Positive exploration news from Ovoca

15th Nov 2010 15:22

Ovoca Gold says that soil sampling in the Podgorniy area of Russia shows a large gold-silver-arsenic anomaly.The anomaly is approximately three kilometers in length and one kilometer wide. Alluvial gold has been mined in the streams in the area. Trench and drilling work will start in the 2011 exploration season. There is a close overlap of gold and silver showings, plus other minerals associated with gold findings. Podgorniy is in the Northeastern part of the Magadan Region of Russia. The Olcha project in the southern part of the same licence area is progressing. Ovoca is quoted on AIM and its Irish equivalent, ESM.