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Q-Gold Reports Mine Centre, Ontario Gold/ Silver Assays

FORT FRANCES, ON, Nov. 3, 2011 /CNW/ - Q-Gold Resources Ltd. (the "Company" or "Q-Gold") (TSX VENTURE: QGR) (http://www.qgoldresources.com) announced today that it has now received the assay results from TSL Laboratories, Saskatoon, Saskatchewan ("TSL") for the first batch of 147 samples from its Phase III drilling program at the Company's 93% owned McKenzie Gray gold/ silver deposit near Mine Centre, Ontario. Phase III drilling, which consisted of 17 "NQ" diamond drill holes totaling 2,751 metres (9,026 feet), is now complete and an additional 94 samples have recently been shipped to TSL for assay.

Results are anticipated in November.


Assay Results/ Highlights

Highlights of the Composite assays (weighted average grade) for the first seven drill holes in grams per tonne (g/t) are as follows:...................


http://tmx.quotemedia.com/article.php?newsid=45820785&qm_sym…


Chairman Bruce Carruthers remarked, "We are very pleased with the results obtained at McKenzie Gray, with the vast majority of the drill holes being successful. We look forward to the next phase, which will attempt to estimate the potential 'resource' contained with the deposit."

"In addition, our resumption of delineation drilling into the known gold zones of the Foley Mine also provides an exciting prospect for the Company in the near term."



....übersetzung:.........GEDULD wird hier noch gebraucht, was angesichts eines MICRO- caps
mit ner akt. MK von grad mal cad-mios 1,5 eigtl. auch ein ´selbstgänger´ ist !!!


:):look:
 
aus der Diskussion: wird QGR nächster RAINY RIVER- area- play ?????
Autor (Datum des Eintrages): hbg55  (04.11.11 10:00:23)
Beitrag: 42 von 50 (ID:42301173)
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