Toronto-listed Altan Rio Minerals has announced results from the recently completed drilling programme at its 100%-owned Chandman-Yol copper-gold porphyry project, including 8.05 m at 1.77 g/t gold only 16.30 m from surface, at the recently discovered Takhilt target. The completion of seven diamond core holes for 3,030.35 m was made under a contract that allows the company to pay for approximately 60% of the invoice cost in shares.
Two main target areas were tested: the large concealed Ovoot IP anomaly and the extensive partly-exposed mineral system at Takhilt, where five moderately wide spaced holes were completed and several new zones of gold and copper mineralization intersected, including a shallow intercept beginning at 16.30 m from surface of 8.05 m at 1.77 g/t gold, including 2.5 m @ 5.38 g/t gold.