Riversgold Limited Confirms High-Grade Mineralization at Saint John
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Home News Drilling Results

Riversgold Limited Confirms High-Grade Mineralization at Saint John

byEleanor Laurence - Content Producer, The Assay
4 months ago
Reading Time: 2 mins read
Riversgold Limited Confirms High-Grade Mineralization at Saint John

Riversgold Limited (ASX: RGL) has announced that rock chip sampling is continuing at the Saint John copper, gold, copper, silver, and antimony project, located in New Brunswick, Canada, with further results continuing to confirm the high-grade tenor of mineralization over a significant footprint within the 101km2 approved tenement package.

At the Prince of Wales Prospect, significant rock chip results from a quarry and roadside cutting include:

▪ 7.38% Cu, 2.38g/t Au, 148g/t Ag, 1.54% Pb (RGLSJ24_026)

▪ 109g/t Ag, 6.16% Pb (RGLSJ24_029)

▪ 6.23g/t Ag (RGLSJ24_064)

▪ 1.78g/t Ag (RGLSJ24_062)

▪ 48.5g/t Ag (RGLSJ24_027)

David Lenigas, chairman of Riversgold, said, “Assays continue to confirm that the Saint John Project in New Brunswick, Canada, where multiple multi-metal targets are being defined over the ~25km strike of the project area, is a significant discovery, in a previously unexplored area of Canada with excellent infrastructure so close to the US border. Easy access to project areas and favourable climate is being proven by continued on ground work which started again on January 3 after a break through the Christmas/New year holiday.”

Multi-element assay results for 72 samples from reconnaissance rock chip sampling have now been reported for Hideaway, Little Lepreau, and Prince of Wales. These results continue to validate and extend previous prospector activity and underpin preliminary mineralization concepts.

Additionally, all sampling to date from this new discovery has been confined to very few limited surface outcrops in a circa 25km zone of felsic intrusions.

To find out more, please visit www.riversgold.com.au

To read more articles like this, please visit www.theassay.com/news

Tags: AntimonyASX:RGLCopperGoldSilver
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Eleanor Laurence - Content Producer, The Assay

Eleanor Laurence - Content Producer, The Assay

Eleanor is new to the team as a Content Producer for the Assay magazine. Eleanor moved to Hong Kong from the UK in 2020 after graduating, to work in content writing in the education sector. She looks forward to building on her experience whilst continuing to learn about the mining industry. Eleanor holds a degree in Anthropology from the University of Exeter.

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