GreenOre Gold Plc (GreenOre) is delighted to announce the results of the test hole drilled at the ‘Kerry Road Deposit’ near Gairloch, North-West Scotland. The hole was designed to intercept the known mineralised body and apply modern geochemical techniques to establish the reliability of the historic reported grades. The hole was drilled in HQ (63.5mm), larger than the historic BQ (36.5mm) sized holes and intercepted the mineralised quartz in fresh rock at 19m. Hole ended at 55m. Each sample was one metre of half core and analysed using fire assay and ICP. The entire 17m section from 19-36m revealed 1g/t Au, 0.9% Cu and 0.6% Zn and included an 8m section from 22-30m grading 1.8g/t Au, 1.4% Cu and 0.7% Zn. The results closely match that which was reported by Consolidated Goldfields in 1983 and the reported resource from the British Geological Survey (BGS) book entitled; Exploration for Metalliferous minerals in Britain: a guide, Second Edition 2000, which states 500,000 tonnes at 1g/t Au, 1% Cu and 0.5% Zn.
Managing Director Gavin Berkenheger said: “We are happy with these results and will continue our assessment of the deposit to determine its economic potential.”
This announcement has been reviewed and approved by Gavin Berkenheger (CGeol) in his capacity as the Qualified Person.
Information for Editors:
GreenOre is a mineral exploration company with a focus on Scottish gold deposits. GreenOre currently hold 7 Option Agreements for gold and silver with the Crown Estate Scotland covering a total of 1721km squared in Aberdeenshire, Ayrshire, Perthshire and Ross-shire. Aberdeenshire and Ayrshire exploration blocks are under joint venture with Koza Ltd.
Further information can be sourced from the Company website: www.greenoregold.com