Adelong Gold Sees potential for major deposits at Gibraltar, NSW
- Adelong Gold (ADG) hits wide zones of mineralisation at the Gibraltar mine in NSW
- Follow up drilling indicated a strong multiple vein system west of the Gibraltar mine workings with a peak intersection of one metre at 34.6 grams of gold per tonne
- The results confirm five zones of gold mineralisation previously intersected, and according to Managing Director Peter Mitchell, highlight the potential for major deposits
- Adelong says it can now begin bringing the Gibraltar deposit into the resource inventory for its namesake project
- ADG shares are up 114 per cent trading at 1.5 cents at 2:42pm AEDT