Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Drill Results

See the maps and note the position of the 007 develoment at about 40 meters below the 52 oz / ton intercept !!!

http://www.sangold.ca/i/pdf/2010-Sept-9-007-results_release.pdf

Note "Initial Development Underway" on the map is just below hole CD-09-007 which was 1787.7g/ton

to bad they don't post some pictures of the viens for us little insignificant sharesholders

here's the whole update:

September 9, 2010

For further information, contact: Dale Ginn Investor Relations Chief Executive Officer 1-800-321-8564 San Gold Corporation (204) 794-5818 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Initial underground development is on schedule and has accessed the 007 zone at the 240 meter (800 ft) elevation at the west end of the deposit. Over 120 meters (400 ft) of this zone has been developed at this elevation to date. New levels are being established above and below this elevation in preparation for test mining and bulk sampling. As well, the surface area above the zone is currently being prepared for an independent decline access set to begin over the next two weeks. This decline will be used to access the 007 deposit, to initially explore and develop the Cohiba deposit and to further explore the Emperor zone and historic Wingold deposit. The 007 zone is located approximately 2 kms to the north-east of San Gold’s operating Rice Lake mine and mill, is fully accessible by road and is accessible from the Hinge Mine decline. The 007 zone was initially discovered by San Gold geologists in November, 2009 and mine development towards the zone began early in 2010 originating from the Hinge Mine.

Share
New Message
Please login to post a reply