Consolidated Goldfields Resumes Evaluation of its Pyramid Mine



October 20th, 2009 | File Under : Companies - Gold - Mineral Exploration

underground_uranium_miningConsolidated Goldfields Corporation is pleased to announce that the company will be resuming evaluation of the Pyramid Mine in Churchill County, Nevada. The Pyramid Mine is a high-grade underground gold-silver-lead-zinc stockwork-vein system hosted in altered volcanic rocks within the prolific Walker Lane structural zone.

As previously reported, samples were collected by the company from both the
surface and underground throughout the claim block to initiate field exploration. Assays were completed by Inspectorate Laboratories in Reno, Nevada.

Surface results ranged from a high of 0.823 oz/ton gold, 177.9 oz/ton silver, 11.5% lead, 6.9% zinc to a low of 75 ppb gold, 15.2 ppm silver, 1,212 ppm lead and 526 ppm zinc. Underground assays were significantly higher ranging from a maximum of 1.505 oz/ton gold, 261.3 oz/ton silver, 15.0% zinc, 9.8% lead to a low of 10 ppb gold, 8 ppm silver, 211 ppm zinc and 99 ppm lead.

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