Crocodile Gold Encounters High-Grade Gold at Crosscourse and Prospect Deposits

Crocodile Gold has reported further high-grade gold intersections from holes drilled at the company’s Crosscourse and Prospect deposits, located at the Union Reefs project. Currently, two diamond rigs are working at the site to complete the ongoing drilling phase.

The company has intersected 10.0 g/t gold over 3.16 m in drill hole URNDD0040, 6.67 g/t gold over 9.0 m in URNDD0045, 1230 g/t gold over 0.47 m and 240.4 g/t gold over 2.52 m in hole URNDD0052, 13.48 g/t gold over 5.53 m in drill hole URNDD0054, 6.31 g/t gold over 12.61 m in drill hole URNDD0061, 11.87 g/t gold over 7.33 m in drill hole URNDD0067, 9.59 g/t gold over 3.69 m in drill hole URNDD0070.

Crocodile Gold is carrying out the drill program at the Crosscourse and Prospect deposits to a depth of up to 400 m in vertical and along an extended 650 m of strike length to validate the continuity of many mineralized zones.

The West Lodes is analyzed to be a parallel structure to the zone mineralization at Prospect deposit. The company has drilled below the tested West Lodes and cut important mineralization. It has extended the drilling program by further 1,500 m to validate the interpreted association. The company expects the significant extension of the scope of the Prospect deposit, if the association is validated.

Currently, the company is focusing on the drilling program along a 200 m strike at the Prospect deposit and to a depth of 200 m in vertical direction with holes at an interval of 25 m. The goal is to specifically design an exploration to access and to re-calculate resources and to carry out mineralization sampling at depth.

Source: http://www.crocgold.com/

Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.