GIR 0.00% $5.43 giralia resources nl

ann: exceptional gravity gold at snake well

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    Quoting - Headline News

    Giralia: 'exceptional' gravity gold at Snake Well
    By RWE Australian Business News, 19 Jun 2006
    Sydney - Monday - June 19: (RWE Australian Business News) -

    Giralia Resources NL (ASX code: GIR) reports reverse-circulation drilling is in progress at its wholly-owned Snake Well gold project (in the Murchison area of WA) in a program designed to test resource growth
    targets at the Mixy, Warren, Asp, Websters, Carlinga West, Rabbit North and Constrictor prospects.

    Metallurgical testwork completed at ConSep Pty Ltd in NSW, on a bulk sample of large-diameter drill core from the high-grade Mixy lode, returned "exceptional" gravity recoverable gold (GRG) of 95.4 per cent - one of the highest results ever recorded at Consep, supplier of gravity gold recovery equipment, including the Knelson Concentrator.

    The recovered gold (calculated head grade 10.3g/t Au) of the Mixy sample significantly exceeded the assayed head grade of 6.93g/t Au.

    Giralia shares rose 1c to 29.5c this morning.



 
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