Dec 17 2010
Rio Cristal Resources Corporation (TSX VENTURE:RCZ) has reported first results from drilling at its Condor gold project
Highlights including:
- 38 meters averaging .717 g/t gold, including 4 meters averaging 3.421 g/t gold
- 16 meters averaging .559 g/t gold, including 2 meters averaging 2.502 g/t gold
- 20 meters averaging .737 g/t gold, including 2 meters averaging 3.605 g/t gold.
Tom Findley, President and CEO said, "These first drill results at Condor are excellent and demonstrate the continuity of gold mineralization within a sandstone package which is up to 40 meters thick and exposed at surface. Gold mineralization in Zone 2 appears to extend over an area which is approximately 300 meters by 100 meters and open to the north, south and east."
"We will complete our original 1,000 meter drilling program by the end of this year and we expect to define a mineralized zone where we will begin a second, expanded drill campaign early in 2011."
Drilling to-date has focused on Zone 2 of the property and at least three other anomalous target zones remain untested. The objective of further drilling will include testing of continuity of gold mineralization between the target areas defined thus far. Mineralization at the Condor project is hosted within highly fractured and quartz-veined sandstones interbedded with shales and intruded by argilically altered andesite dikes.
The Company maintains a strict quality control program in preparing and shipping all samples from the Condor project. Standards, blanks and duplicates are inserted in the field. Final samples are bagged, codified, and sealed by Company geologists and transported to the BSE Inspectorate laboratory facilities in Lima, Peru. BSE Inspectorate is an ISO 9001:2008-certified laboratory (#39041). Samples are assayed using the FAAA method (Fire Assay and Atomic absorption). The QA/QC program for each sampling batch includes geochemical standards insertion every 10th sample, blank samples insertion every 20th sample and field duplicate insertion every 30th sample. High grade samples pulp duplicates and rejects will be re-assayed at ALS Chemex Laboratory facilities in Lima applying the same sample preparation procedure as that used by BSE Inspectorate.
As required by the National Instrument 43-101, Rio Cristal Resource's designated Qualified Person is John Brophy, who has verified the technical information reported in this news release.
Source: Rio Cristal Resources Corporation