SAS reports additional significant grade and width intercepts from underground drilling at the Taylor Advanced Exploration Project Photo_Asset_1
May 06, 2014
Drilling returns:
16.62 g/t Au over 19.4 m (11.95 g/t Au cut), including 24.93 g/t Au over 12.6 m (17.73 g/t Au cut) and
26.21 g/t Au over 10.3 m (9.63 g/t Au cut)
TORONTO, May 6, 2014 /CNW/ -
St Andrew Goldfields Ltd. (TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") is pleased to provide an update on the recent underground drilling program on the 1004 lens of the West Porphyry Zone ("WPZ") at its Taylor Project ("Taylor"), located on the western portion of the Company's land package in the Timmins mining district, north- eastern Ontario, Canada.
HIGHLIGHTS OF TAYLOR DRILLING RESULTS
T220-034: 8.88 g/t Au over 29.2 metres (6.11 g/t Au cut),
T220-046 16.62 g/t Au over 19.4 metres (11.95 g/t Au cut) including 24.93 g/t Au over 12.6 metres (17.73 g/t Au cut)
T220-049: 26.21 g/t Au over 10.3 metres (9.63 g/t Au cut), Notes: All lengths are reported as core lengths. True widths are expected to range from 85-95% of the core length; all assays cut to 30.00 g/t Au.
"These recent results from the definition drill program further solidify our confidence in this project," said Duncan Middlemiss, President & CEO of SAS. "With the addition of a second underground drill, we will be able to increase our drill density and use this additional information to update the resource model for the 1004 lens prior to extracting the bulk sample. Ramp development is progressing as planned and we remain on schedule for our bulk sample in Q4."