Vancouver, Canada-based gold exploration company Goldsource Mines Inc has announced a new high-grade discovery from the first two diamond core hole results based on its ongoing exploration programme at the Salbora target, Eagle Mountain Gold Project in Guyana.
Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain. “Results from these near-surface diamond core holes show high-grade gold mineralization below the previously announced surface trench,” the company said in a statement. It added that the estimated mineralized footprint at surface, determined by initial work to date, is 500 metres long, 50 to 100 metres wide, unknown depth from surface, and open in all directions.
The company plans to expand its drilling to further define the high-grade discovery. “These first deeper drill holes at Salbora improve our understanding of the previously announced high-grade results, which included trenching and shallow sonic core drilling. Surface projection of gold mineralization to depth is apparent and remains open in all directions. These diamond drilling results indicate the potential to delineate a near surface, wide, high-grade gold deposit at Salbora which would expand the current resources at Eagle Mountain,” President of the company, Yannis Tsitos, was quoted as saying.
Goldsource is a Canadian resource company working to develop its advanced-stage, 100 per cent-owned Eagle Mountain saprolite and hard-rock gold project in Guyana. From 2016 to 2017, through a gravity pilot plant initiative, the company completed testing on gravity-only gold production and both dry and wet mining open-pit techniques. Goldsource is now focused on delivering feasibility studies to achieve large-scale gold production at Eagle Mountain, according to the statement.
