La Ronge Gold, a gold exploration company, declared that the 2012 winter-spring drill program on its Preview SW deposit located in northern Saskatchewan, Canada, has expanded the deposit along strike. The company conducted a step-out drilling to the southwest and northeast regions and identified ore grade gold mineralized zones. Historic drilling has not been done on these areas.
The latest step-out drilling results from the northeast demonstrate that the deposit is exposed to the northeast. PR12-130 and PR12-131 drill holes were drilled 30 m away from the prior drilling. Drill hole PR12-130 returned 21.52 m of 2.87 g/t gold beginning at 40.22 m, while drill hole PR12-131 returned 19.6 m of 2.09 g/t gold beginning at 62.55 m.
PR12-127 and PR12-128 drill holes were drilled on section 7090N, PR12-129 drill hole was drilled on section 7060N, and PR12-130 and PR12-131 drill holes were drilled on section 7145N at the northern boundary of Cameco's historical resource. PR12-127, PR12-128, and PR12-129 drill holes were drilled to infill the prior drilling so as to further define the mineralization in the deposit’s north-central section. Assay results from these three drill holes correspond with the assay results reported by Cameco from the adjoining holes.
On April 2, 2012, La Ronge Gold reported drill hole results from step-out drilling on the southwest, wherein PR12-123 drill hole returned 33 m of 6.41 g/t gold; this was followed by a second zone of 19.95 m of 8.26 g/t gold. The deposit is exposed in this direction.
Mineralized intervals depend on samples that differ in thickness from 0.6 to 1.5 m using 0.20 g/t gold cut-off levels with highest dilution of 5.5 m. The outlook of mineralized intervals differs and reported mineralized intersections may not indicate the actual thicknesses.