09:59 AM EST - OceanaGold Corporation : announced the initial results from a drilling program at the Blackwater high-grade gold project located in the Reefton Goldfield in South Island, New Zealand. Initial results from the first hole (WA21A) of the program intersected 1.0m (estimated true width of 0.5 metres) of 23.3g/t Au. Results from Hole WA21A are consistent with historical mining records that reported widths up to 2.5m and grade ranges of 1.7g/t Au to over 100g/t Au. Average historical widths and grades were 0.7 m and 22g/t Au. OceanaGold Corporation
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