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  • Vector Resources Hits More High Grade Gold At Gwendolyn 0 comments
    Nov 25, 2012 10:04 PM

    Vector Resources (ASX: VEC) has received grades from 3.30 grams per tonne to 61.6 grams per tonne gold from RC drilling at Gwendolyn East Project in Western Australia.

    Current drilling is targeting the near surface extensions and high grade zones.

    These drill results were testing multiple areas surrounding previous high grade intercepts for continuity throughout the known mineralisation envelope.

    Deep holes have intercepted the top of the conduit zone

    Best high grade gold results from current drilling included:

    - 1m at 61.62 g/t from 92 m;
    - 2m at 39.64 g/t from 62 m;
    - 1m at 9.53 g/t from 6 m;
    - 1m at 8.15 g/t from 103 m

    Significant Upside

    Gwendolyn has the potential to increase the geological understanding of the current resource, with encouraging fundamentals.

    These include:

    - High grade intercepts identified outside current mineralisation envelope; and
    - Targeted exploration will continue to push existing ore boundaries and high grade zones as a priority.

    Vector is continuing its targeting of near surface potential in all areas and continues to expand the understanding of the mineralisation envelope with results and geological data received being utilised to refine and construct a geologically controlled resource model.

    The single metre assay results received are a combination of extensional, infill and targeted drilling.

    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.

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