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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/26/13 -- La Ronge Gold Corp. (TSX VENTURE: LAR) -
HIGHLIGHTS
-- Seventeen (17) Drill holes completed to date to test mineralization outside of the Preview SW deposit, as well as to extend the deposit to the northeast, southwest, and down-dip-- Current drilling program will test 2,620 metres (m) of potential strike length-- Drill hole PR13-146, drilled 250m outside the deposit to the northeast, confirmed the extension in that direction; the deposit remains clearly open to extension to the northeast-- Drill holes PR13-147 to PR13-150 confirmed near surface gold mineralization within the deposit to the southwest; the deposit remains strongly open to the southwest-- Metallurgical Test work is underway-- Mineral Resource Estimate update and Preliminary Economic Assessment (PEA) to commence in Q2 of 2013
La Ronge Gold Corp. (the "Company") has received assays from five (5) additional drill holes from its Preview Property located in north-central Saskatchewan. These holes were drilled on the northeast and southwest margins of the Preview SW gold deposit, testing for extensions of mineralization outside the current resources as well as testing near surface gold mineralization within the deposit.
Drill hole PR13-146, drilled 250 m outside the deposit to the northeast, intersected:
-- 2.57 grams/tonne gold (g/t Au) over 6.25 m starting at 164.44 m Including 4.98 g/t Au over 2.99 m
Drill hole PR13-147 intersected:
-- 4.03 g/t Au over 2.27 m starting at 76.96 m-- 3.28 g/t Au over 5.24 m starting at 102.27 m
Drill hole PR13-148 intersected:
-- 1.71 g/t Au over 6.95 m starting at 125.23 m Including 2.40 g/t Au over 5.26 m starting at 126.92 m
Drill hole PR13-149 intersected:
-- 8.06 g/t Au over 1.15 m starting at 85.63 m
Drill hole PR13-150, southernmost hole of the drilling campaign, intersected:
-- 5.76 g/t Au over 12.59 m starting at 164.90 m Including 12.35 g/t Au over 4.24 m starting at 164.14 m
Assays from the initial holes of the program (PR13-144 to PR13-145) were previously released on February 4, 2013. Mineralized intervals are based on samples that vary in width from 0.6 m to 1.5 m utilizing 0.20 g/t gold cut-off levels with a maximum internal dilution of 2.0 metres. The attitude of mineralized intervals varies, and reported mineralized intersections may not represent true widths. Please follow this link to view the current area of drilling: http://www.larongegold.com/wp-content/uploads/2013/02/PSW-Drillhole-location-map-Feb-20131.jpg
2013 Drilling:
To date, La Ronge has drilled seventeen (17) drill holes in the current drilling campaign, primarily to test mineralization outside the Preview SW deposit, as well as to test strike extensions of the deposit to the northeast, southwest and down-dip. Holes are being drilled on the Preview A prospect, 400 m northeast of the deposit, as well as on the Preview North /Adit prospect, 2000 m away from the deposit; both prospects are situated in the same northeasterly-trending structural corridor that hosts the Preview SW deposit. Results from these holes will be released when assay results are received. A complete summary of selected mineralized intercepts from holes PR13-146 to PR13-150 is given below.
