The hole, BELOSI 081, which continues to be develop and extend the Upper East Hanging Wall Zone discovered in the 2011 drilling campaign, is reported to be mineralized its entire 205m length with the significant intercept of 18m averaging 5.7g/t gold within a 35m zone averaging 3.2g/t.
Commenting on the results, REBgold chairman Mark Burridge said that the latest drilling is continually increasing the potential for Osikonmaki East to become a significant gold deposit.
"Every intersection into the new eastern hanging-wall zone has yielded greater than 100 gram metres, displaying potential for both high grade and bulk tonnage mineralization," added Burridge.
Several other target areas, including the historical resources at Osikonmäki West and Pirilä are reportedly yet to be tested.