"We are pleased with the initial exploration efforts at our Saric properties having intersected gold and silver mineralization from many of the recent drill holes targeted at identifying a potential bulk tonnage gold mineralized zone," John Brownlie, President and Chief Operating Officer of Capital Gold said.
Geological mapping, systematic geochemical rock and soil sampling, geophysical surveys and open trench sampling are all techniques used in the drilling process that has begun resulting in positive identification of mineralized anomalies. Since April 2008, drilling work on Capital Gold’s Saric properties located in
Not only has preliminary surface exploration work been completed but also, 73 reverse circulation drill holes totaling 6,121 meters have been drilled by Layne de Mexico of
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About Capital Gold
Capital Gold Corporation (CGLD: CGC) is a gold production and exploration company. Through its Mexican subsidiaries and affiliates, it owns 100% of the "El Chanate" gold mine located near the town of
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