Tanzanian Royalty Traces Gold-bearing Shear Zones Along Strike Length of 2.2 Kilometres at Kigosi Project in Tanzania
23 2월 2008 - 2:55AM
PR Newswire (US)
Trade Symbol: TSX: TNX AMEX: TRE VANCOUVER, Feb. 22
/PRNewswire-FirstCall/ -- Tanzanian Royalty is pleased to announce
that all assay results have been received from the Phase 5 drilling
program on its Kigosi Gold Project. The Reverse Circulation (RC)
drill program was completed in December 2007 and consisted of 64
holes aggregating 3,659 metres, bringing the total drilled at
Kigosi to 16,958 metres in 378 holes. According to Tanzanian
Royalty President, John Deane, "The objective of this fifth phase
of drilling was to test the strike continuity of the Luhwaika reef
system to the southeast on two 200 metres-spaced lines, and to
drill infill holes down-dip and along strike of mineralization
identified in previous drilling in the northwest area." Drilling
was conducted along nine control lines with a central baseline
having a strike length of 2.8 kilometres. Hole spacing was 30
metres, he noted. The two shear zones hosting the high grade shoots
have now been traced along a strike length of 2.2 kilometres. Both
structures are still open towards the northwest and southeast. The
gold bearing shoots within these shear zones have strike lengths
ranging from 100 to 1,300 metres and most of them appear to be
closing off to the northwest. Below is a summary of the shoot
statistics:
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No of Thick- Shear Shoot RC Length Width ness Grade System Name
holes (m) (m) (m) (g/t) Comments
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Luhwaika Main Falcon 8 +/-850 10-20 1-2 2.59-8.83 Closed
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Luhwaika Main Bateleur 17 +/-1300 10-20 1-3 1.99-101.25 Closed
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Luhwaika Main Eagle 7 450 10-20 1-2 2.10-6.65 Closed
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Luhwaika Open to Main Goshawk 4 650 10 1-2 7.14-35.70 west
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Luhwaika West Flamingo 3 300 10 1 3.96-4.46 Closed?
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Luhwaika Open to West Pelican 7 1000? 10-30 1-2 2.77-16.46 west
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Luhwaika Open to West Albatross 3 +/-250 10 1 4.63-20.30 west
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The shoots are separated by lower grade (