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Canadian Gold firm detects possible gold-bearing quartz

Aug 06, 2011 News

 

Otish Energy Inc. announced yesterday that rock samples assay results from its wholly owned Puruni Gold Project in the Mazaruni Mining District discovered a possible gold-bearing quartz vein structure.
The company said in a press release that “these sample results and the recent induced polarization results suggest the possibility of a gold-bearing quartz vein structure. Drilling is required to confirm the existence of this structure.”
One sample returned 1940.0 grams per tonne gold (gpt Au) or 56.8 ounces per tonne gold. The second sample returned 503.8 grams per tonne while a third sample returned 791.3 grams per tonne.
The samples are selective grabs taken from quartz boulders recently excavated from Zone A on the Puruni Property. Zone A is marked by a strong induced polarization anomaly and a coincident gold-in-soil geochemical anomaly.

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