Original Announcement: Transol commences drilling in Cambodia
Transol Corporation announced that it has mobilized the first ever RC/Diamond Drilling rig into Cambodia. Drilling programs utilizing one RC/Diamond Drill Rig and also one stand alone diamond rig has commenced at the Oyadao project. Commencement of drilling at the Oyadao Border Prospect is for an initial 10 hole, 1200m program to test over one kilometre strike length of quartz reefs. It is planned that drilling at the Banlung project will follow immediately after the Oyadayo drill program is completed and the rigs are now on site and will commence drilling immediately. The Drilling is planned to test gold anomalies that have been outlined in its previous exploration programs. It also advised that trenching is continuing at Okalla on a strong gold target obtained from stream sediment and panning in creeks over and area of approximately 10 sq.km. So far trench assays up to 3m @ 13g/tAu have been obtained from an area containing sulphide altered float that also contains gold values.
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