Patriot Gold has reported positive drilling results from 5 to 10 core holes obtained through the phase II infill drilling and resource extension program conducted at the Moss gold-silver project.
Canada-based Northern Vertex, a project partner of Patriot Gold, has conducted the phase I and II drill program. Patriot Gold has drilled 28 holes during the ongoing phase II expansion program. In addition, this program has included drilling of 10 diamond core holes and 18 reverse circulation (RC) holes. The company has completed the phase II drill program at the western expansion and is expecting the final hole results at the earliest.
Northern Vertex’s Chief Geologist, Dr. Bob Thompson stated that the company is delighted with the ongoing drilling results. High-grade intercepts were encountered from five drill holes out of six, which included 6.26 g/t gold equivalent (AuEq) over 1.68 m, 5.37 g/t AuEq over 1.83 m, 4.03 g/t AuEq over 1.22 m and 3.61 g/t AuEq over 4.57 m. The drill results have validated the expansion of mineralized gold along the western expansion of the project. Mineralized intersections present in the high-grade zones are much thicker and continue to average significantly over internal cut-off grades, which will definitely play a key role in adding future tonnage and AuEq ounces to the present 43-101 gold-silver resource.
The location of the Moss Mine project is in the Oatman Mining district of Northwest Arizona. So far, the company has drilled 87 holes, through RC, coring and diamond drilling methods, since the establishment of the joint venture with Northern Vertex during March 2011. The Moss deposit has a strike, whose length is more than a mile, and is a low-sulfidation epithermal stockwork deposit.
Source: http://www.patriotgoldcorp.com/