I wonder....
posted on
Feb 28, 2011 08:58AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
...if we will have an intercept like this. I guess its possible, because it has happened and we have had globs like this taken from the A-4.
Toronto, ON. February 28, 2011 - Rainy River Resources Ltd.
(the “Company” or “Rainy”) announces
further assay results from the Rainy River Gold Project (“RRGP”) in Northwestern Ontario. These results comprise the remaining 2010 drill campaign and include the first round of assays from the 2011 exploration program. None of this data has been included in the latest NI 43-101 resource estimate (3.42 M oz Measured & Indicated, 3.17 M oz Inferred, see news release dated February 24, 2011) for the RRGP. All results are summarized in Table 1, below. Significant intercepts are discussed below.
Highlights
•
942.6 g/t (27.5 oz/ton) gold and 54.2 g/t (1.5 oz/ton) silver over 3.0 m in newly discovered Gap Zone
between ODM and Beaver Pond Zones •
4.7 g/t gold over 7.5 metres in the Gap Zone •
2.7 g/t gold over 37.5 m in 17 Zone, including 5.0 g/t gold over 15.0 m •
1.4 g/t gold over 33.0 m in South Zone •
HS Zone potential expands westward – 41.4 g/t gold over 1.5 m
ODM/17 Zone Drilling within the ODM/17 Zone continues with efforts focused on the gap between the western ODM and the Beaver Pond Zones (referred to as the Gap Zone). Drill hole
intersected several intervals of high-grade gold
mineralization, with the most significant interval grading
1,845.0 g/t gold and 99.2
g/t silver over 1.5 m and 40.1 g/t gold and 9.1 g/t silver over 1.5 m
. This intersection lies approximately 150 metres
east of a previously-announced high-grade intersection from the Beaver Pond Zone (
in hole
NR09-446
, see press release dated January 18th
, 2010) at a similar elevation and represents a new area for exploration.
Each of these intercepts contained notable quantities of visible gold. A second interval within the GAP Zone, and lying approximately 15 metres above this high-grade interval in hole
.