News - Golden Peaks Resources Ltd.
-- 72.0 metres at 1.0 g/t Au including 12.9 metres at 2.2 g/t Au -- Thickest zone intersected so far in Tanoyan Project drilling -- North Sondana Vein drilling proving
TSX: GL July 19, 2011 -- Zone shows increasing grade as well as width at depth, results include: o 15.5 metres at 3.1 g/t Au o 19.8 metres at 1.6 g/t Au -- Extends gold mineralisation at Tanoyan -- Round-the-clock drilling continues with 2 diamond drill rigs -- Program designed to extend Tanoyan's initial NI43-101 resource of 91,100 ounces of gold VANCOUVER, July 19, 2011 /PRNewswire/ - Golden Peaks Limited (TSX: GL) (the company) is pleased to announce that it has begun to receive assay results from its initial 5,000 metre drill program at its Tanoyan Gold Project, Sulawesi, Indonesia. Results have been received for the first seven drill holes at Tanoyan, with six holes cutting mineralised structures from the Sondana Vein system.
VANCOUVER, May 9 /PRNewswire/ - Golden Peaks Resources Ltd. (TSX: GL) has announced that is has completed the acquisition of Reliance Resources Ltd. as part of a strategic shift in focus to Indonesia.