Georgian Mining Corporation - Drill Results, Kvemo Bolnisi East Gold Discovery
GEO
Mon, 13 Mar 2017, 11:45am GMT
Georgian Mining Corporation is an AIM listed copper & gold development and exploration company.
The Company, along with its 50% joint venture partner, Caucasian Mining Group, operates in Georgia on the prolific Tethyan Belt, a well-known geological region and host to many high grade copper-gold deposits and producing mines.
Industry: Basic Materials
Contact: +44 (0)207 907 9327
47 Charles Street London
GEO Managing Director Greg Kuenzel, provides an update on results from the program to expand the gold oxide resource at Kvemo Bolnisi East. Target development work and follow up drilling have been focused on three targets, two of which (Gold Zone 1 and Gold Zone 2) have gold oxide resource potential. They are stepping up the drill program with a large diameter core drill rig to test the extension of gold mineralisation at depths below 20m to determine the size of the gold resource.