Tuesday, 12th July 2005 (2783 views)

Absolut Resources Corp. has announced more drilling results from its drill program in Peru.

The company conducted a phase three reverse circulation drill program on the Pico Machay, High Sulphidation Gold Project.

Dan Noone, president and CEO of Absolut, said: "We are extremely excited by the results of this latest drilling campaign.”

“Not only have we effectively doubled the known strike length of the main zone, but wildcat drilling on the north and north-eastern extents of the dome have returned significant gold intercepts.”

Highlights of the exploration focussed on the most westerly hole in the central zone.

The central zone of mineralisation is now over 600m in strike length and open to the west and northeast.

Abolut’s geologists gained a greater understanding of the controls on mineralisation and the company are set to release further result of reconnaissance work in due course.

 

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