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Additional Information
Market: TSX, NYSE
Sector: Gold Mining
Epic: TSX:UGX
News: Latest news
Web Site: US Gold
Other Articles: 09-09-200911-06-200906-01-2009

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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US Gold

US Gold

US Gold Corporation is a United States based gold exploration company exploring in north-eastern Nevada and north-central Mexico.
Thursday, June 11, 2009

US Gold says El Gallo drilling continues to return exceptional results

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US Gold Corp (TSX: UXG) said new core drilling from the El Gallo project in Sinaloa State, Mexico, continues to deliver exceptional results.

Since drilling began in November this discovery has grown dramatically and covers an area totaling 450 metres long 400 metres wide to a depth of 115 metres. The results to date suggest there is good potential for further growth.

Nine new core holes were drilled since the group’s last news release. All of the holes were designed to test for extensions of the mineralization: Four on the west end, two on the east end, one on a possible cross cutting feature and two testing for depth in the middle of the zone.

One of several significant intersections from drilling to the west returned 677.3 grams per ton of silver over 15.5 metres.

Core drilling on the east end of the zone encountered similar grades as observed in the nearest hole within the zone, including 215.8 g/t of silver over 14.2 metres and 476.8 g/t over 7 metres, with the latter intersection including 1,245 g/t of silver over 1.5 metres.

Drilling in Nevada resumed during the last week of May with the goal of expanding the recently published resource estimate at the Gold Bar project located within the Cortez Trend. A second drill is scheduled to arrive during the coming weeks that will test targets away from the Gold Bar resource and most importantly explore for Cortez Hills style mineralization at the north end of the Tonkin project.

An initial resource estimate for the Limo project, located 32 kilometres west of Barrick Gold's Bald Mountain Mine will be published during the third quarter. A total of 876 holes, 31 drilled by US Gold, over an area of 44 miles has been completed at Limo.

 

 

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