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Rincon releases gold project update

Wednesday, 20th October 2004 (2489 views)

Gold and exploration development company, Rincon Resources, has produced an update on its progress at its Tudor Gold Project.

The site located in eastern Ontario, in Canada, is to undergo a 25,000-foot wide, drill campaign in December and a field team has already completed a prospecting and mapping programme to ascertain targets.

A host of rock samples were collected from the site to identify a series of gold bearing alteration zones.

Results of 34 rock samples returned 24 gold analyses of greater than 0.3 grams per tonne and higher values were taken at other areas.

The company is now looking to conduct mechanical stripping, mapping and surface channel sampling.

Rincon is a newly formed company, which focuses on the discovery, acquisition and development of gold and precious metal projects across the world.

 

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