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Riverstone Resources Obtains Gold Results from Goulagou II Deposit

Riverstone Resources has reported drilling results from seven diamond core hole from the 90%-owned Goulagou II deposit (GGII). This deposit is a part of the company’s flagship Karma gold project in West Africa. These holes were drilled as part of a program specifically designed to expand two high-grade mineralization shoots to depth and along strike.

GGII Location Map

The company has encountered 4.06 g/t gold over 22 m, 3.82 g/t gold over 28 m and 2.83 g/t gold over 84 m in hole DD-12-077; 7.18 g/t gold over 4 m and 3.97 g/t gold over 20 m in hole DD-12-073; 2.83 g/t gold over 10 m and 2.41 g/t gold over 40 m in hole DD-12-058; 1.65 g/t gold over 18 m and 2.78 g/t gold over 20 m in hole DD-12-080; and 3.43 g/t gold over 24.75 m and 2.41 g/t gold over 46.75 m in hole DD-12-081.

Mineralization at the GGII deposit expands to more than 2,500 m towards east-west and approximately 250 m in depth during deeper drilling in localized regions. These holes have expanded high-grade mineralization from former holes drilled along strike and down dip.

The high-grade mineralized shoots are exposed to depth and along strike in two directions. Holes drilled formerly in these high-grade mineralized shoots yielded numerous high-grade intersections, which include 2.45 g/t gold over 26 m, 3.6 g/t gold over 18 m and 4.3 g/t gold over 41 m.

Earlier, the company had drilled more than 85,000 m on the Karma project. It is anticipated that these drilling results will add to the Karma deposits’ overall resources.

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

G.P. Thomas

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G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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