InvestorsHub Logo
Followers 112
Posts 21332
Boards Moderated 0
Alias Born 05/23/2004

Re: None

Tuesday, 05/23/2017 8:38:50 AM

Tuesday, May 23, 2017 8:38:50 AM

Post# of 1670
GIG HARBOR, Wash., May 1, 2017 /PRNewswire/ -- LKA Gold Incorporated (OTCQB:LKAI) reports that the first two holes drilled from surface by Kinross Gold USA in December 2016 encountered the same gold-bearing structure that hosted the bonanza-grade gold discovery at LKA's Golden Wonder mine above Lake City, Colorado.

Upon analyzing the drilling results with the Company's geology experts, LKA President, Kye Abraham, observes,"You can clearly see the same Golden Wonder host structure in both drill holes based on alteration and geochemistry. Both drill holes encountered the same elements that are present at the site of the initial discovery and intercepted the Golden Wonder host structure right on trend, almost 500' beyond our current workings. The geochemistry is consistent with the Kinross surface findings. We've got 1,000' of strike length and at least six big targets to test. If there's another ore shoot in here I think we'll find it."

Hmmm