Canadian Mining Journal

News

GOLD: Atlantic Gold drilling returns long and strong



NOVA SCOTIA –  Atlantic Gold Corp. of Vancouver has reported the first assay results from definition drilling at the Cochrane Hill gold project in Guysborough County.

The Cochrane Hill deposit is part of the company’s Moose River Consolidated (MRC) project. Cochrane Hill has gold resources of 251,000 oz in 4.5 million tonnes at 1.8 g/t in the Indicated category and 298,000 oz in 5.6 million tonnes at 1.6 g/t in the Inferred category, but not yet included in the MRC life of mine plan.

Recent drilling cut varying lengths of gold mineralization. Some of the longest are 38 metres at 0.71 g/t Au, 33 metres at 1.08 g/t, 31 metres at 2.29 g/t, 30 metres at 2.06 g/t, and 28 metres at 1.35 g/t. The 31-metre interval included a 1-metre section that graded 23.1 g/t Au.

Atlantic Gold chairman and CEO Steven Dean commented, “We continue to demonstrate success in our new look at the style of mineralization in the Meguma in Nova Scotia. This program is confirming consistent wide zones of mineralization at open pit grades with the combination of the traditional quartz veins and the disseminated shale host mineralization amenable to open pit mining at relatively low strip ratios.”

More information is available at www.AtlanticGoldCorporation.com.