Samples returned gold assays as high as 37.7 grammes of gold per tonne of ore, with others at 33.3 g/t gold, 33.1 g/t gold, 25.9 g/t gold, and 24.3 g/t gold.
Silver results included 56.8 g/t silver, 54.0 g/t silver, 52.7 g/t silver, and 46.7 g/t silver, with high lead values also recovered,
The average of all rock samples were 8.5 g/t gold, and 76% of all results were above 1 g/t gold. The results, the company said, validate historical rock sampling from 1987.
To increase the company's understanding of the site's potential and ensure an appropriate exploration strategy,
Rock sampling at the Marengo project, also in
Chief Executive David Price commented: "Despite the inclement weather, our field crews are continuing to work and are identifying some exciting targets. We are preparing for RC drilling at Double Event, as well as geophysics at Plateau and Marengo. A PML geological crew is currently in
"Our current work program is designed as preparatory ground work prior to geophysics and then drilling, which will commence as soon as possible and most likely in May/June. In the meantime, we look forward to providing further updates on our current field activities and results as they come to hand."
Shares were trading flat Monday at