Markets

Giyani Gold Up Nearly 6% on Drill Results from New Gold Zone at Klein Letaba

Giyani Gold Corp. (WDG.V) announced results from drill holes KL13-22 and KL13-23 and the completion of hole KL13-24 as part of the ongoing 2013 drilling program at Giyani Gold's Klein Letaba property located in South Africa.

Hole KL13-22 and Hole KL13-23 were drilled to continue to trace and expand the New Gold Zone originally discovered on the Klein Letaba property in hole KL12-01 (13.16 g/t Au over 15.1m) and further expanded by hole KL13-21 (6.92 g/t Au over 8.87m). Hole KL13-22 intersected the upper edge of the New Gold Zone 35m up plunge from hole KL12-01 and intersected 4.09 g/t Au over 1m within a wide anomalous gold zone of 0.65 g/t Au over 15.46m. Hole KL13-23 intersected the New Gold Zone 35m down plunge from hole KL12-01 and intersected 25.5 g/t Au over 1m within a wide anomalous gold zone of 1.78 g/t Au over 17.48m.

WDG was up nearly 6% to 48 cents, trading close to 52-week low 40 cents.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

Other Topics

Commodities

Latest Markets Videos

MTNewswires

Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

Learn More