Tigray Resources Inc has announced that it has completed nine diamond drill holes since mid-August in Ethiopia. The holes are approximately 1700 meters and have been completed on drill sections 80 meters apart at Terakimti and are part of ongoing exploratory drilling.

Drilling is targeting a zone approximately one kilometre in strike length identified through geological, structural and alteration mapping; gold anomalous gossan outcrops; soil geochemical anomalies; IP, resistivity, gravity and EM targeting; and results from 12 previously drilled holes.The lab is expected to deliver the results for the first eight diamond drill holes in four to six weeks.

The phase one diamond drilling program has been expanded from 11,000 to 13,000 meters in an estimated 80 drill holes and is to be finished by the end of the first quarter of 2012. Two other targets, Adi Angoda and AMEM3, will also be drilled in the first phase to test potential VMS and copper-gold related mineralization.

Results from a 40-by-40 meter spaced silver and gold sampling project have become available. An indication of gold known as Ruwa Ruwa has been identified near Terakimti.  More mapping, rock chip sampling, trenching and extension soil sampling will be needed to advance and define drill targets.

Tigray currently has two diamond drill rigs on site. A third rig has been commissioned and is on its way to the project. Tigray is a Canadian mineral exploration company focused on advancing early stage mineral projects in the Tigray region of Ethiopia.

Source: marketwatch.com