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PC Gold Releases Latest Central Pat East Drilling, Summarizes Results to Date and Plans all-Weather Road to Discovery Site | | | Ottawa, Ontario – September 1, 2011 - PC Gold Inc. (TSX: PKL) is pleased to report additional drill results from the new near-surface Central Pat East (“CPE”) discovery (Table 4, below) and to summarize: - Table 1: higher grade (>4 g/t Au), potential underground intercepts achieved to date at CPE
- Table 2: moderate grade, potential bulk underground (2-4 g/t Au) intercepts achieved to date at CPE
- Table 3: lower grade, potential open pittable (0.5-2 g/t Au) intercepts achieved to date at CPE
Holes drilled into the core area of the CPE discovery, particularly those drilled from a 230 azimuth (akin to the drill direction favoured at CPE’s namesake past producing Central Patricia Mine 6 kms to the southwest) commonly encounter higher grade shoots within broad lower grade envelopes. The overall grade of the core area is expected to increase as drilling achieves a density sufficient to define these shoots, and discover new ones. A general increase in the tenor of the mineralization with depth has also been observed at CPE. This suggests that significant potential exists for further discoveries below shallow mineralization within and outside the core area. For a full pdf copy of this press release please click here. | | |
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