Riversgold Ltd. (AU:RGL) has released an update.
Riversgold Ltd has reported impressive gold grades from its latest shallow drilling campaign at the Northern Zone Gold Project, located near Kalgoorlie, with the highest grade interval being 27.5 g/t. Significant gold intercepts have been found within the oxide zone above the primary mineralised porphyry system, and further drilling is planned to explore the expanded footprint of the mineralisation. The project, benefiting from its proximity to Kalgoorlie’s infrastructure, has shown results exceeding initial expectations and holds an Exploration Target of 2.5 to 4.8 million oz of gold.
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