UPDATE: Gran Colombia Gold Corp Provides Colombia Update; Shrs Climb 3% From Near Yr Lows

By Midnight Trader,  June 11, 2012, 10:00:48 AM EDT

Gran Colombia Gold Corp. (GCM.TO), which is trading near year lows, announced drill results from an initial 12 drill holes from its exploration and in-fill drilling program at the company's El Zancudo Project in Colombia. Drilling to date has returned high-grade gold and silver mineralization over a strike of some 450 metres and dip length of 170 metres on the newly discovered Santa Catalina vein, which is open in all directions. These drill holes are part of a 12,000 metre drilling program, which is focussed on defining new potential resources by following the strike and shallow dip extensions of the Santa Catalina vein that occurs to the west of the historical Independencia Mine.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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