Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • Vector Resources' High Grade Gold Hits Continue At Gwendolyn 0 comments
    Oct 8, 2012 8:36 PM

    Vector Resources (ASX: VEC) has yet again delivered high grade gold intersections from the Gwendolyn East Project in Western Australia.

    Using reverse circulation, highlights from extensional and infill drilling included: 2 metres at 22.92g/t gold from 64 metres; 1 metre at 10.94g/t gold from 143 metres; and 1 metre at 10.29g/t gold from 138 metres.

    The importance of these results is that they identify the mineralisation envelope continues to expand.

    Supporting these high grade hits included the broader intersections of: 5 metres at 7.85 g/t gold from 44 metres; and 5 metres at 7.36g/t gold from 112 metres.

    The drilling program is testing multiple areas surrounding the historic open pit and extensions of the known mineralisation envelope. Infill drilling and portions of previously drilled holes not sampled are also contained within these results.

    SRK currently upgrading resource

    SRK Consulting is currently upgrading the resource of 214,500 gold ounces at Gwendolyn, which has significant upside and potential with encouraging fundamentals.

    These include; High grade intercepts identified outside current mineralisation envelope; Extensional exploration will continue to push existing ore boundaries as a priority; Potential high grade conduit identified at depth; and Substantial assay results pending.

    Proactive Investors is a market leader in the investment news space, providing ASX "Small and Mid-cap" company news, research reports, StockTube videos and One2One Investor Forums.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.