11:32 AM EST - Algold Resources Ltd. : Announced preliminary assay results from its Phase III 20,000-metre drilling campaign carried out on its Tijirit property in Mauritania. Results continue to demonstrate the high-grade nature of the Eleonore zone, with the mineralization now extending to a vertical depth of up to 150 metres. Hole T17RC031 (Eleonore Central) – 4 m @ 10.2 g/t Au, a new mineralized horizon on section S9000. Hole T17RC032 (Eleonore Central) – 10 m @ 3.19 g/t Au, including 4 m @ 7.1 g/t Au, situated on section 9080, 28 metres down dip from hole T16RC121, which intersected 2.02 g/t Au over one metre. Algold Resources Ltd.
shares V.ALG are trading up $0.005 at $0.25.