17th Dec 2015 11:29
LONDON (Alliance News) - Noricum Gold Ltd on Thursday said drilling has commenced at its Kvemo Bolnisi target at the Bolnisi project in the Republic of Georgia.
The new drilling campaign will test continuity between historic diamond drilling and trenching around two previously identified areas of significant gold mineralisation.
"Noricum's re-assaying and resource development work has identified this area of shallow, high-grade gold mineralisation, and we will now test the continuity between historic diamond drilling and trenching through a drill programme, which will provisionally consist of 19 holes," said Chief Executive Officer Greg Kuenzel in a statement.
Shares in Noricum were untraded Thursday at 0.101 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
NMG.L