Ormonde Mining has reported positive exploration results from its Salamanca Gold Project in western Spain, in which it has a 90% interest.
The company said the results confirm Salamanca as a highly prospective, multi-target gold play. It added that it plans to advance the project through further exploration including drilling.
'The emergence of new zones with discovery potential combined with the evaluation of known but under-explored tungsten-gold prospects, gives us a very positive outlook for this year's drilling programmes,' commented Kerr Anderson, Ormonde's Managing Director.
'Salamanca is a rapidly progressing project, demonstrating that in addition to La Zarza we have several projects in Spain which could add substantial value for shareholders,' he added.
