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Tigray Resources Inc.: Drilling at Da Tambuk Identifies a Second Discovery

Tigrai Onlne - March 12, 2014

VANCOUVER, BRITISH COLUMBIA- Tigray Resources Inc. (TSX VENTURE:TIG) ("Tigray" or the "Company") is pleased to announce diamond drill results from an initial program designed to test 160 metres of strike length at the Da Tambuk Gold Prospect on the Adyabo Project in Ethiopia.

Ezana Mining Development building a $17.8 million gold plant in TigraiTigray Resources Inc. is a Canadian mineral exploration company focused on discovery through advancing early-stage mineral projects in Ethiopia.

Diamond drilling on 80 metre sections has intersected gold mineralization in each of four holes completed, with results including 19.53 metres at 3.51 grams per tonne gold (ADD001) and 5 metres at 40.97 grams per tonne gold (ADD002). These results follow on from the successful first pass drilling at Mato Bula (refer to Tigray's news release dated July 16, 2013), located approximately 4km along strike to the SSW. Additional diamond drilling was also completed at Terakimti, and a suite of trench results were received for Da Tambuk and additional Tigray prospects.

Drilling at Da Tambuk has tested the down dip extent of surface gold mineralization defined by geochemical and trench sampling (trench sampling [ADT004] at Da Tambuk yielded 16 metres at 3.95 grams per tonne gold, including 4 metres at 14.53 grams per tonne gold - refer to Tigray's news release dated July 16, 2013). The drill results include:

  • Section 23680N - ADD002 drilled the most northern section tested and intersected 12.00 metres at 17.34 grams per tonne gold and 0.32 percent copper including 5 metres at 40.97 grams per tonne gold and 0.59 percent copper, from 52.75 metres drill depth.
  • Section 23600N - ADD001 intersected 19.53 metres at 3.51 grams per tonne gold and 0.1 percent copper, from 41.30 metres drill depth (50 metres vertically beneath trench ADT004).
  • Section 23600N - ADD004 intersected 9.69 metres at 3.96 grams per tonne gold including 2.00 metres at 13.25 grams per tonne gold from 86.21 metres drill depth (86.00 metres vertically below trench ADT004 and 40.00 metres vertically below the intercept in ADD001).
  • Section 23520N - ADD003 drilled on the most southern section, intersected, 3.00 metres at 4.2 grams per tonne gold from 83.42 metres drill depth (80 metres vertically below surface).

The system remains open along strike in both directions and at depth.

Source: Tigray Resources Inc. Read More

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