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Riverstone Resources Intercepts Gold Mineralization at Goulagou I Zone

Riverstone Resources has announced additional drilling results from the Goulagou I zone of the Karma Project in Burkina Faso, West Africa.

The company drills ten holes as part of the current reverse circulation (RC) drilling campaign at the Goulagou I zone. It has planned the drill program for fill-in and extension of the existing mineralization at Goulagou I. This mineralization stays open in all the directions, mainly to the western direction and at the depth. The assay results from more than 40 holes drilled recently at this Goulagou I zone are being expected.

The company has encountered 1.09 g/t gold over 26.0 m in the hole 206, 1.32 g/t gold over 6 m and 0.83 g/t gold over 40.0 m in the hole 210 and 1.44 g/t gold over 32 m, 0.98 g/t gold over 64.0 m in the hole 211. It has obtained drilling results from holes 205 to 214. The holes 208 and 209 have not produced material values.

The company includes this Goulagou I zone as part of the Karma deposit hosting a NI 43-101 compliant resource. The report includes indicated category of 810,000 oz gold in 22,845,000 t grading 1.10 g/t gold and inferred category of 1,119,100 oz gold in 44,100,000 t grading 0.79 g/t gold. This Goulagou property is under an Option to Purchase agreement between Riverstone and Golden Star Resources.

All the RC samples were tested by Abilab Burkina SARL laboratories using standard fire assay and atomic absorption methods.

Source: http://www.riverstoneresources.com/

Joel Scanlon

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Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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