Atlanta Gold Inc ATG:CA announced results from the Glaspey Zone of its Atlanta Property in Idaho. Assays include 3.81 g/t gold over 3 metres, 1.6 g/t over 9.1 metres, 3.29 g/t over 1.5 metres, 2.09 g/t over 4.6 metres, 2.3 g/t over 3 metres, 1.51 g/t over 3 metres, 1.23 g/t over 6.1 metres, 1.2 g/t over 3 metres and 1.13 g/t over 1.5 metres.
President/CEO Bill Baird said, “Grades from the first four intermediate drill holes drilled by the company ranged from 0.686 to 9.017 g/t over short intercepts. In the late 1980s and early 1990s, previous operators of the Atlanta project drilled 21 intermediate depth holes to a maximum vertical depth of 563.9 metres and the related assays ranged from 5.589 to 58.594 g/t over widths ranging from 2.9 to 18.1 metres. They indicated the potential for higher grade mineralization at depth and were the basis for initiating the company’s intermediate depth drilling program in 2010. These historic results together with the confirmation in 2010 of continuity at depth, discoveries of a possible parallel gold-bearing structure north of the Atlanta Shear Zone and a possible connection to the 1,219-metre long Tahoma structure which is located approximately 805 metres north of the main shear warrant an aggressive follow up drilling program in 2011.”
View Company Profile
or Investor Cubed Inc
by Ted Niles