Cosigo Resources Ltd. (TSXV:CSG) received assay results from fifteen reverse-circulation drill holes on its Machado project in Colombia. Highlights include 17.19 g/t Au over 3.04m from 68.58m down hole depth in drill hole13MR007, which ended in mineralization.
As quoted in the press release:
Highlight intercepts include:
- 17.19 g/t Au over 3.04m from 68.58m down hole depth in drill hole13MR007, which ended in mineralization
- 2.53 g/t Au over 13.72m from 9.14m down hole depth in drill hole13MR018, which successfully intersected metasedimentary strata historically targeted by artisanal gold producers
- 8.32 g/t Au over 1.52m from 44.19m down hole depth in drill hole 13MR011
Cosigo Resources Ltd. President and CEO, Dennis Milburn, said:
Machado is a 35 km long ridge and part of a district-scale metasedimentary system. We are very encouraged by the results to date, which indicate that the Machado property is underlain by several zones of stratabound gold mineralization.