logo-loader

Overland Resources samples 19.95g/t gold at Rio Negro, Columbia

Last updated: 11:40 25 Nov 2013 AEDT, First published: 10:40 25 Nov 2013 AEDT

no_picture_pai

Overland Resources (ASX:OVR) has received final assay results from outcrop sampling at its Rio Negro Project in the Republic of Colombia.

Three anomalous gold zones were identified, with gold assays up to 19.95 grams per tonne returned.

Notably, alteration at northern gold anomalous zone is indicative of porphyry related intrusive activity.

This work program was designed to validate results reported by Colombian Mines Corporation and assist in generation of priority areas.

Overland will conduct soil geochemistry in December, focusing on the central and northern areas in order to define potential drill targets.

Rio Negro lies in the same structural corridor that hosts the 12 million ounce California gold fields in Colombia, and Overland continues to assess other potential mineral targets in the vicinity.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

Poseidon Nickel signs binding agreement with Mineral Resources to divest...

Departing Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) CEO Craig Jones and incoming CEO Brendan Shalders join Proactive’s Jonathan Jackson to discuss the divestment of Lake Johnston to Mineral Resources Ltd (ASX:MIN). Jones, who has played a pivotal role in this strategic move, shared insights on...

2 hours, 47 minutes ago