Brazauro up on wide gold intercept

摘要

Brazauro Resources (BZO-V, BZOFF-O) is flush with Brazilian gold after drill results confirmed continuous high-grade mineralization within the main deposit at its Tocantinzinho project, in Para state, including a core zone expected to bump up the site's resource estimate. Five infill holes returned strong gold grades. Hole TOC-57 intersected 2.45 grams gold per tonne over 115.5 metres, starting 69 metres down-hole, including 51.4 metres grading 4.32 grams gold. Hole TOC-60 also intersected the higher-grade core, returning 2.02 grams gold over 258 metres starting at 38 metres depth. The news in early June pushed Brazauro up 10 percent to 85 cents on trading volume of almost 500,000 shares.