PR: Epsilon Energy Shares Improve On Early Gold Intercepts At Hicks
Epsilon Energy (ASX: EPS) has reported preliminary results of 29m at 26.2 g/t Au including 1m at 384.7g/t Au intersected in channel sampling at the Hicks Prospect in Guyana, South America.
The intersects were made at the Hicks North Pit, an artisanal excavation which overlies the Hicks deposit, which is part of the company’s West Omai Gold Project.
The company said the sampling has returned "excellent" grades and widths from within part of the area covered by the Hicks historic resource.
These mineralised intersections lie between 15m and 200m along strike from the trench announced 9 June which reported 19m at 2.22g/t Au including 5m at 8.36g/t Au.
Dominic O’Sullivan, managing director, said these results confirm that the Hicks deposit contains robust widths and grades and incorporation of these results into the resource model await definitive surveying of the existing artisanal pits.
The company will shortly be commencing an 8,500m RC resource drilling program at the Hicks prospect.