Niogold Mining Corporation Reports On The 2008 Diamond Drilling
August 12th, 2008NioGold Mining Corporation reports on the 2008 diamond drilling program on the Marban Block property located in the Malartic Gold Camp, Abitibi region, Quebec, where the Company has drilled 47 holes (16,370 metres) to date on the promising Marban West Extension target and Wedge Zone.
Initial testing of the West Extension target was completed at 100-metre drill section spacing up to 600 metres west of the former Marban Mine shaft, covering lines 100W to 600W. Assay results were received for 6 holes drilled on lines 400W and 500W.
get more table report at : Marban West Extension Drilling
The Company is very pleased with the results that confirm the presence of an important gold mineralised system over the West Extension target area with the potential for high-grade ore shoots (also see News Releases dated April 1, 2008 and May 13, 2008). In-fill drilling at 50-metre drill hole spacing is in progress in order to establish continuity to several recognised gold-bearing structures.
Best results received to date on the Marban West Extension target are tabled below. Reported intervals are in core lengths but are inferred to be close to true width as the holes were drilled perpendicular to the general structural trend. Readers are invited to review the Marban drilling surface plan and schematic cross-section available at www.niogold.com/marban.
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