Columbus Gold Corporation (TSX VENTURE:CGT) announces it has commenced drilling at its Weepah Project. The 10,000 ft (3,048m) planned drill program will consist of approximately 20 RC holes.
Weepah is located approximately 32 km (20 miles) west-southwest of Tonopah, Nevada, with historic gold production from an open pit along a steep, northerly structure cutting Precambrian sedimentary rocks. Columbus targets are east of the historic open pit where gold occurs as replacements in sanded, or lightly silicified, Precambrian limestone, exposed in small outcrops through thin gravel cover on the north edge of an alluvial basin. Recent outcrop sampling of the altered limestone on the Columbus claims yielded values from anomalous up to 10.29 g/t (0.30 opt) gold over 3.6 m (12 ft), and 17.14 g/t (0.50 opt) gold over 1.8 m (6 ft). Historic drilling, reported by the previous owner, indicates a small resource of approximately 225,000-450,000 tonnes (250,000-500,000 tons) averaging 1.7-2.4 g/t (0.05-0.07 opt) gold. Columbus mapping, along with geophysical surveys, indicate that the favorable geology extends beyond the area of drilling to the south and east for 1,200-1,500 m (4,000-5,000 ft) under what appears to be very shallow gravel cover.
Andy Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is the Qualified Person under NI 43-101 who has reviewed and approved the technical contents of this news release. Mr. Wallace is a VP of Columbus Gold's wholly-owned US operating subsidiary, Columbus Gold (U.S.) Corporation and is the principal of Cordilleran Exploration Company ("Cordex"), which is conducting exploration and project generation activities for Columbus Gold on an exclusive basis.
Source: Columbus Gold Corporation