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Research comment - News
posted on
Apr 22, 2010 02:31PM
San Gold (SGR-V, Buy C$4.20 target) released results from a remarkably high-grade hole (319 g/t over 4.9m). This compares very well with the average grade of the Hinge and 007 zones of 22 g/t gold.
The results are from an already discovered zone in March (RL East).
The high grade zone is near infrastructure and offers near-term production potential.
