Grandview Gold Inc TSX:GVX announced results from its Dixie Lake Property in the Red Lake gold district of Ontario. Assays include 6.9 g/t gold over 11.3 metres (including 10.78 g/t over 6.3 metres), 2.24 g/t over 10.9 metres (including 7.35 g/t over 1 metre), 1.04 g/t over 11.1 metres (including 2.29 g/t over 1.8 metres) and 1.21 g/t over 7.1 metres (including 4.02 g/t over 1 metre). Grandview has earned a 67% interest in the property under an option with Newmont Mining Corp NEM.
Grandview President/CEO Paul Sarjeant commented, “Our objectives this summer were to re-drill historic holes as confirmation that the gold zone exists and I think we successfully accomplished that task. Holes 3 and 5 successfully tested for continuation of mineralization from historic holes and hole 5 seems to support the concept of plunging mineralized shoots within the mineralized structure, demonstrating high-grade targets within an overall mineralized horizon. Holes 2 and 9 have wide intercepts of just over a gram per tonne and demonstrate that the envelope or zone of mineralization was repeatable in these instances. We are confident and pleased by our progress to date in redefining the historic resource.”
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Grandview Gold Inc
by Greg Klein