EXCEPTIONAL HIGH GRADE DRILLING RESULTS – ARDEEN GOLD PROJECT
HIGHLIGHTS
Company’s inaugural diamond drilling program at the Ardeen Gold
Project completed (53 holes for 6,345 metres).
Final assay results received for a further 23 drill holes.
Significant gold mineralisation intersected in 13 of these 23 drill holes.
Exceptional high-grade results returned from the Fisher Prospect, ncluding:
11.6 metres at 27.0 g/t gold from 22.5 metres
9.1 metres at 8.45 g/t gold from 8.5 metres
2.3 metres at 3.82 g/t gold from 34.5 metres
0.8 metres at 8.88 g/t gold from 25.2 metres
Encouraging results returned from the first three holes ever drilled at the
Post Prospect, including:
1.56 metres at 4.25 g/t gold from 73.5 metres
Analytical results for the remaining 20 drill holes expected during the next 1-2 months.
Re-sampling and analysis of ~12,000 metres of historic diamond drill core underway and to accelerate through the northern hemisphere winter.
Winter drilling program to access prospective targets under swamp cover, including much of the high priority McKellar Prospect, planned for early February 2010.
Laboratory analysis of samples collected as part of a large scale till and humus sampling program in progress with results expected early 2010.
Evaluation of additional acquisition opportunities in the Archaean Superior Province of Canada continuing - discussions with several parties initiated.
Coventry Resources Limited (“Coventry” or “the Company”; ASX: CVY) is pleased to advise that it completed its initial drilling program at the Ardeen Gold Project in Ontario, Canada in late November 2009.
Fifty-three (53) diamond drill holes were completed totalling 6,435 metres.
Final results have now been received for the first 33 drill holes of the program.
Results for the first ten holes (09CADD001-010) have been reported previously.
The Company is pleased to now report on results for the subsequent twenty three holes (09CADD011-033). Results for the remaining 20 holes are pending (09CADD034-053).
CVY Price at posting:
35.5¢ Sentiment: LT Buy Disclosure: Held
