Gold Resource discovers new mineralized zone at Arista deposit

theflyonthewall.com

Gold Resource announces it intercepted new mineralization approximately 500 meters northeast of the Arista vein system in a stepout hole cutting 2.2 meters of 12.91 grams per tonne gold and 410 grams per tonne silver. Discovery hole number 513024 was drilled from the Arista deposit's level 10 underground drill station. The hole was drilled to the northeast at a relatively shallow angle of -20 degrees. The company targeted a parallel structure to the Arista deposit it calls the "Switchback" which had previously been mapped at the surface. At approximately 500 meters northeast a 14 meter wide strongly mineralized vein was intercepted including 4.2 meters of 1.23 g/t Au, 125 g/t Ag, 0.66% Cu, 3.44% Pb 4.17% Zn.

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