Riverstone Resources Inc. (TSX VENTURE:RVS)(FRANKFURT:3RV) has reported further results from the on-going diamond drill program on the Company's Nami Artisanal gold prospect in Burkina Faso, West Africa.
Results include an intercept of 14 metres of 1.92 g/t gold which included 4 metres of 5.91 g/t gold in Hole RADD 10-40. The holes were drilled on north-south fences to test an interpreted westerly-trending mineralized zone which traverses the middle of the artisanal site. The results from the holes support the interpreted geologic model and are considered to be very encouraging.
Several of the holes reported low recoveries in the mineralized zones due to voids. These voids are interpreted to be due to artisanal workings of gold-bearing zones.
"The Nami deposit continues to return solid assay results over a large area," commented M.D. McInnis, President and CEO of Riverstone. "We are encouraged that we can trace the mineralized zone from section to section and that it remains open in all directions."
The Nami Zone is part of the Company's Karma project, which comprises a NI 43-101 compliant gold resource of 820,500 ounces of gold in the indicated category and 322,300 ounces of gold in the inferred category in the Rambo Main, Kao, Goulagou I and Goulagou II deposits. The Nami Zone lies in close proximity to the Rambo gold deposit, and any resource developed at Nami will be accretive to the overall Karma project.
Riverstone maintains a quality control program involving the use of repeat assays, inserted blanks and the use of certified standards from an accredited Canadian laboratory. All rock samples were assayed using standard fire assay with atomic absorption techniques, with samples grading over two grams gold per tonne re-assayed with a gravimetric finish, at the independent Abilab Burkina SARL laboratories in Ouagadougou, Burkina Faso, which is part of the ALS Chemex group.
Source: Riverstone Resources Inc.