Alexandria Expands Sleepy Gold Deposit With Drill Intersection of 3.82 g/t Gold Over 20.0 m

By Staff,

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Alexandria Minerals Corporation (AZX.V) reported today on the results of its winter 2012-2013 drilling program on the Company's Sleepy project located in Val d'Or, Quebec. A total of five holes were completed in the program with the most significant results from hole DDH SAX-13-025, in which multiple intervals of gold were intersected approximately 100 m west of hole DDH SAX-11-005, the previous deepest gold intersection that assayed 11.28 g/t Au over 3.3 m (True Width).

DDH SAX-13-025 intersected 2 separate gold bearing intervals in the Sleepy Zone as follows:

573.60-593.60m 3.82 g/t Au and 3.83 g/t Ag over 20.00m (13.31m True Width), including

576.60-583.60m 6.65 g/t Au and 7.99 g/t Ag over 7.00m (4.65 m TW), and

588.60-592.60m 5.73 g/t Au and 1.70 g/t Ag over 4.00m (2.67 m TW)


601.30-605.30m 6.92 g/t Au and 10.98 g/t Ag over 4.00m (2.65 m TW), including

601.30-602.30m 26.50 g/t Au and 42.00 g/t Ag over 1.00 m (0.66 m TW)

Alexandria is trading just above a yr low of 3 cents.

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This article appears in: Investing Commodities
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