27th Apr 2020 17:50
(Alliance News) - Trans-Siberian Gold PLC on Monday said a drilling campaign in the Asacha gold mine in Russia was "successful", showing findings of high-grade mineralisation.
During the first quarter, Trans-Siberian said it focused drilling at the V25N section of the project, with "very positive" drilling results to date.
"We are highly encouraged by this consecutive set of exciting drilling results from the drill campaign successfully carried out at the promising East Zone of Asacha. These findings continue to demonstrate high-grade mineralisation and the potential substantially to expand the in-situ mineral resources," Chief Executive Officer Alexander Dorogov said.
Shares in the company closed 13% higher at 81.00 pence each in London on Monday.
By Eric Cunha; [email protected]
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