VANCOUVER, BC - Golden Peaks Resources Ltd. reported on the diamond drilling program currently underway on its 100% owned La Fortuna Gold project located in Chubut, Argentina.
Four holes have been drilled on the T-11 zone. Mineralization comprises pyrite replacement bodies, disseminated and vein controlled pyrite chalcopyrite, and quartz-carbonate veining with pyrite-chalcopyrite similar to that previously intersected in holes LF-13, LF-98 and LF-105. The deepest hole (167.73 meters) intersected three mineralized zones indicating the mineralization continues from surface and remains open to depth.
The northwest extension of the G zone is being drill tested over a distance of 250 meters To-date, two holes have been drilled. The holes, which are 100 meters apart, intersected disseminated and vein controlled pyrite similar to that previously intersected in the G zone. The G zone is now estimated to be over 900 meters long and drilling is continuing. Assays will be announced once received and evaluated.
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