Press Release

Early signs of arsenic in drill samples at Bolo project are a positive signal for New Placer Dome (TSX-V:NGLD | FSE:BM5)

By Patrick Davis


New Placer Dome is excited by the initial findings of its drill program at the Bolo gold-silver project in Nevada, US. It has so far completed nearly 40% of a 3,463m reverse circulation drill program and has sent these samples off for geochemical analysis to test for gold-silver mineralization. 

However, initial analysis of these samples shows elevated arsenic values which is a potential indicator of the presence of gold-silver mineralization and an encouraging sign.

New Placer Dome Gold Corp. Provides Bolo Gold-Silver Exploration Update & Announces Field Work at Troy Canyon – READ THE NEWS RELEASE HERE.

The program remains on budget and on schedule with an additional 2,100 meters to be completed over the coming weeks. The goal of the program is to find connecting mineralization between the South Mine Fault and Uncle Sam zones and to target new discoveries below the existing gold mineralization.

READ OUR FULL IN-DEPTH SPECIAL REPORTFor a more detailed analysis of New Placer Dome (TSX-V:NGLD | FSE:BM5)


In this article:


Author: Patrick Davis

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Sign up for Investing Intel Newsletter