Riversgold Limited Confirms High-Grade Mineralization at Saint John
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Riversgold Limited Confirms High-Grade Mineralization at Saint John

byEleanor Laurence - Content Producer, The Assay
1 year 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 a content producer for the 121 Mining Investment event series globally. With over two years of experience in the mining industry and six years in international roles in Hong Kong, she is now based in London, developing investor-focused content for both the event series and The Assay.

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