Canaco Reports Additional Drill Results at Magambazi, Including 11.0 Metres at 14.75 Grams per Tonne Gold, and Provides Exploration Update for the Handeni Project
Thursday, 03 November 2011 10:51
Canaco Resources Inc. announced new assay results from diamond drilling at the Magambazi gold discovery and to provide an update on exploration at the Company's Handeni project in Tanzania.
Canaco continues extensive delineation drilling at Magambazi, with significant additional infill and extension intercepts as highlighted below. Two additional diamond drill rigs have been added to the program to aggressively test key targets immediately peripheral to the main area of Magambazi mineralization.