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Riverstone Continues to Expand Gold Mineralization at Goulagou I on the Karma Project PDF Print E-mail
Tuesday, 29 November 2011 06:04

Riverstone Resources Inc. reported additional results from 19 Reverse Circulation drill holes on the Goulagou I Zone, which forms part of the company's flagship Karma Gold project in Burkina Faso, West Africa.

The drilling was designed to infill the deposit at 50 metre spacing and also to expand the deposit along strike in both directions. These latest results have expanded the Goulagou I deposit by 50 metres east and by 100 metres west, and the deposit remains open in both directions and at depth. Mineralization has now been defined over a distance in excess of 2000 m on this deposit, and the width expands from 60 metres on the east end to in excess of 300 metres on the west.

Significant assay intervals are as follows:

• 1.02 g/t Au over 12 m and 0.82 g/t Au over 14 m in RC-217

• 0.61 g/t Au over 28 m in RC-222

• 1.92 g/t Au over 12 m in RC-228

"We are impressed that the Goulagou I mineralization is so consistent and continuous along strike, particularly to the west where the zone becomes quite wide, and well beyond that included in the last resource estimate" commented M.D. McInnis, CEO of Riverstone. "With the now completed infill drilling, we are concentrating on continuing to expand the resources along strike, particularly to the west."

More information, click here

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