Canaco Drills 49.0 Metres at 3.92 Grams per Tonne Gold at Magambazi, Including 9.3 Metres at 11.6 Grams per Tonne Gold; Extends Western Lodes
Tuesday, 13 September 2011 07:12
Canaco Resources Inc. announced new assay results from diamond drilling at the Magambazi gold discovery on the Company's Handeni project in Tanzania.
Seven diamond drill rigs continue drilling at Magambazi, where the recent focus is on delineation and extension of known mineralization at the Main, Western, Cave and Southern Gneiss lodes. Results have been received for 21 new drill holes.