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Troy teases out more near-mine gold in South America

Sumary of Troy teases out more near-mine gold in South America:

  • File Share to FacebookShare to TwitterEmail UsCopy the Link ASX-listed Troy Resources has teased out further high-grade gold hits from the last four diamond drill holes at its Smarts Underground gold deposit which sits snuggly between its active Smarts open pits at the centre of its Karouni gold project in Guyana, South America…
  • The latest batch of assays delivered multiple mineralised hits in each of the last four holes designed to test the Smarts Underground lode…
  • The richest grades came from drill hole SDD204 with intercepts of 3m at 17.35 g/t gold from 176m, 5m at 14.14 g/t gold from 232m and 3m at 9.92 g/t gold from 240m downhole…
  • Troy said the broadest widths were intercepted in drill hole SDD205 that encountered a 14m intersection going 2.04 g/t gold from only 53m downhole…
  • Troy SDD206 diamond drill hole intercepted four separate zones of gold mineralisation, including a serious 20m at 3.68 g/t from 212m downhole…
  • The other hits in the SDD206 drill hole were 5m at 12.60 g/t gold from 95m, 7m at 6.44 g/t gold from 112m and 4m at 9.9 g/t gold from 318.5m downhole…
  • The company said it designed the latest successful drill holes to increase confidence it the Smarts Underground resource and also test the continuity of mineralisation between the Smarts 2 and Smarts 3 ore shoots…
  • However, Troy has already touted an imminent update to the Mineral Resources for Smarts Underground plus an inaugural Ore Reserve with key economic parameters included…
  • Troy has also completed a reverse circulation drill campaign at its surface Goldstar prospect which is located amongst historical artisanal workings some 13km north of the Karouni mill…
  • Some of the best hits from the latest drill hole at Goldstar were 9m at 1.17 g/t gold from 19m, 4m at 2.36 g/t gold from 7m and 6m at 1.7 g/t from just 5m below surface….

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