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Solvista Drills Two Significant Intercepts in Its Third Drill Hole at Caramanta
133.7 Metres at 1.54 g/t Gold Equivalent and 191.3 Metres at 1.04 g/t Gold Equivalent
TORONTO, ONTARIO--(Marketwire - Sept. 25, 2012) - Solvista Gold Corporation ("Solvista" or the "Company") (TSX VENTURE:SVV)(OTCQX:SVVZF) is pleased to announce the assay results from the third drill hole completed at its Caramanta Project in Colombia. These results support the significant results previously announced by Solvista on September 17, 2012 from the first two drill holes at its new El Retén discovery and increases the Company's confidence in the Caramanta Project to host a number of potentially economic gold-copper porphyry discoveries in the Middle Cauca Belt of Colombia.
Highlights
Drill hole CAD-1203 intersected 133.7 m at 1.54 g/t gold equivalent (AuEq), including 38.1 m at 2.47 g/t AuEq, starting at a down hole depth of 10.7 m and a second interval with 191.3 m at 1.04 g/t AuEq including 36.5 m at 1.91 g/t AuEq starting at a down hole depth of 203.5 m;
Potentially economic mineralization has now been intersected to a vertical depth of 220 m and over a horizontal distance of 120 m to the northeast (N45E) and 240 m to the northwest (N30W);
Drill hole CAD-1203 finished in mineralization and intersected mineralized porphyry rocks over virtually its entire length. Overall results average 446.9 m at 1.00 g/t AuEq;
Drilling continues on the El Retén target, which is the southernmost porphyry intrusive center along the three kilometre strike length of the Caramanta porphyry cluster. |
