New Gold has reported encouraging underground sampling results at its New Afton copper-gold project in Kamloops

24 October 2005 | 02:16 Code : 6119 Geoscience events
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New Gold has reported encouraging underground sampling results at its New Afton copper-gold project in Kamloops...
New Gold has reported encouraging underground sampling results at its New Afton copper-gold project in Kamloops, British Columbia, Canada.

 In the main cross-cut, Interval A contained 1.49% Cu, 1.01 g/t Au, 2.12 g/t Ag, and 0.06 g/t Pd, or 2.18% Cu Equivalent across 51 meters. This is 9% higher than the resource model which indicated grades of 1.26% Cu, 1.11g/t Au, 2.18g/t Ag, and 0.02g/t Pd or 2.00% Cu Esq. Interval A was contained within the wider Interval B, which contained 1.22% Cu, 0.80g/t Au, 1.90g/t Ag, and 0.10g/t Pd, or 1.78% Cu Esq. across 91m, higher again by 11% compared with the model. Metallurgical sampling and geotechnical analysis will also be conducted in the cross-cut to generate data for the feasibility study.

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