03:56 PM EST - Buchans Minerals Corporation : announced results from its initial drill test of the Goldquest gold prospect on their Long Range Joint Venture property in central Newfoundland. The Company drilled eight holes totaling 823 metres to test mineralized quartz veins in bedrock and float associated with the Goldquest Trend, an open-ended 750-metre-long trend defined by anomalous gold in bedrock and float. Results include intersections of mineralized quartz veins in the Goldquest North area, including 5.49 g/t gold and 4.5 g/t silver over 0.30 m as well as 2.13 g/t gold and 8.4 g/t silver over 0.10 m. All four holes drilled in the North area returned anomalous assays exceeding 0.5 g/t gold, intersecting multiple sulphide-bearing quartz veins ranging from centimetres to 0.3 metres in width. Buchans Minerals Corporation
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