Carlyle Commodities Hits 0.41 g/t Gold Over 231 Metres

Results for the second hole conducted under a phase one drill program by Carlyle Commodities (CSE: CCC) at its Newton Gold-Silver project in BC has been released.

The second hole under the small program was designed to testing continuity of the southern boundary of the current resource on the project. Highlights from the hole include:

  • N23-090: 0.41 g/t gold, 2.86 g/t silver over 231 metres from 20 metres
    • Including 0.46 g/t gold, 3.25 g/t silver over 198 metres from 20 metres
    • Including 0.52 g/t gold, 3.71 g/t silver over 168 metres from 20 metres

The hole is said to have successfully demonstrated continuity of the current inferred resource, while confirming consistent mineralization in the upper portions of the deposit. The hole itself was drilled to a depth of 251 metres, 116 metres south of hole N23-089, which intersected 689 metres of 0.51 g/t gold and 1.48 g/t silver from 18.0 metres.

READ: Carlyle Commodities Hits 689 Metres Of 0.51 g/t Gold

“Drilling approximately 200 meters from near surface of half a gram gold shows again the consistency and continuity of gold in this known inferred resource. Carlyle’s team is very pleased to demonstrate another positive intercept and is eager to see what remaining assays will tell us as we begin planning strategy around a Phase 2 campaign,” commented CEO Morgan Good.

The company is currently awaiting the results of the final drill hole conducted under the phase one program.

Carlyle Commodities last traded at $0.145 on the CSE.


FULL DISCLOSURE: Carlyle Commodities is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Carlyle Commodities on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Surge Battery Metals: The Nevada North Lithium PEA

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Carlyle Commodities Begins Phase Two Drilling At Newton Gold Project

Phase two drilling has begun at Carlyle Commodities' (CSE: CCC) flagship Newton Gold project in...
Monday, December 11, 2023, 08:07:53 AM

Carlyle Commodities: Early Results At The Newton Project — With Morgan Good

Joining us today on the Daily Dive is Morgan Good, CEO of Carlyle Commodities Corp...

Friday, March 17, 2023, 01:30:00 PM

Carlyle Commodities Begins Metallurgical Work At Newton Gold

Metallurgical test work is about to get underway for Carlyle Commodities' (CSE: CCC) Newton Gold...
Monday, October 2, 2023, 08:57:35 AM

Carlyle Intercepts 613.9 Meters of 0.55 g/t AuEq at Newton Project, BC

This morning Carlyle Commodities Corp. (CSE: CCC) announced they have received assay results from their...

Tuesday, April 18, 2023, 10:17:01 AM

Carlyle Commodities Completes Successful Drill Program at Newton Gold Project

Carlyle Commodities Corp. (CSE: CCC) has announced the successful completion of a diamond drill program...

Thursday, January 11, 2024, 10:01:00 AM