ECR Minerals has received positive results from trenching at the Itogon epithermal gold project in northern Philippines. The trenching was completed during May and June and comprised 13 trenches totalling 430.6 metres.
Mineralized intervals from trenching (apparent width) include 60 metres @ 2.43 grams/tonne gold and 28.6 metres @ 3.61 grams/tonne in trench nine, 18 metres @ 1.71 grams/tonne and 59 metres @ 1.32 grams/tonne gold in another and 10 metres @ 1.39 grams/tonne in a third.
Very high grades encountered in trench nine include 1 metre from 10 metres @ 16.74 grams/tonne, 1 metre from 28 metres @ 42.29 grams/tonne and 1 metre from 84 metres @ 79.67 grams/tonne.
In addition, 12 test pits were excavated in areas too steep or otherwise inaccessible for trenching. Further assay results in respect of various trenches and all test pits are pending.
ECR’s CEO Stephen Clayson said, “These encouraging results provide further positive indications as to the potential of the supergene enriched oxide gold blanket which occurs from surface in the main prospect area at Itogon, and we look forward to receiving and reporting the remainder of the assay results from the trenching and test pitting program.
“Work at the project this month is expected to focus on formulating a cohesive geological model for the purposes of the planned resource estimate and accompanying NI43-101 technical report. The directors anticipate that this report will be completed during September 2015.
“This work will include efforts to better understand the controls on the very high grade mineralization encountered in trench nine and in earlier phases of sampling, as well as in the reverse circulation drilling carried out in 2014.”