Kentor Gold Limited (ASX:KGL) is pleased to announce that is has completed the planned drilling programme at the Kurgan 1 gold prospect on the Kurgan Exploration Licence area in the Kyrgyz Republic, and all assays have been received.
Kurganis 70 kilometres south-west of the Andash Gold-Copper Project which Kentor now has under development.
The purpose of the drilling at Kurgan was to follow up encouraging surface sampling results from the 2009 field season. Five diamond holes were drilled with a total length of 615.2m. It was established that gold is widely distributed through a thick sequence of Riphean siltstone, shale and limestone. However grades and thicknesses intersected were generally below those which would be required for a profitable development at Kurgan under normal circumstances.
Managing Director, Simon Milroy, said: “The results of the 2010 field season will be analysed carefully. The Kurgan area is definitely gold-bearing. We now must decide whether the chances of discovering commercially viable mineralisation warrant continuing with the programme in 2011.”
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