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Heute wieder News zu AM Gold.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2012) - AM GOLD INC. (TSX VENTURE:AMG)(FRANKFURT:AMX) ("AM Gold" or the "Company") has demonstrated through its 2010-2011 drill programs, that Red Mountain is comprised of an extensive gold-mineralized Tombstone intrusive rock complex enveloped by a carapace-like zone of altered sedimentary rocks which are also mineralized with gold. The Company has established the potential for extensive tonnages of material extending to depth from surface that will require additional drilling to delineate its overall distribution.
Red Mountain is a dome rising 500 meters above the surrounding valley elevation of 1,000 meters. Geological, geophysical and geochemical data together with 16,572 meters of drilling in 61 diamond drill holes to date show that much of Red Mountain is prospective for gold mineralization. A volume of prospective rock measuring 3.5 by 2 kilometers in surface extent and extending to at least 500 meters depth has been established from the geological and geochemical data framework. Geophysical data indicates the intrusive rock forms the core of the dome extending to over 1000 meters in depth. The prospective intrusive host rock is interpreted to comprise a volume potentially exceeding 5 cubic kilometers.
This news release includes a comprehensive tabulation summarizing the previously disclosed intervals identified from the completed 2010 and 2011 diamond drill holes - all of which exhibit gold mineralization. In total, the Company drilled 35 holes at Red Mountain in 2010 and 2011. The results from the 35 drill holes were disclosed in the Company's news releases dated October 5, 2010, October 25, 2010, November 4, 2010, November 16, 2010, November 30, 2010, November 22, 2010, September 12, 2011, October 3, 2011, November 21, 2011 and January 11, 2012, copies of such news releases are available under the Company's SEDAR profile at www.sedar.com. A chart summarizing a comprehensive list of all the holes drilled by the Company to date at Red Mountain will be posted on the Company website at www.amgold.ca.
The Company expects to file an updated National Instrument 43-101 technical report for its Red Mountain property in the first Quarter of 2012. The updated technical report is expected to incorporate the results from the Company's 2011 drill program. The current inferred mineral resource estimate for Red Mountain is 79 M tonnes @ 0.52 g/t gold containing 1.32 M troy ounces of gold, utilizing a cut-off grade of 0.2 g/t gold (see the Company's news release of December 2, 2010 for the first time disclosure of the inferred resource estimate).
http://tmx.quotemedia.com/...le.php?newsid=47733449&qm_symbol=AMG
The Company expects to file an updated National Instrument 43-101 technical report for its Red Mountain property in the first Quarter of 2012.
Bis Ende März sollte man seine Shares gekauft haben, wenn man von einer postiven Resourcenschätzung ausgeht
Gruß
Inverse
heute wieder schöne Umsätze in Can.Kurs läuft auch in die richtige Richtung. Bleibe noch dabei.Tiefstkurse scheinen vorbei zu sein.
Scotia hat 466000 stk heut auf einen Schlag gekauft und scheint weiter zu kaufen.
In Deutschland scheint sich keiner für den Wert zu interessieren
Gruß
Inverse
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12 | AM GOLD GO! 1€ | Pollyanna | M.Minninger | 08.03.12 19:22 |