RNS renaissance minerals limited

News: Renaissance Minerals identifies further gold anomalies in Cambodia

  1. Renaissance Minerals (ASX:RNS) 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 1,000 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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