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Absolut Resources Corp. (TSX-V: ABS) is pleased to
announce that it has received results from the first of 20 of 56 drill
holes from the drill out program on the Pico Machay Gold Project in
Peru.
Early drilling was focused on the extremities of the
known mineralization, with drilling in the northeast of the deposit
confirming the presence of a high grade core of mineralization trending
northeast-southwest. Highlights of the drilling were holes ABS-199
intersecting 75m @ 1.39 g/t Au,
including 15m @ 3.75 g/t Au; ABS-198 intersecting 112m @ 0.67 g/t Au,
including 48m @ 1.19 g/t Au and ABS-209 intersecting 58m @ 1.69 g/t Au.
All holes drilled on the northern extremity of the
deposit intersected significant mineralization, with the exception of
ABS-192, indicating the deposit remains open to the north.
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Table 1.- Pico Machay
Drill Hole Au Grade Summary
|
|
Hole
|
|
From (m)
|
To (m)
|
length (m)
|
Grade (g/t)
|
|
ABS-191
|
|
17.50
|
26.50
|
9.00
|
0.43
|
|
|
|
38.50
|
58.00
|
19.50
|
0.30
|
|
ABS-192
|
No significant
|
|
|
|
|
|
ABS-193
|
|
0.00
|
14.00
|
14.00
|
0.43
|
|
|
|
25.00
|
47.50
|
22.50
|
0.44
|
|
|
including
|
25.00
|
32.50
|
7.50
|
0.62
|
|
|
|
59.50
|
62.50
|
3.00
|
0.33
|
|
ABS-194
|
|
0.00
|
49.00
|
49.00
|
0.61
|
|
|
including
|
16.00
|
31.00
|
15.00
|
1.06
|
|
|
|
55.00
|
71.50
|
16.50
|
0.37
|
|
ABS-195
|
|
19.00
|
43.00
|
24.00
|
0.31
|
|
ABS-196
|
|
80.50
|
95.50
|
15.00
|
0.53
|
|
ABS-197
|
|
29.50
|
65.50
|
36.00
|
0.33
|
|
ABS-198
|
|
0.00
|
112.00
|
112.00
|
0.67
|
|
|
including
|
29.50
|
77.50
|
48.00
|
1.19
|
|
|
including
|
41.50
|
61.00
|
19.50
|
2.01
|
|
ABS-199
|
|
10.00
|
85.00
|
75.00
|
1.39
|
|
|
including
|
20.50
|
35.50
|
15.00
|
3.74
|
|
ABS-200
|
|
0.00
|
68.50
|
68.50
|
0.64
|
|
|
including
|
14.50
|
28.00
|
13.50
|
1.05
|
|
ABS-201
|
|
0.00
|
37.00
|
37.00
|
0.50
|
|
|
|
43.00
|
100.00
|
57.00
|
0.36
|
|
ABS-202
|
|
8.50
|
13.00
|
4.50
|
0.30
|
|
|
|
23.50
|
70.00
|
46.50
|
0.99
|
|
|
including
|
41.50
|
58.00
|
16.50
|
1.77
|
|
ABS-203
|
|
0.00
|
4.00
|
4.00
|
0.34
|
|
|
|
13.00
|
22.00
|
9.00
|
0.33
|
|
|
|
34.00
|
44.50
|
10.50
|
0.35
|
|
|
|
56.00
|
80.50
|
24.50
|
0.39
|
|
ABS-204
|
|
0.00
|
32.50
|
32.50
|
0.52
|
|
|
including
|
0.00
|
8.50
|
8.50
|
1.01
|
|
|
|
44.50
|
49.00
|
4.50
|
0.33
|
|
|
|
61.00
|
107.50
|
46.50
|
0.45
|
|
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