Luna Gold drills 6.00m of 17.25 g/t Au and 17.00 m of 4.42 g/t Au and extends
mineralization at Aurizona to over 300 m vertical depth
- 17.00 m @ 4.42 g/t Au including 5.05 m @ 11.49 g/t Au and 6.00 m @ 17.25 g/t Au including 2.00 m @ 49.19 g/t Au in BRAZD271 - 44.00 m @ 1.20 g/t Au including 4.00 m @ 3.41 g/t Au and 4.00 m @ 3.88 g/t Au in BRAZD274 - 2.00 m @ 51.21 g/t Au and 55.00 m @ 1.31 g/t Au in BRAZD276
Luna's President & CEO, Jim Bahan, comments, "The results of these seven widely spaced holes demonstrate the significant potential to increase the mineral resource at Piaba. These holes intersected the mineralized zone at approximately twice the depth of the limit of drilling used in the
Complete assay results have been received for seven deep exploration holes totaling approximately 2737 m drilled in the central portion of the Piaba deposit. All drill holes intersected gold mineralization and the deposit remains open at depth on all sections. Six holes contained visible gold. Significant mineralized intercepts are tabulated below.
------------------------------------------------------------------------- SECTION HOLE ID AZI DIP DEPTH FROM TO INT AU (G/T) ------------------------------------------------------------------------- 100E BRAZD276 168 75 346.70 251.00 253.00 2.00 51.21 253.00 308.00 55.00 1.31 INCLUDING 269.00 270.00 1.00 9.91 INCLUDING 307.00 308.00 1.00 8.25 ------------------------------------------------------------------------- 100W BRAZD275 168 75 326.30 225.00 253.00 28.00 1.95 INCLUDING 248.00 249.00 1.00 18.60 ------------------------------------------------------------------------- 300W BRAZD274 168 80 460.35 322.00 366.00 44.00 1.20 INCLUDING 337.00 341.00 4.00 3.41 INCLUDING 354.00 358.00 4.00 3.88 ------------------------------------------------------------------------- 500W BRAZD271 168 75 446.40 238.00 246.00 8.00 1.78 270.00 287.00 17.00 4.42 INCLUDING 281.00 286.05 5.05 11.49 300.00 305.00 5.00 2.39 312.00 318.00 6.00 17.25 INCLUDING 316.00 318.00 2.00 49.19 330.00 343.00 13.00 2.24 ------------------------------------------------------------------------- 700W BRAZD270* 168 70 99.25 0.00 14.00 14.00 1.07 BRAZD270A 168 70 447.00 203.00 218.00 15.00 1.71 239.60 307.00 67.40 1.09 INCLUDING 295.00 301.00 6.00 3.06 349.00 350.00 1.00 6.94 ------------------------------------------------------------------------- 900W BRAZD272 168 75 333.95 234.50 242.00 7.50 1.39 258.00 262.00 4.00 1.43 ------------------------------------------------------------------------- 1100W BRAZD273 168 75 372.25 165.00 166.00 1.00 15.00 233.00 259.73 26.73 1.35 ------------------------------------------------------------------------- Table 1. Mineralized drill intercepts from the 2009 Piaba deep drill program. True widths to be established.
Luna's Exploration Manager,
DETAILS -------
Drill results are outlined below from east to west along the deposit and can be visualized on the geologic sections on the homepage of the
BRAZD276 was sited in the eastern area and intersected a very high grade interval of 2.00m @ 51.21 g/t Au from 251.00 meters core depth followed by a wide interval of quartz veining averaging 55.00m @ 1.31 g/t Au.
BRAZD275 intersected 28.00m @ 1.95 g/t including 1.00m @ 18.60 g/t Au from 225.00 m core depth.
BRAZD274 intersected 44.00m @ 1.20 g/t Au from 322.00 m core depth containing two separate higher grade zones of 4.00m @ 3.41 g/t Au and 4.00m @ 3.88 g/t Au.
Hole BRAZD271 was drilled in the centre of the deposit and intersected two separate very high-grade zones of gold mineralization associated with abundant quartz veining and visible gold. The first averaged 17.00m @ 4.42 g/t Au including 5.05m @ 11.49 g/t Au from 270.00 meters core depth. The second intersected 6.00m @ 17.25 g/t Au including 2.00m @ 49.19 g/t Au from 312.00 m core depth.
BRAZD270A intersected a wide zone of 67.40m @ 1.09 g/t Au including 6.00m @ 3.06 g/t Au from 239.60 m core depth. In this area the deposit maintains a significant width at depth and gold values are accordingly lower within the shear zone.
Drill holes BRAZD272 and BRAZD273 were drilled in the west central portion of the deposit and intersected 7.50m @ 1.39 g/t Au and 26.73m @ 1.35 g/t Au respectively.
Core logging and gold distribution shows a strong structural control on the high-grade lodes at depth consistent with orogenic gold deposits. The deposit dips steeply to the NNW and gold mineralization is preferentially developed in highly fractured tonalites associated with quartz veining, intense hydrothermal alteration, shearing and brecciation. The drill program has added materially to the deep potential of Piaba and future drill programs will focus on both deep and infill drilling and also in defining the continuity of the high-grade structures.
About
Luna is a mineral exploration and development company engaged in the acquisition, exploration, and development of gold resources and advanced stage gold exploration projects in
On behalf of the Board of Directors LUNA GOLD CORP. Jim Bahan - President and CEO Website: www.lunagold.com NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Regulatory Footnotes
Luna operates a rigorous QA/QC protocol on all aspects of sampling and analytical procedure. Drill core is checked, logged, marked for sampling and sawn in half. One half of the HTW (71 mm diameter) core is maintained for future reference and one half of the core is sent for analysis. Samples are collected at approximately 2 meter intervals, which is reduced to 1 meter interval or less when a mineralized zone is encountered. All core and samples are stored in secure locked areas. Samples are transported from the Aurizona project to the ALS Chemex sample preparation facility in Belo Horizonte, Minas Gerais accompanied by Luna personnel. Samples are assayed at ALS Chemex Labs in
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Forward-Looking Statements
Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in
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