03:38 PM EST - Algold Resources Limited. : announced the completion of Phase 1 of the RC drilling program in Mauritania. The Phase 1 of the RC drilling program started on May 10, and was completed on June 8. A total of 5,000 metres over 52 drill holes was achieved. The Phase 1 RC drilling was equally distributed between prospective areas on both the Kneivissat and Legouessi properties, however the KC-LSO dual prospects received over 3,000 metres. This prospect is defined by a combined elongated gold soil anomaly, superimposed over strong magnetic and IP chargeability anomalies. Algold Resources Limited.
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