Global Geoscience (ASX: GSC) should firm in trade after revealing rock chip results up to 13 grams per tonne at its Tokop gold project in Nevada, U.S.
The 45 sample results averaged 2.1 grams per tonne gold, and are consistent with previous drill and trench results of up to 19 metres at 1.3 to 1.9 grams per tonne gold.
Tokop is a greenfield discovery made by Global last year, only seven drill holes have been completed to date, and a permit has been awarded covering the next phase of drilling.
The deposit is an Intrusion Related Gold System, with similarities to the 9 million ounce Fort Knox gold deposit in Alaska, owned by the $6 billion Kinross Gold (NYSE:KGC).
Geological, geochemical and geophysical data suggest the intrusion at Tokop measures 1 kilometre by 2 kilometres, exposed in three areas at surface, separated by limestone and skarn.
The results confirm Global's interpretation that the gold at Tokop is present within sheeted and stockworked quartz veins in a number of zones within the intrusion.
Importantly for potential mining operations, Tokop lies just 15 kilometres from the main highway between Reno and Las Vegas.
Global is capitalised at around $6 million.
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