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.