Edgewater Exploration Ltd TSXV:EDW announced assays from its Corcoesto Gold Project in Galicia, Spain. Results include 10.7 g/t gold over 17 metres (including 148.5 g/t over 1.1 metres), 1.5 g/t over 43.4 metres, 2.7 g/t over 13.3 metres, 0.9 g/t over 31.1 metres, 4.3 g/t over 6 metres, 1.8 g/t over 13.3 metres, 2.7 g/t over 8.5 metres (including 18.6 g/t over 1 metre), 0.8 g/t over 26 metres, 1.7 g/t over 8.1 metres and 0.8 g/t over 17.5 metres.
President/CEO George Salamis commented, “The Corcoesto Gold Project has a current measured and indicated resource of 315,000 ounces gold and an inferred resource of 885,000 ounces gold. Through the current drilling we continue to expand the main gold zones and are confident that this recent drilling confirms the potential for a significant expansion of the gold resources on the project. Our recent results clearly demonstrate that the project has excellent potential for additional near surface mineralization on strike to the east and a higher grade portion to the system plunging at depth on several sections.”
View Company Profile
by Ted Niles