The assays from the 12 holes include: VEN-009, 0.7m grading 62.20 grams per tonne gold and 2,700 grams per tonne silver, or 111.29 grams per tonne gold equivalent; VEN-004, 0.6m grading 8.58 grams per tonne gold and 1,050 grams per tonne silver, or 27.67 grams per tonne gold equivalent.
Gammon Gold senior vice president of exploration and business development Peter Drobeck said that the company is very encouraged by the early drilling results from Venus project, which lies 3km directly north of the Ocampo Mine properties.
The company said that the surface work completed to date has shown that there are multiple veins outcropping with locally very high grades on surface.
