Resumen: Luna Gold (LGC) anuncia resultados positivos en las perforaciones de ensayo iniciales realizadas en el yacimiento de oro Piaba, Aurizona. El programa se llevó a cabo para extender la profundidad de la estructura mineralizada Piaba, por debajo del límite de la estimación de recursos del 2011 y para identificar objetivos de alto grado de oro en el sistema. Este programa inicial ha sido un éxito y consolidan a Piaba como un gran sistema de minerales, afirma el CEO de la empresa. Asimismo, los resultados extienden el yacimiento Piaba a profundidades de más de 600 metros de profundidad vertical.
Este ensayo corresponde a las operaciones en seis pozo de perforación, por un total de 3.950 metros perforados en seis secciones que abarcan una longitud de tres kilómetros del depósito Piaba.
Intersecciones importantes:
- En BRAZD438, se obtuvo 1.94g/t de oro a 26m, incluyendo 5.74g/t de oro y 6.09 g/t de oro a 2.0m. (Sección 0400E)
- En BRAZD436 se obtuvo 4.89 g/t de oro a 13m, incluyendo 25.10g/t de oro a 1.50m y 10.45g/t de oro a 0.5m (Sección 0100W).
Luna Gold Corp. Drills 13.00 Metres @ 4.89 g/t Au Including 1.50 Metres @ 25.10 g/t Au at Piaba, Aurizona and Extends Mineralization to Below 600 Metres Vertical Depth
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2012) - Luna Gold Corp. (TSX VENTURE:LGC)(LMA:LGC)(OTCQX:LGCUF) ("Luna Gold" or the "Company") is pleased to announce positive assay results from the initial deep drill program at the Piaba gold deposit, Aurizona. The program was conducted to extend the depth of the Piaba mineralized structure beneath the limit of the 2011 resource estimate and to identify high-grade gold targets at depth in the system. Program objectives have been met and an updated drill plan map and three dimensional Corebox model showing the drill hole locations in the deposit have been uploaded to the Luna Gold website at www.lunagold.com or to view directly click below.
Significant intercepts:
- 26.00 metres @ 1.94 g/t Au including 2.00 metres @ 5.74 g/t Au and 2.00 meters @ 6.09 g/t Au in BRAZD438 (Section 0400E)
- 13.00 metres @ 4.89 g/t Au including 1.50 meters @ 25.10 g/t Au and 0.50 meters @ 10.45 g/t Au in BRAZD436 (Section 0100W)
Luna Gold's President & CEO, John Blake, comments, "The initial deep drill program has produced very encouraging results extending the Piaba orebody to depths of over 600 metres vertical depth. The Piaba remains open along a 3.3 kilometre strike and at depth. All holes intersected down-dip extensions to the main deposit. The results from these six widely spaced exploration holes consolidate Piaba as a major mineralizing system. Several holes intersected high-grade mineralization confirming our deposit model and future programs will focus on vectoring towards higher grade potential underground targets. The results further demonstrate the major resource expansion potential of Aurizona which currently contains Measured and Indicated gold resources totaling 78.0 Mt at 1.26 g/t Au or 3.17 million ounces gold and Inferred gold resources totaling 15.2 Mt at 1.47 g/t Au or 0.72 million ounces gold."
Today's assay results are for six drill holes totaling 3,950 metres drilled on six sections covering a three kilometre strike length of the Piaba deposit. Drill hole spacing ranges from 300 metres to 900 metres along strike. All holes intersected the down-dip extension of the Piaba orebody with strong hydrothermal alteration characterized by graphite, silica, and sulfide though the mineralized zone. Piaba is a large and deep seated orogenic gold deposit containing high-grade cross-cutting structures hosted within a major shear zone. Significant mineralized intercepts from holes drilled across the deposit are tabulated below.
Table 1. Mineralized drill intercepts from the initial Aurizona deep drill program ordered from east to west. Intervals are calculated as composites using a 0.30 gram/tonne Au cut-off and maximum 2 metre internal waste. True widths to be established. Intervals lower than 1.00 g/t Au are not shown.
SECTION |
HOLE ID |
AZI |
DIP |
START DEPTH (M) |
END |
FROM |
TO |
INT |
AU (G/T) |
DEPTH |
(M) |
(M) |
(M) |
UNCAPPED |
(M) |
|
|
|
|
1100E |
BRAZD439 |
168 |
-70 |
|
600.4 |
No Intercepts greater than 1.00 g/t Au |
0400E |
BRAZD438 |
168 |
-77 |
0 |
640.73 |
558 |
584 |
26 |
1.94 |
|
|
|
|
|
Including |
561 |
563 |
2 |
5.74 |
|
|
|
|
|
And |
570 |
572 |
2 |
6.09 |
0100W |
BRAZD436 |
168 |
-70 |
0 |
682.9 |
564 |
576 |
12 |
1.12 |
|
|
|
|
|
|
594 |
630 |
36 |
1.4 |
|
|
|
|
|
Including |
606 |
607 |
1 |
7.33 |
|
|
|
|
|
|
642 |
654 |
12 |
2.09 |
|
|
|
|
|
Including |
643 |
646 |
3 |
4.98 |
|
|
|
|
|
|
658 |
671 |
13 |
4.89 |
|
|
|
|
|
Including |
659 |
660.5 |
1.5 |
25.1 |
|
|
|
|
|
And |
670.5 |
671 |
0.5 |
10.45 |
0700W |
BRAZD435 |
168 |
-70 |
0 |
776.54 |
602 |
603 |
1 |
4.11 |
|
|
|
|
|
|
665.5 |
669 |
3.5 |
1.55 |
1000W |
BRAZD434 |
168 |
-70 |
0 |
594.46 |
436 |
452 |
16 |
1.88 |
|
|
|
|
|
Including |
443 |
444 |
1 |
6.22 |
1900W |
BRAZD437 |
168 |
-75 |
0 |
655.16 |
528 |
534 |
6 |
1.02 |
|
|
|
|
|
|
554 |
559 |
5 |
2.13 |
|
|
|
|
|
Including |
554 |
556 |
2 |
3.81 |
To view Figure 1, please visit the following link: http://www.marketwire.com/library/20120812-luna_800.jpg.
To view Piaba Drill Plan Map, please visit the following link: www.lunagold.com/en/investormediarelations/resources/PiabaDrillPlanMap1.pdf.
To view Piaba Section 1100E, please visit the following link: www.lunagold.com/en/investormediarelations/resources/PiabaSection1100E1.png.
To view Piaba Section 0400E, please visit the following link: www.lunagold.com/en/investormediarelations/resources/PiabaSection0400E.png.
To view Piaba Section 0100W, please visit the following link: www.lunagold.com/en/investormediarelations/resources/PiabaSection0100W.png.
To view Piaba Section 0700W, please visit the following link: www.lunagold.com/en/investormediarelations/resources/PiabaSection0700W.png.
To view Piaba Section 1000W, please visit the following link: www.lunagold.com/en/investormediarelations/resources/PiabaSection1000W.png.
To view Piaba Section 1900W, please visit the following link: www.lunagold.com/en/investormediarelations/resources/PiabaSection1900W.png.
John Blake, President and CEO
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