Sunday 4th December 2016

Resource Clips



Sandspring reports Guyana Assays including 1.32 g/t Gold over 241.5m

Resource Clips - essential news on junior gold mining and junior silver miningSandspring Resources Ltd TSXV:SSP announced results from its Toroparu Gold Deposit in Guyana. Highlights include

1.32 g/t gold and 0.03% copper over 241.5 metres
(including 2.31 g/t gold and 0.04% copper over 67.5 metres)
1.06 g/t gold and 0.17% copper over 300 metres
(including 1.58 g/t gold and 0.2% copper over 120 metres)
1.14 g/t gold and 0.17% copper over 213 metres
(including 2.05 g/t gold and 0.09% copper over 12 metres)
0.95 g/t gold and 0.08% copper over 225 metres
(including 2.13 g/t gold and 0.02% copper over 24 metres)
1.44 g/t gold and 0.04% copper over 46.5 metres
0.68 g/t gold and 0.02% copper over 94.5 metres
(including 2.09 g/t gold and 0.03% copper over 7.5 metres)

VP of Exploration Werner Claessens stated, “This is the final set of drill results that will be released prior to a restatement of the mineral resources. We are encouraged by the continued expansion of these higher-grade mineralization features which have the potential to improve the overall quality and size of the resource. In addition, drill hole TPD 265 continues the series of encouraging results from expansion drilling to the southeast of the current resource area, opening the possibility to extend the resource in this direction. We look forward to updating the results of the previous mineral resource estimate, based on 63,614 metres of drilling with results based on 100,235 metres drilled through TPD 265, as well as the recalculation of the project economics based on this revised resource estimate. Together with the recently signed mineral agreement with the government of Guyana, we expect the definition of this world-class resource to help propel the project toward full feasibility and development.”

View Company Profile

Contact:
Investor Relations
720.854.0104

by Greg Klein

Share |

View All: News Stories