Patriot Gold Announces Drilling Results for Bruner Project, Nevada
23 Avril 2009 - 3:29PM
PR Newswire (US)
LAS VEGAS, April 23 /PRNewswire-FirstCall/ -- Patriot Gold Corp.
(OTC Bulletin Board: PGOL) today announced the results of its
drilling program at Bruner, located in west-central Nevada 45 miles
northwest of the Round Mountain Mine. A total of 10,645 feet were
drilled in 20 holes. All of the holes were reverse circulation
(RC). A summary of gold/silver results is shown on the next page of
this release. The drilling found 3 intercepts of high-grade gold (5
feet of 0.975 oz/ton gold and 5 feet of 0.204 oz/ton gold in drill
hole B-04 and 5 feet of 0.189 oz/ton gold in B-20). In addition,
numerous thick intercepts of low-grade gold were found in the
holes. The best example of this is 60 feet of 0.015 oz/ton gold in
drill hole B-17. Two separate targets have been identified at
Bruner. One is high-grade gold in steeply dipping veins similar to
those historically mined in the district. The other is a Round
Mountain style target. The Round Mountain Mine has produced over 10
million ounces of gold from a large open-pit heap-leach operation.
The mine has been economic for many years producing at very low
grades. The current grade being mined is 0.018 oz/ton gold
according to a recent Kinross Gold Corporation report. Both the
Round Mountain Mine and Bruner project occur within large volcanic
centers and have similar host rocks. At the time of drilling
Patriot Gold controlled 22 unpatented claims totaling approximately
440 acres. The claims are located on federal lands managed by the
Bureau of Land Management (BLM). Patriot Gold is currently in the
process of increasing its land holdings in the Bruner District. A
map showing the location of Patriot Gold's 22 claims and drill
holes will be placed on the company's website
http://www.patriotgoldcorp.com/ in the near future. BRUNER PROJECT
SUMMARY DRILLING RESULTS HOLE Azimuth Dip Total Depth From To
Interval Gold Silver # Degrees Degrees Feet Feet Feet Feet Oz/ton
Oz/ton B-01 0 -45 300 210 220 10 0.010 0.04 230 250 20 0.011 0.13
B-02 0 -45 350 345 350 5 0.051