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Troy Resources intersects high-grade gold 2 kilometres from mill in Guyana

The results point to a large mineralised zone with mineable widths of high-grade gold.
Troy Resources intersects high-grade gold 2 kilometres from mill in Guyana
Troy's Karouni Operation is in the South American nation of Guyana

Troy Resources Ltd (ASX:TRY) has intersected high-grade gold in a reverse circulation (RC) drilling program at the Larken prospect, 2 kilometres east of the company’s Karouni mill in Guyana.

The program comprised 42 drill holes for 2,448 metres and demonstrate the occurrence of a mineralised zone with mineable widths of high-grade gold over a strike length of around 400 metres.

Only a few holes did not record any notable gold mineralisation.

READ: Troy Resources’ drill results confirm growth potential of Karouni gold project in Guyana

Highlighted intersections include: 5 metres at 6.27 g/t gold from 20 metres; 4 metres at 6.70 g/t from 13 metres; 3 metres at 13.63 g/t from 37 metres; and 6 metres at 4.14 g/t from 39 metres.

Other holes produced assays of: 3 metres at 5.19 g/t from 67 metres; 8 metres at 3.23 g/t from 18 metres; and 7 metres at 2.84 g/t from 42 metres.

Ground disturbance from previous artisanal mining did not allow access to some locations, resulting in some areas targeted for infill holes remaining undrilled.

Troy will prepare a mineral resource for Larken incorporating the new results.

Visible gold

Larken is a shear-hosted deposit on a parallel shear to the Smarts-Hicks shear.

Mineralisation is related to the contact of sheared basalt and an iron-rich mafic unit.

Intensive quartz veining with moderate disseminated pyrite has been intersected and one drill hole has logged visible gold

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Troy Resources Ltd Timeline

December 16 2015
February 26 2014

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