Stakewell Drilling Update
December 1, 2011
Download PDF: Stakewell Drilling UpdateSilver Swan Group Limited (“Silver Swan” or “the Company”) is pleased to report further results from its recent drilling activity at its Stakewell Gold Project, where the Company has been targeting stacked high-grade gold lodes at the historic Kohinoor open pit and underground mine, and also targeting several shallow oxide gold targets located to the east of the Kohinoor mine.
The Stakewell Gold Project is located 50km south of Meekatharra
along the Great Northern Highway.
Gold mineralisation at the Kohinoor mine is controlled by the
intersection of banded iron formation
(BIF) with high-angle cross-cutting faults and a wide zone of
shearing in basaltic rocks. This has resulted in the formation of
steeply plunging high-grade gold shoots.
To date, Silver Swan's drilling programme at the Stakewell Gold
Project has drilled a total of 29 holes, comprising 5 diamond holes
(836m) and 24 reverse circulation holes (RC: 1,859m) for a total of
2,695m.
For more information please download the PDF.
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