Thursday, 3rd July 2008 (522 views)

Canada Mining Journal has described the results from Golden Tag Resources' Aquilon Main gold property as "almost unbelievable".

Last month Golden Tag Resources reported it has found 12,906.5 g/t of gold across 0.2 metres in the Lingo Gold Occurrence.

Another result from the same drill hole returned 3,230.9 g/t of gold across 0.8 metres.

Other results from the property include 90.6 g/t of gold across 0.25 metres, 70.1 g/t of gold across 0.32 metres and 11.54 g/t of gold across 2.05 metres.

In 2003, Golden Tag Resources acquired a two stage option for the Aquilon Main property, the first to buy 40 per cent interest in the project and the second to increase this to 60 per cent.

Golden Tag has properties mainly in James Bay, Quebec and Red Lake, Ontario.

Recently it acquired a 50 per cent interest in the San Diego property in Mexico by spending a total of $1.5 million in exploration over three years at the site.

 

« Back to Gold News stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.