Callinan Mines (CVE:CAA) continuing exploration program at Gossan Hill has located gold mineralization in each of 12 holes for which assay results have recently been received.
The press release is quoted as saying:
The best results, in hole GOS 25, grade 9.73 grams of gold per tonne, and 6.91 grams of silver per tonne over a width of 5.75 meters. The gold intersection in DDH GOS 25 included a width of 3.35 meters grading 15.80 grams of gold per tonne, and 10.87 grams of silver per tonne. Diamond Drill Holes GOS 25 and GOS 26 have successfully established the mineralized structure below the 200 meter level. The zone of mineralization still remains open on strike and down dip.