Curated News
By: NewsRamp Editorial Staff
July 11, 2024
Gold Basin Resources Announces Positive Assay Results from Arizona Project
Discuss on Reddit
LinkedIn
Substack
GithubTLDR
- Gold Basin Resources CEO announces positive assay results, giving the company an edge in the resource expansion and delineation drill campaign.
- The assay results from the first two reverse-circulation drill holes at the Gold Basin oxide gold project in Arizona show promising mineralization and high-grade zones.
- The successful drilling program at Gold Basin project in Arizona will enhance the overall resource estimate and unlock the project's full potential for future development.
- Assay results confirm the extension of a high-grade oxide gold plunge at depth, showcasing the robust nature of the Stealth oxide gold system.
Impact - Why it Matters
This news matters as it provides promising results validating the company’s strategy to expand the resource and delineate the high-grade zones within the Gold Basin project. The ongoing drill campaign aims to enhance the overall resource estimate, positioning the project for future development.
Summary
Gold Basin Resources CEO Colin Smith announced assay results for the first two reverse-circulation drill holes at the Gold Basin oxide gold project in Arizona. Assay results from resource expansion drilling at Stealth are on par with some of the best oxide gold results to date at the project and showcase the robust nature of the Stealth oxide gold system. The ongoing drill campaign aims to further define the extent of mineralization and enhance the overall resource estimate, positioning the project for future development.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Gold Basin Resources Announces Positive Assay Results from Arizona Project
