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Riverstone Resources Reports Further RC Drilling Results from Karma Project

Riverstone Resources has announced the results from an additional 21 reverse circulation (RC) holes drilled at the Goulagou I zone, which is in the Karma gold project in West Africa.

Goulagou I Zone

The company has planned this drill program to infill the deposit at a spacing of 50 m and the mineralized zone will be extended along the strike. These new results have expanded the Goulagou I deposit to 150 m additionally to the western part. The deposit stays exposed along the strike at depth and in both directions. Riverstone has expanded the mineralization to a distance of over 2,100 m on this deposit. The thickness of the mineralized zone differs from 50 m at the eastern end for up to 300 m in the west.

The company has intersected 2.37 g/t gold over 6 m, 1.39 g/t gold over 10 m and 1.05 g/t gold over 12 m in the hole RC-234, 0.79 g/t gold over 18 m and 1.55 g/t gold over 10 m in the hole RC-237, 1.40 g/t gold over 8 m in hole RC-244, 1.10 g/t gold over 16 m in the hole RC-252, 2.38 g/t gold over 12 m and 1.33 g/t gold over 52 m in the hole RC-254.

Six adjacent permits are included in the Goulagou I deposit, which is a part of the Karma project. Riverstone has an option to purchase an indirect 90% of interest in the four permits and holds a 100% of interest in the remaining two permits. It has drilled further 40,000 m at the project and is anticipating that these drilling results will be added to the resource.

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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