Really looking forward to this relationship with AG.....this is a very solid company with recent strong news...such as
TABLE 1 CHANNEL SAMPLE ANALYSIS
Interval with Grade (g/t) and
Anomaly sample numbers width of mineralization
1 J1001-J1004 (0 - 8m) 1.14 g/t over 8m
2 J1016-J1027 (30 - 52m) 2.36 g/t over 22m
3 J1047-J1052 (88 -100m) 2.73 g/t over 12m
AND
As stated in the Company's press release of October 11, 2007, AGG's strategy going forward has shifted from the completed Phase 1 infill diamond drill program within "Zone 1" to a 25,000 meter RC drill program that is designed to step-out and explore the extent of the continuation of Au mineralization along Kobada's untested strike length. "Our goal was to complete approximately 10,000 meters of RC drilling before the annual Christmas break and we are pleased to advise that we achieved this objective, generating 110 holes, working 2 shifts, 24 hours per day. We are grateful for the dedication and commitment of our Kobada based team," states AGG Chairman, Ben Adoo, C Eng.
All of the 110 RC holes were drilled to a depth of approximately 90 meters (down the hole) at an angle of -55 degrees and an azimuth of 290 degrees. To date, a total of 5.3 km of Kobada's primary structural strike length has now been explored to a minimum depth of 90 meters down hole. This sequential exploration exercise has consisted initially of infill diamond drilling "Zone 1", which encompasses sections -2600S through -1400S (1.2 km), in addition to the recently completed RC drilling to the north and south of "Zone 1". RC drilling commenced in November, 2007, to the immediate north of "Zone 1" on section -1200S and proceeded north with fences drilled on sections -400S, 00, +400N, +1000N, +1400N and +2100N before relocating the drill rig to the south of "Zone 1" on section -3200S. (Please see the link to the attached map that depicts the Kobada concession, "Zone 1", sections recently RC drilled and trace of artisanal workings).
GLTA
