Good news from Merrex again
From June to August 2009 Merrex undertook a high resolution airborne magnetic/radiometric spectrometer survey on its 800 square kilometre Siribaya Gold Project, including the region of the Siribaya mega-structure and Zones 1A and 1B (see the post for 2009/11/19) . The airborne survey conducted by Xcalibur Airborne Geophysics of South Africa totalled 10,122 line-kilometres with 50 metre flight line spacing. Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that the 2009 high resolution airborne magnetic/radiometric spectrometer survey has identified Zone 1A to be part of a second distinct 9.4 kilometre parallel sub-structure twinning the 10.5 kilometre 1B sub-structure.
Prior exploration, including surface soil geochemistry, strong trench data including 35 metres of 3.1g/t at surface, termite geochemistry stronger than the termite geochemistry at Zone 1B, numerous notable RAB drill intercepts, and Zone 1A diamond drill intercepts as high as 2.92gr/t over 34m and 4.18g/t over 17 m, indicates the presence ofsignificant gold mineralization along the length of the 1A sub-structure.
Those who know GOLD – know worth of the success.
