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Crusader Resources delivers exciting drill results from Brazilian gold project

The Alta Floresta belt in western Brazil is generating interest for a number of the industry's major players
Crusader Resources delivers exciting drill results from Brazilian gold project
The core samples have yielded some interesting results

Crusader Resources Ltd (LON:CAS, ASX:CAS) has delivered some exciting drill results from three gold prospects in Brazil.

The high-grade Juruena and Novo Astro deposits are sited within the Alta Floresta belt in the west of the country, an area that is generating interest for a number of the industry's major players.

READ: Crusader Resources to seek up to £10.8mln ahead of AIM listing

This latest pass focused on the main trend line at Juruena and used smaller drill rigs that allow work to carry on the rainy season.

The company delivered 12.22 grams per tonne of gold over a 70 centimetre section starting at 29 metres below the surface from the Daniel target. Izau III yielded 3.17 grams over 1.57 metres from just 37 metres below surface, while Panelas delivered a 3.03-metre section grading 0.6 grams.

 

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Crusader Resources Ltd Timeline

Newswire
September 22 2016

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