Posted in | News | Gold | Silver

Dutch Gold Resources to Complete Phase I Drilling of Jungo Property

Dutch Gold Resources, Inc. today announced that it will complete Phase One of its previously announced drilling program on or before January 10, 2011.

The Company is pleased that the project will be completed within budget and in an acceptable time frame.

The initial angled core hole is being drilled on the Jungo property to begin to create a three dimensional model of the geology exposed by the previous trenching. The hole will be drilled to undercut trench JPT3, which was excavated in 2010. In particular, the hole will focus on the orientation and downward development of the volcanic venting exposed in the trench. Among the mineralization encountered in the vent breccia was a ten-foot zone that assayed 2.58 grams of gold and 89 grams silver. The company expects to complete the initial core hole by the fifteenth of January.

"We expect to have results from the drilling analyzed by the end of January 2011, beginning what the Company believes to be a very active exploration and development year," said Daniel Hollis, CEO.

Source:

Dutch Gold Resources, Inc.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.