Renaissance confirms shallow growth potential at Okvau

THE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) has received the first results from a recently commenced drilling program conducted at the company’s Okvau gold project in Cambodia.

The drilling was undertaken to test for north-east strike extensions beyond the project’s current 1.2 million ounce Okvau resource estimate.

The recent program consisted six holes (four RC holes and two diamond drill holes), which were designed to following up on shallow RC holes the company had completed in a previous drilling program to the north-east of Okvau.

 

Drill collar plan over interpreted geology with existing Resource outline. Source: Company announcement

 

Results (of plus-10 gram metres) included:

6 metres at 9.49 grams per tonne gold from 9 metres; (RC13OKV213)

8m at 5.95g/t gold from 61m; (DD13OKV216)

2m at 5.32g/t gold from 102m; (DD14OKV217)

10m at 1.36g/t gold from 24m; and (DD14OKV217)

7m at 1.51g/t gold from 0m. (DD14OKV217)

“Already a very large gold resource estimate has been established at the Okvau deposit,” Renaissance Minerals managing director Justin Tremain said in the company’s announcement to the Australian Securities Exchange.

“These latest drilling results are extremely encouraging and highlight the potential to continue to grow the deposit.

“Importantly, this growth potential comes from near surface mineralisation amenable to open pit mining.”

Email: admin@renaissanceminerals.com.au

Website: www.renaissanceminerals.com.au