- Reunion Gold Corporation (RGD) has commenced the drilling program at its Oko West Project
- The program includes a combination of approximately 130 diamond and reverse circulation drill holes totalling up to 11,000 meters
- The company recently received encouraging assay results of channel samples from trench 58
- The Oko West area is in the Cuyuni River basin of Guyana, a traditionally mining-friendly jurisdiction.
- Reunion Gold Corp is a Canadian gold exploration and development company with a portfolio of projects in Guyana, Suriname and French Guiana
- Reunion Gold Corporation (RGD) is trading at C$0.065 per share at 11:20 am ET
Reunion Gold Corporation (RGD) has commenced the drilling program at its Oko West Project in Guyana.
The program includes a combination of approximately 130 diamond and reverse circulation drill holes totalling up to 11,000 meters.
Six diamond drill holes have been completed for a total length of 414 meters. An air-core/reverse circulation drill rig is currently in transit and should be available early in July to accelerate the program.
The company recently received encouraging assay results of channel samples from trench 58 demonstrating that gold mineralization extends about 120 m south of trench 26, which boasted an interval of 5.5 g Au/t over 34.5 m. Trench 58 included intervals assaying 5.4 g Au/t over 12 m (from 66.0 to 78.0 meters) and 1.8 g Au/t over 10 m (from 82.0 to 92.0 meters).
These results demonstrate that near-surface gold mineralization in Block 4 has a minimum strike length of 350 m, remaining open laterally and at depth. The Company will be drilling this exploration block shortly to confirm these extensions.
The Oko West area is in the Cuyuni River basin of Guyana, a traditionally mining-friendly jurisdiction. The company has an option to acquire a 100% ownership interest in mineral rights covering an area of approximately 11,900 acres. Gold mineralization is found in north-south shear zones straddling a six-kilometre-long contact of granitic and volcanic rocks within the project boundaries.
Reunion Gold Corp is a Canadian gold exploration and development company with a portfolio of projects in Guyana, Suriname and French Guiana.
Reunion Gold Corporation (RGD) is trading at C$0.065 per share at 11:20 am ET.