La Ronge Gold, a gold exploration company, declared that final assay results have been received from the 2012 winter-spring drilling program conducted on its Preview SW Gold Deposit, which is located in northern Saskatchewan, Canada. The deposit has been further expanded along strike to the NW for 70 m.
Step-out drilling was performed, which validated that the Preview SW Gold Deposit remains exposed along strike, towards the northeast and southwest. PR12-132 drill hole intersected 36.10 m of 2.06 g/t gold beginning at 96.10 m, and PR12-134 drill hole intersected 30.79 m of 1.09 g/t gold beginning at 45.96 m.
PR12-132 and PR12-134 holes were drilled along the 7215N section, 70 m northeast of prior reported PR12-130 and 132 holes, 100 m northeast of Cameco's prior drilling, and towards the northern limit of Cameco's resource estimate. PR12-132 hole intersected 36.10 m of 2.06 g/t gold, and PR12-134 hole intersected 23.39 m of 1.27 g/t gold. Assay results from these step-out drill holes signify that the deposit extends and remains exposed to the northeast.
PR12-133 hole was drilled 150 m northeast of PR12-132 and PR12-134 holes, and encountered narrow intermittent gold mineralization zones that vary between 2.30 and 2.71 g/t gold over less than 1 m of intervals.
PR12-132 hole was drilled to a depth of 250.1 and at an azimuth of 112.0, Dip -45 degrees; PR12-133 hole was drilled to a depth of 236.1 m and at an azimuth of 112.0, Dip -45 degrees, and PR12-134 hole was drilled to a depth of 201.5 m and at an azimuth of 112.0, Dip -45 degrees.
Work will commence shortly on the deposit’s resource estimate compliant with National Instrument 43-101 standards.