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Minco Gold Extends Gold Mineralization at Shajinba and Baimashi Gold Zones

Minco Gold has announced the results of its exploration program which was conducted at the Shajinba and Baimashi gold zones during 2011.

The zones are part of Yejiaba property from the Longnan Project which is located in the Province of Gansu in China. While an initial drilling was conducted at the Shajinba Gold zone, an additional trenching program was conducted at the Baimashi Gold Zone. Following positive results from the current exploration program, the company intends to carry out 3000 m of tunneling and drilling during 2012.

At the Shajinba zone, an area covering 2,829 m was drilled. Drill holes were spaced at a distance of 250-400 m and the depths ranged from 288.03 m-501.4 m. Initial drilling revealed gold-in-soil anomalies and also revealed a poly-metallic mineralized zone. However trenching provided better results. Particularly two trenches spaced at 80m returned 0.59g/t Au over 6.6m and 0.20g/t Au over 6.0m.

The Baimashi zone which covers an area of 3km by 1km revealed many gold and antimony samples which were grouped into four zones. A major portion of the zones contained calcareous phyllite and limestone. Particular results include 3.62g/t Au over 6.4m, 4.41g/t Au over 2.0m, 2.26 g/t Au over 1.2m and 0.53g/t Au over 6.0m.

Source: http://www.mincogold.com

Joel Scanlon

Written by

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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