MAPAWA DRILLING RESULTS - ANGLOGOLD ASHANTI LIMITED and RED 5 LIMITED
Red 5 Limited announced results of the shallow diamond drilling at Mapawa property located in Surigao del Norte, Philippines. Highlights include hole MDD004 which intersected 53.0 m of 0.8 g/t gold and 0.20% copper and 2.4 ppm silver. Drilling results confirmed that the near surface mineralization
is consistent with typical diorite hosted gold-copper porphyry, with the predominantly intact gold ‘cap’ hosted in altered andesite and sediments.
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