Grayd Resource Corp TSXV:GYD announced assays from the Tarachi part of La India Property in Sonora State, Mexico. Highlights include 0.35 g/t gold over 228.6 metres, 0.3 g/t over 231 metres (including 0.63 g/t over 23 metres), 0.4 g/t over 169.3 metres (including 1.38 g/t over 18 metres) and 0.21 g/t over 263.6 metres (including 0.43 g/t over 47.3 metres).
President/CEO Marc Prefontaine remarked, “Drilling continues to expand the area of confirmed gold porphyry-style mineralization at Tarachi. Gold porphyries are characteristically moderate to low grade. Drill results that have very wide intercepts of lower-grade material with local structurally controlled zones of higher grades are typical for this kind of deposit. Importantly, gold porphyries can contain high tonnages that support large mining operations. Results at Tarachi are confirming that this system is very large. We plan to continue an aggressive drill program to test for an economical deposit.”
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Marc A. Prefontaine
or Daniel G. McIntyre
Manager of Corporate Communications
by Greg Klein