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Riverstone Resources Intercepts High-Grade Gold Zone at Kao Deposit

Riverstone Resources has reported the reverse circulation results from seven holes drilled at the Kao deposit, which belongs to the flagship Karma project in West Africa.

Kao Main Zone Drill Program - Location of drill holes

The company has intercepted a fresh and high-grade zone in these holes located in the Kao deposit’s western part and the mineralization has also been expanded.

The company has encountered 1.46 g/t gold over 30 m in hole RC-231, 1.44 g/t gold over 20 m and 1.04 g/t gold over 36 m in hole RC-233, 3.14 g/t gold over 4 m in hole RC-235 and 2.03 g/t gold over 14 m in hole RC-236.

Riverstone has outlined the mineralization on the Kao deposit for at least 850 m towards the north-south direction and above 850 m down-dip towards the eastern part. The Kao deposit stays exposed down-dip and towards the west, north-east, and the south. The company is yet to drill test many satellite zones and is drilling continuously at the Kao deposit using two active core and one RC rigs.

According to Riverstone’s COO and President, Dwayne L. Melrose, the company is delighted to continuously encounter positive results from the Kao deposit drilling. A new zone, which dips beneath the deposit, has been cut in the holes from RC-235 to RC-237, which is exposed for drill testing towards the west and down-dip.

Additionally, the company has drilled more than 43,000 m at the Karma project and is anticipating that these drilling results will be added to the overall resource of the five deposits located in the project.

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

Joel Scanlon

Written by

Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

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