Drilling to begin Vancouver-based Resouro Gold has reported that it has mobilised the company’s exploration team and contracted a diamond drill rig for an initial programme at its Novo Mundo gold project in Mato Grosso, Brazil.
“The initial exploration and drill program will be aimed at further understanding the structural control of the high-grade shoots identified in previous drilling at Novo Mundo,” the Canadian business said in a statement.
The preliminary program is to include some 1500 metres “of drilling along Luisão, one of the major mineralized trends. The objective is to; to test continuity along strike and down plunge of the existing non-NI 43-101 resource,” according to the statement. “The preliminary program will include 13 drill holes which will test about 800m of the 4km long anomalous trend. Drilling will test high-grade surface mineralization on two of the main artisanal open pits along the trend.”