Antilles Gold (ASX:AAU) has announced its received assays from its recent 1,800m cored drilling program on the out-cropping oxide gold domain at El Pilar in central Cuba, with grades up to 190g/t.
Antilles Gold says preliminary results from the Cuban Government's laboratory were announced last Nov and Dec, and re-assaying these over-range, high-grade zones has significantly upgraded the intervals in some sections.
It says these sections suggest the presence of coarse gold, further adding to the very high-grade, and significant nature of these intervals at El Pilar from near surface.
Antilles Gold is also hoping to establish a joint venture between subsidiaries of Antilles Gold and the Cuban Government's mining company, GeoMinera, upon which it will subscribe about US$2M of equity to the new company.