BRITISH COLUMBIA - Vancouver-based NEW GOLD INC. (formerly DRC RESOURCES) is very encouraged by the first results from its 20,000-m underground drilling program at the former Afton copper mine near Kamloops.
Here are some of the highlights. Individual intersections encountered include 194 m grading 1.75% Cu and 1.08 g/t Au (2.55% Cu equivalent); and 30 m grading 3.27% Cu and 2.39 g/t Au (5.00% Cu equivalent). The weighted average for the principal mineralized intersections of the four holes assayed was 1.50% Cu and 0.96 g/t Au (2.20% Cu equivalent) over 122 m.
The underground exploration decline has now been advanced more than 950 m and is ahead of schedule. Ground conditions continue to be better than anticipated.
With the company's new name, comes a new website. Please visit www.NewGoldInc.com.
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