(MENAFN- ProactiveInvestors)
() has identified additional soil anomalies within its wholly-owned Okvau Gold Project in Cambodia.
Recent geochemical soil sampling program and geological mapping has confirmed and identified zones of anomalous gold in soils.
This includes a coherent untested 1000 metre long anomaly at the O’Svay Prospect while geological interpretation and verification of historical surface geochemistry at Area 6 reveals a 400 metre anomaly at the Zeus Prospect.
The anomaly at Zeus is also supported by trenching that returned results including:
- 19 metres at 4.1 grams per tonne gold;
- 12 metres at 5g/t gold;
- 10 metres at 2.7g/t gold;
- 5 metres at 7.5g/t gold; and
- 6 metres at 5g/t gold.
All target areas are located within close proximity to the Okvau Deposit and any new gold discovery will have a material positive impact on the potential development economics of Okvau.
Exploration work including ongoing soil sampling trenching mapping and data interpretation is continuing and the company is preparing to undertake a first pass reverse circulation drilling program at the Rhyolite Ridge Prospect during April 2015.
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