Lupaka Gold has reported the assay results of six further drill holes from the current drilling conducted at its Crucero Gold project, south Peru. It has encountered wide mineralized intercepts at the project.
Plan View of A-1 Zone at Crucero Project
The company has intersected 3.11 g/t gold over 10.1 m, 2.10 g/t gold over 37.0 m, 1.94 g/t gold over 14.0 m and 1.64 g/t gold over 19.0 m in the hole DDH-37, 7.33 g/t gold over 6.0 m, 3.20 g/t gold over 8.4 m, 1.82 g/t gold over 37.0 m in the hole DDH-38, 5.98 g/t gold over 5.0 m and 1.47 g/t gold over 27.0 m in the hole DDH-44 and 1.20 g/t gold over 48.0 in the hole DDH-46.
Lupaka Gold has drilled 17 holes and more than 5,400 m from the beginning of the 2011 drilling campaign. Assays from the primary exploratory hole drilled at the A-11 zone are pending. The target of the 2011 drilling is on the resource extension at the A-1 zone and this drilling examines further anomalies discovered at the 5,500 ha claim region.
The CEO and President of Lupaka Gold, Eric Edwards has stated that the latest drill program has demonstrated the strength, consistency and growth prospective of the mineralization over the A-1 zone. Main mineralized intercepts were encountered in the hole DDH-38 located at the Crucero project.
Additionally, the company has drilled DDH-47 and DDH-48 holes but did not encounter significant assays. It drilled these holes outside the existing mineralization envelope for analyzing the mineralization’s potential eastward expansion.