15th Oct 2013 09:44
LONDON (Alliance News) - Noricum Gold Limited Tuesday said its on-going channel sampling programme at the Rotgulden Gold and Precious Metals Project has returned high grades of up to 24.95 grams per tonne of gold.
The Austria-focused gold exploration and development company said that the channel sampling programme uncovered high grades and results from three drill holes are expected in the coming week.
The results of the channel sampling and new drilling sites will be connected to ongoing testwork being conducted at the site to further increase the company's resource definition.
Noricum Gold shares were up 3.3% to 1.16 pence Tuesday.
By Tom McIvor; [email protected]; @TomMcIvor1
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