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Absolut Resources Corp. (TSX-V: ABS) is pleased
to report the final results from the definition drilling program on the
Pico Machay Gold Project in Peru. It also reports that
preliminary metallurgical testwork on Pico Machay samples has indicated
that cyanide leaching would yield good recoveries of gold and silver.
The drilling confirms the continuity of near
surface mineralization which, supported with favourable preliminary
metallurgical results, demonstrates the feasibility of a low capital
cost, heap leach operation at Pico Machay.
Highlights of the drilling were holes ABS-242
intersecting 100m @ 0.83 g/t Au,
including 7.5m @ 2.13 g/t Au
and 27m @ 1.26 g/t Au;
ABS-234 intersecting 80.5m @
0.71 g/t Au, including 16.5m
@ 1.46 g/t Au. All results are tabulated below:
|
Pico Machay
Drill Hole Gold Grade Summary
|
|
Hole
|
|
From (m)
|
To (m)
|
Length (m)
|
Gold Grade (g/t)
|
|
ABS-231
|
|
8.5
|
35.5
|
27.00
|
0.33
|
|
|
|
58.0
|
100.0
|
42.0
|
0.34
|
|
ABS-232
|
|
0.0
|
88.0
|
88.0
|
0.70
|
|
|
Including
|
53.5
|
71.5
|
18.0
|
1.75
|
|
ABS-233
|
|
0.0
|
80.5
|
80.5
|
0.43
|
|
|
Including
|
20.5
|
26.5
|
6.0
|
1.12
|
|
ABS-234
|
|
0.0
|
80.5
|
80.5
|
0.71
|
|
|
Including
|
1.0
|
17.5
|
16.5
|
1.46
|
|
|
Including
|
67.0
|
71.5
|
4.5
|
1.05
|
|
ABS-235
|
|
13.0
|
31.0
|
18.0
|
0.44
|
|
|
|
41.5
|
52.0
|
10.5
|
0.32
|
|
|
|
58.0
|
82.0
|
24.0
|
0.39
|
|
ABS-236
|
|
0.0
|
100.0
|
100.0
|
0.44
|
|
ABS-237
|
|
0.0
|
47.5
|
47.5
|
0.42
|
|
|
|
55.0
|
67.0
|
12.0
|
0.33
|
|
|
|
79.0
|
89.5
|
10.5
|
0.50
|
|
ABS-238
|
|
0.0
|
37.0
|
37.0
|
0.36
|
|
|
|
61.0
|
80.5
|
19.5
|
0.50
|
|
ABS-239
|
|
0.0
|
23.5
|
23.5
|
0.62
|
|
|
Including
|
8.5
|
16.0
|
7.5
|
1.57
|
|
|
|
28.0
|
38.5
|
10.5
|
0.35
|
|
ABS-240
|
|
4.0
|
25.0
|
21.0
|
0.61
|
|
ABS-241
|
|
0.0
|
41.5
|
41.5
|
0.90
|
|
|
Including
|
0.0
|
4.0
|
4.0
|
1.47
|
|
|
Including
|
22.0
|
31.0
|
9.0
|
1.50
|
|
ABS-242
|
|
0.0
|
100.0
|
100.0
|
0.83
|
|
|
Including
|
17.5
|
25.0
|
7.5
|
2.13
|
|
|
Including
|
41.5
|
68.5
|
27.0
|
1.26
|
|
ABS-243
|
No Significant
|
|
|
|
|
|
ABS-244
|
|
0.0
|
56.5
|
56.5
|
0.56
|
|
|
Including
|
22.0
|
40.0
|
18.0
|
1.04
|
|
|
Including
|
65.5
|
100.0
|
34.5
|
0.40
|
|
ABS-245
|
|
| 
