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MENAFN - ProactiveInvestors - Australia - 28/11/2012

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(MENAFN - ProactiveInvestors - Australia) International Goldfields' (ASX: IGS) drilling program has intersected gold mineralisation on eastern and western extensions of its Ana prospect at the Latin Gold project, Brazil.

Notable results from the 14 holes testing extensions of high grade gold mineralisation intersected in previous diamond drilling and defining continuity of that mineralisation to over 360 metres of strike extent include:

Western Extension
- 5 metres at 8 grams per tonne (g/t) gold; and
- 13 metres at 1.96g/t gold.
Eastern Extension
- 11 metres at 3g/t gold including 4 metres at 6.98g/t gold; and
- 16 metres at 1.97g/t gold including 4 metres at 4g/t gold.

The remaining 39 holes of the 53 hole reverse circulation drilling campaign tested an additional six priority targets within the 2.5 kilometre by 4 kilometre surface gold anomaly at the Ana Prospect, including five previously undrilled targets.

These holes all returned significant gold intercepts in all of the additional target tests with the exception of one initial drill test target.

Assays are also pending on seven of the 11 diamond drill holes that IGS drilled to test potential extensions to the PF Quartz Vein zone.

IGS has a 93% working interest in the Latin Gold project, which covers 3,000 square kilometres and contains multiple targets for epithermal and porphyry style gold-copper mineralisation.

 






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