Update: On July 26, 2012, Stronghold Metals Inc began trading as Eagle Mountain Gold Corp TSXV:Z.
Stronghold Metals Inc TSXV:Z announced assay results from its Tucuma Property in the Carajas mineral district, Para State, Brazil. Highlights include 5.7 g/t gold over 1 metre, 3.28 g/t over 7.9 metres (including 24.75 g/t over 1 metre), 1.43 g/t over 2.4 metres, 1.19 g/t over 6.9 metres, 5.6 g/t over 1 metre, 1.32 g/t over 7 metres (including 8.02 g/t over 1 metre), 1.49 g/t over 2.6 metres and 2.2 g/t over 3.7 metres.
President/CEO Yannis Tsitos commented, “We are excited and encouraged with the drilling results of the first six holes at Tucuma Project, especially the fact that every drilled hole in this campaign has intersected gold mineralisation. The Tucuma Project in Brazil is a high-quality exploration stage gold and IOCG copper-gold project with numerous untested targets. The company is currently evaluating the historical and current drill results, as well as current auger drilling and trenching analytical data, the numerous locations of Garimpo workings and historical geophysical data all located in such a vast property, in order to define the most effective and efficient means of further developing the Tucuma Project.”
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by Ted Niles