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Amarillo Gold Announces Completion of Drilling Program at Mara Rosa Project

By Joel ScanlonApr 16 2011

Amarillo Gold has completed the definition drilling program at the Mara Rosa project. The complete drilling program has planned to improve the definite gold resource at Mara Rosa from the inferred to the calculated and indicated categories and includes 31 drill holes, 8524 metres in total.

This drilling has concentrated on the material present in the hypothetical Whittle open pit shell, which is optimized for a US$1000 per ounce gold value. Amarillo is conducting new infill drilling that increases drilling depth from prior 24,500m to 33,024m.

The company has released the drilling results for the 15 holes from the definition drill program. It also reports the results of further four holes and therefore results for 19 drill holes are received.

Amarillo Gold has asked the Acme laboratory to accelerate the assay processing for the remaining 12 holes. The NI 43-101 complaint resource estimate will be created on the receipt of the assay results. This new resource estimate will turn out to be an essential part of the current pre-feasibility study.

Source:

http://www.amarillogold.com/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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