Dutch Gold Resources, Inc. (Pinksheets: DGRI) today announced that the Company has commissioned a bulk sampling program that will be conducted in two stages, with the first stage to be completed during the next three months. The second stage will be conducted in the spring. The Company also intends to initiate new resource expansion programs, based on new data during the Second and Third Quarters of 2010. The purpose of the programs will be to determine whether the current known resource might be more prolific than earlier thought.
During the historic drilling on the Basin Gulch property, it became apparent that areas containing coarse gold were present. To better understand the nature of the coarse gold, bulk sampling of selected drill hole intervals was historically conducted on a spread of sample grades, lithologies, and locations, utilizing 1,000 gram samples versus the original 30 gram fire assays. The bulk samples were finely crushed, followed by a two step process. First, a free gold gravity recovery of the 1,000 gram samples was conducted, followed by a fire assay of the sample tails. The head grade of the bulk samples was subsequently calculated. “The testing revealed the presence of areas containing locally significant coarse gold that had been missed by the original fire assays. The bulk sampling raised the overall average grade of the bulk-sampled drill intervals approximately forty percent above their original fire assays,” commented Rauno Perttu, COO.
Added Daniel Hollis, CEO, “Because defining the areas of coarse gold could have a positive impact on the overall grade and economic development of the Basin Gulch gold system, Dutch Gold Resources plans to expand on the historic bulk sampling, utilizing the preserved historic drill core and cuttings, and also utilizing new bulk samples. The program utilizing the historic drill samples can be initiated during the first quarter of 2010. The new bulk sampling is planned to start in the spring, with improved ground conditions. Based on the data we have seen, we are quite interested to see how this might impact the size of the resource.”
Disclosure: No position in the stock of DGRI; see our disclaimer page.
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