Golden Tough Resources found chromites when drilling gold in Albania

  • Wednesday, March 30, 2011
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  • Keywords:Golden Tough Resources chromites Albania
[Fellow]

Golden Tough Resources pleased to announce that it has started a twenty hole 2,000 meter drill program on the Company's Rubik volcanogenic massive sulphide gold project in Albania.  The Rubik gold project covers 68 km2 and is situated about 100 kilometers north of the Albanian capital, Tirana. 

Golden Touch's Rubik exploration license covers a 20 kilometer long breccias zone.  Exploration completed to date has discovered near surface gold mineralization in seven areas along ten kilometers of this breccias zone.

Golden Touch's principal asset is the 100-per-cent-owned Albanian Exploration Projects, totally approximately 140 sq. km, located in Northern Albania.  The Company has already spent in excess of US$5 million on exploration within the permit areas, which has resulted in the outlining of significant gold, platinum group elements (PGE) and chromites mineralization.

 

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