Altan Rio Minerals Limited | Altan Rio Intersects High Grade Gold at the Khavchuu Project, Northern Mongolia: "VANCOUVER, June 13, 2012 /CNW/ - Altan Rio Minerals Limited, TSX.V: AMO ("Altan Rio" or the "Company") today announces results of the inaugural (Phase 1) drilling campaign at the 100% owned Khavchuu gold exploration project ("Khavchuu") covering 71.4 km2 in northern Mongolia (Figure 1). These initial results are promising with down-hole gold and arsenic anomalies intersected over a substantial 4 x 6 km area, including a high grade intersection in hole KH-05 at 11.49 g/t gold within Boroo-type host rocks and alteration.
HIGHLIGHTS
Seven wide-spaced reconnaissance core holes for 1,902.2 m were completed from March to May
Five of the seven holes intersected significant gold and/or arsenic anomalies, the main geochemical indicators for orogenic gold deposits in the Boroo region
Hole KH-05 intersected high grade gold (11.49 g/t over 1 m) in a structurally complicated area on the edge of a large Boroo Complex granitoid
Holes KH-01 and KH-03 intersected low angle structures that contained Boroo complex granitoids with similar alteration over intervals as broad as 80 meters, with locally anomalous gold"
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