Mariana Resources (LON:MARL) has drilled three of seven proposed holes at Ergama gold-copper project in Balikesir province, western Turkey, and already the signs are that it’s onto something big.
Assays have been received for the first two holes, and among the better intercepts was 626.4 metres at 0.18 grams per tonne gold, a hole which terminated in the highest-grade interval to date, 56.4 metres at 0.33 grams gold and 0.12% copper.
It’s deep, yes, but then big porphyrys are deep. Other intercepts included 141metres at 0.23 grams, 56m at 0.22 grams and 156.4m at 0.25 grams.
The Ergama project licence covers an area of 2,168 hectares and is located 90 kilometres south-east of the Halilaga gold-copper project owned by Teck and Pilot Gold.
“The first two holes of the initial scout drilling program at our 100% Ergama project in Western Turkey are encouraging and indicate the presence of a mineralised gold-copper porphyry system,” said Mariana’s chief executive Glen Parsons.
Story by ProactiveInvestors