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Riverstone Resources Inc. reported additional positive results from the drilling program on the Yaramoko gold permit in Burkina Faso, West Africa.
Assays include data from 13 of the 44 diamond drill holes that were drilled on Bagassi Central in the period June through August. Assays are pending for the remaining 31 holes of which 21 holes contain visible gold, including eight of the ten holes drilled more than 175 metres west of the holes reported in this release. These eight holes may be a continuation of the structure evident at Bagassi Central. Highlights Include: • 62.8 g/t gold over 16 metres, including 226.9 g/t over 3 metres in DDH-022 • 17.2 g/t gold over 12 metres, including 32.3 g/t gold over 6 metres in DDH-009 • 14.1 g/t gold over 9 metres, including 42.6 g/t over 2 metres in DDH-06 "We are very pleased with these results from the Yaramoko drilling program," commented Michael D. McInnis, President and CEO of Riverstone Resources. "These results confirm and expand the high grade intercepts that were previously reported for this zone in our news release dated April 8, 2011. This clearly is an important high-grade gold discovery that remains open for expansion." The Yaramoko property is one of three Riverstone properties that are subject to an Option Agreement with Roxgold Inc. Under the terms of the Option Agreement, Roxgold can earn a 60% interest in the Yaramoko property by incurring exploration expenditures of $1.5 million and issuing a total of 360,000 Roxgold shares and a total of $100,000 to Riverstone over the three year term of the agreement. More information, click here. |
