Gold Basin Resources drills 9.14 metres of 3.49 g/t gold at Gold Basin Project, Arizona
Gold Basin Resources Corp. [GXX-CSE] reported the final batch of assays from the recently completed Phase 1 reverse circulation (RC) drilling program at the Cyclopic area of its 100%-owned 7,669.34-acre Gold Basin oxide gold project in Mohave County, Â northwestern Arizona.
The Phase 1 Drilling Program focussed on the near-surface (above 100m) gold mineralisation, which shows excellent continuity of gold mineralisation both laterally and vertically, and remains open in all directions. The Phase 2 Drilling Program is currently being planned and is expected to continue to both infill data gaps and attempt to expand the gold mineralisation along and across the current 1,650-metre strike.
| Highlights include 9.1 metres at 3.5 g/t gold, including 15.9 g/t gold from 6.1 to 7.62 metres in Hole CM-20-112. Hole CM20-114 returned 4.57 metres at 1.38 g/t gold. Hole CM20-122 returned 7.62 metres at 2.03 g/t gold. Refer to company press release for complete assays. |
Resource World Magazine Inc. has prepared this editorial for general information purposes only and should not be considered a solicitation to buy or sell securities in the companies discussed herein. The information provided has been derived from sources believed to be reliable but cannot be guaranteed. This editorial does not take into account the readers investment criteria, investment expertise, financial condition, or financial goals of individual recipients and other concerns such as jurisdictional and/or legal restrictions that may exist for certain persons. Recipients should rely on their own due diligence and seek their own professional advice before investing.