Golden Goliath begins RC drilling at Las Bolas
2003-11-25 15:24 ET - News Release
Mr. J. Paul Sorbara reports
DRILLING AT LAS BOLAS STARTED
The company's reverse circulation drilling program on its 100-per-cent-owned Las Bolas property has now started. The drilling company had promised to have the drill rig working on the Las Bolas site no later than Nov. 20, but was delayed by several days. The drill rig actually arrived on the property on Nov. 24.
The currently planned program includes approximately 2,500 metres of reverse circulation drilling that will test numerous geological and geophysical targets. These targets include the down-dip extension of the high-grade silver and gold mineralization encountered in the old workings, most of which have been closed for over 100 years and have never been drilled before. These workings include the old Gambusino mine, where 107 samples collected Alex Boronowski, PGeo, along 420 metres of workings averaged 320.69 grams/tonne silver (9.3 ounces/ton) and 0.38 g/t (.011 ounce/ton) gold (or 0.14 oz/ton total gold equivalent).
The company is pleased to have the drilling co-ordinated by Mr. Boronowski as the qualified person on site as he is very familiar with the property and has extensive experience in epithermal silver and gold deposits.
Drilling will continue until Dec. 15, which is when the drill company crew will break for Christmas. Drilling will then continue in January. Samples will be sent in batches of approximately 500 to the Acme Analytical prep lab in Guadalajara. After drying and pulverizing the prepared samples will be sent to Acme's lab in Vancouver for analysis.
The company is very pleased with the Las Bolas project and looks forward to the upcoming drilling.
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