AND 4.55% $1.04 ansarada group limited

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    FURTHER HIGH GRADE ORE ZONES
    CONFIRMED BY FIRST PHASE DRILLING AT
    CERRO NEGRO VEIN ZONE PROSPECT
    HIGHLIGHTS
    • Very encouraging initial results received from Phase One drill program at
    Andean’s Cerro Negro gold project in southern Argentina.
    • Drill results from 7 Reverse Circulation and 4 Diamond drill holes at the
    Vein Zone, Cerro Negro, have been received (see figure 1).
    • Drilling intercepts wide, high-grade gold zones over a strike length of
    250m. Best intersections are:
    o 13 metres of 6.18 g/t gold followed by 10 metres of 3.43g/t gold
    (VDD – 502)
    o 10 metres of 4.1 g/t gold followed by 17 metres of 3.86 g/t gold
    (VRC – 505)
    o 23.1 metres of 2.09 g/t gold (VDD – 503)
    o 14.5 metres of 3.09 g/t gold (VDD – 505)
    o 39 metres of 2.45 g/t gold (VRC – 503)
    o 16 metres of 2.25 g/t gold (VRC – 504)
    • Results confirm interpretations from previous explorers with mineralisation
    (contained in moderately to steeply dipping quartz veins) remaining
    open, particularly to the east and down dip.
    • Two deep diamond holes (VDD-506 & VDD 507) completed below previously
    known mineralisation have intersected quartz stockwork mineralisation
    as predicted, over significant widths (>50m). Assays results are pending.
    • A new zone of quartz veining (below 120m) with potentially commercial
    gold grades intersected in the footwall of the previously identified main
    ore zone.
    • Newly identified zones of quartz stockwork uncovered by trenching
    300m east of current drilling towards the adjacent Heradura prospect.
 
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