Castillian Resources Corp. (TSX VENTURE:CT)(OTCQX:CTIIF) ("Castillian" or the "Company") has completed 3,833 meters of drilling in 12 holes at four of the six major target areas of the 6,000 metre diamond drilling program at its Hope Brook Gold Project in southwestern Newfoundland.
Drilling has progressed rapidly with four rigs now operating along a 3.4-kilometre long mineralized trend between the past-producing Hope Brook Mine southwest to the Chetwynd South Prospect (see press release dated November 5, 2012). All twelve drill holes completed to date have intersected the silicified mineralized zones as targeted from our geological and geophysical data. Currently holes are in progress on the Chetwynd, Connector Zone and NW target areas. Figure 1 shows the locations of the target areas and drill hole pierce points. Table 1 lists significant assay results. Assays have been received for the first four drill holes completed (HB12-091 to -094).
Dr. Bill Pearson, P.Geo., President and CEO of Castillian, commented: "We are on schedule to complete the planned 6,000m drill program before Christmas. This program is designed to open up major new target areas for future resource definition. I am very encouraged by the results to date. We have confirmed that the major silicified mineralized zones extend for at least 3.4km along strike and are open along strike and downdip. Drilling in progress is focussing on identifying areas with higher grade gold within these extensive alteration zones particularly in the Connector zone."