has now been drill tested between section 0 east and 800 east (feet), (250 metres) and to depths of over 1,200 feet (400 metres) demonstrating excellent continuity in both structure and grade. This zone remains open along strike to the northeast and to the southwest as well as at depth. Two drill rigs continue to define the known Hinge zones, a third drill rig is searching for parallel veins to the north and a fourth drill has commenced drilling on the next hinge-like target axis located approximately one kilometre to the east of the known Hinge zones. Underground drilling has also commenced from stations within the Hinge decline and development. The currently known Hinge zones are located approximately 1.5 kilometres to the northeast of San Gold's operating Rice Lake and mine and mill, and are fully accessible by San Gold's private road, and all lie within San Gold's fully permitted mine lease.
This program was carried out under the supervision of W.S. Ferreira, PGeo; and D. Ginn, PGeo, the qualified persons for this project under National Instrument 43-101. Exploration drill core is split, with half sent to TSL Laboratories in Saskatoon, Sask., and fire assayed with an AA and gravimetric finish. Whole metallic assays were performed on samples containing visible gold. Definition drill core samples are assayed on site in the company's assay lab using the fire assay method with an AA and gravimetric finish. San Gold's quality control and assurance program includes the insertion of standards, the retention of pulps and rejects, and spot checks using independent labs including TSL Laboratories in Saskatoon, Sask., and Accurassay Laboratories of Thunder Bay, Ont. The core lengths are actual lengths as drilled and have not been adjusted for the true width of the mineralized zones.
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