
GoldQuest Mining Corporation announced the assay results of hole LTP 93, the third vertical hole into the Romero discovery within the Company's 100% owned Las Tres Palmas trend in the Dominican Republic.
Hole LTP 93 is a vertical hole located 25 meters to the east and 7 meters higher in elevation from the discovery hole, LTP 90 and 50 meters to the west of hole LTP 92. Hole LTP 93 displayed similar gross characteristics as holes LTP 90 and LTP 92 with mineralization seen directly below superficial landslip material, consisting of an upper gold unit with lower copper and some zinc, followed by deeper, higher grade gold and copper horizons at depth. A deep, high grade intersection was observed between 305.9 meters and 322 meters returning an uncut 16.1 meters intersection grading 34.7 gram per tonne gold, 2.06 % copper and 7.61 % zinc. The hole was terminated at 433 meters.
Mr Julio Espaillat CEO of GoldQuest said that "Hole LTP 93 is considered to contain the most mineralization seen in the holes drilled to date and further adds to our understanding of the Romero mineralization. The hole will likely be our deepest until a larger drill rig, with deeper drilling capability, arrives on site, which is expected to occur around the end of August. While the complete mineralization from top to bottom is 388 meters grading 2.46 gram per tonne gold and 0.88 % copper and the various horizons seem to be part of the same mineralizing system, the Company considers it prudent to focus on reporting separately the copper poor section above and the copper enhanced section below."
Source - GoldQuest Mining
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