Gammon Gold Announces Further Positive Exploration Drilling Results and a Progress Update on the Scoping Study for the Guadalupe y Calvo Gold-Silver Project

Gammon Gold Announces Further Positive Exploration Drilling Results and a Progress Update on the Scoping Study for the Guadalupe y Calvo Gold-Silver Project - "As of the end of October, the Company had completed 152 diamond drill holes, totaling 30,640 meters (61%) of the planned 50,000 meter drill program at the Guadalupe y Calvo project in Chihuahua State, Mexico. The Company has received assays for 95 of these 152 completed diamond drill holes. These results now show that there is a substantial volume of potentially underground-mineable vein mineralization that is locally, very high grade. Of the 95 drill holes for which assays are available, 49 (52%) had cut a minimum of 2 meter lengths grading a minimum of 3 g/t gold equivalent using a 50:1 gold to silver ratio." More
- 11/06/08 | Item |

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