30th Aug 2013 07:00
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Noricum Gold Limited / EPIC: NMG / Sector: Natural Resources
30 August 2013
Noricum Gold Limited ('Noricum Gold' or 'the Company')
First Hole Completed at Rotgulden Gold & Precious Metals Project, Austria
Noricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to announce the completion of the first hole of its 1,300 metre underground drill programme at the 100% owned Rotgulden Gold and Precious Metals Project.
As announced on 27 August 2013, the Company has commenced a 15 hole underground drilling programme, and the first hole was completed on 29 August 2013. This first hole reached a depth of 57m and visual inspection indicates that an intersection of approximately 20 metres includes both stockwork and massive sulphide type mineralisation. The core has been cut and prepared and sent to the laboratory, with the results expected in the coming weeks.
Noricum Gold Managing Director Greg Kuenzel said, "These initial indications from the first hole of our drill programme are encouraging, and we look forward to providing further updates to the market once more holes have been completed and we have a collection of results to report."
Image 1 - Drill Core (Please see the associated PDF)
http://www.rns-pdf.londonstockexchange.com/rns/8052M_-2013-8-29.pdf
**ENDS**
For further information please visit www.noricumgold.com or contact:
Greg Kuenzel | Noricum Gold Limited | Company | Tel: 020 3326 1726 |
Ewan Leggat | S. P. Angel Corporate Finance LLP | Nomad & Broker | Tel: 020 3463 2260 |
Laura Littley | S. P. Angel Corporate Finance LLP | Nomad & Broker | Tel: 020 3463 2260 |
Elisabeth Cowell | St Brides Media & Finance Ltd | PR | Tel: 020 7236 1177 |
Frank Buhagiar | St Brides Media & Finance Ltd | PR | Tel: 020 7236 1177 |
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