MYG Some good volume spikes in late August
Mutiny Gold obtains new high grades at Deflector
16 Sep 2011 08:56:00
Sydney - Friday - September 16: (RWE Aust Business News) - Mutiny Gold (MYG) has significant new high-grade gold intersections from the west lode of its Deflector deposit, Gullewa, Western Australia.
The latest results will be incorporated into the revised resource estimation, which is expected to be released in the coming weeks.
Notable intersections include 3.6m at 153g/t gold and 13.3pc copper from 145m, 12m at 3.4g/t gold and <0.1pc copper from 262m, 3m at 47.6g/t gold and 1.5pc copper from 249m, 4m at 17.4g/t gold and 1.2pc copper from 300m, 3m at 22.8g/t gold and 1.2pc copper from 282m, 3m at 18.1g/t gold and 0.3pc copper from 292m, 3m at 18.8g/t gold and 0.8pc copper from 316m, 6m at 20.9g/t gold and 0.3pc copper from 255m in 11DD27 and 4m at 6.2g/t gold and 0.5pc copper from 308m.
The company plans to commence production with an open pit mining operation at the Deflector deposit, followed by underground mining after two years.
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