{"id":1127231,"date":"2019-07-17T17:39:35","date_gmt":"2019-07-17T22:39:35","guid":{"rendered":"https:\/\/www.mining.com\/?p=996939"},"modified":"2019-07-17T17:39:35","modified_gmt":"2019-07-17T22:39:35","slug":"reunion-golds-shares-jump-on-high-grade-find-in-french-guiana","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1127231","title":{"rendered":"Reunion Gold\u2019s shares jump on high-grade find in French Guiana"},"content":{"rendered":"<p>Reunion Gold\u2019s (TSX-V: RGD) shares jumped Wednesday after the Canadian miner reported a new high-grade gold discovery at the Saint-Michel prospect, part of the&nbsp;Boulanger&nbsp;project&nbsp;in north-central French Guiana.&nbsp;<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>Reunion Gold\u2019s projects are in the Guiana Shield, the northern segment of the Amazonian Craton of South America.&nbsp;<\/p>\n<p>In February, Barrick Gold (TSX:ABX)(NYSE:GOLD), the world\u2019s top bullion\u00a0producer by volume, <a rel=\"noreferrer noopener\" aria-label=\"entered into a 50-50 strategic alliance (opens in a new tab)\" href=\"http:\/\/highly%20prospective%20and%20under-explored%20guiana%20shield%20gold%20distric\/\" >entered into a 50-50 strategic alliance<\/a>\u00a0with Reunion to jointly explore for and develop projects in the\u00a0highly prospective and under-explored Guiana Shield gold district.<\/p>\n<p>Sampling over an area of 260 meters by 95 meters at the\u00a0Saint-Michel prospect\u00a0returned an average grade of 17.3 g\/t gold, Reunion said in a media release.\u00a0<\/p>\n<p>Systematic sampling of the Saint-Michel mineralized stockpiles extracted from past artisanal workings returned an average of 17.3 g\/t gold from 42 samples with the highest assay at 45.9 g\/t gold, the miner said.&nbsp;&nbsp;<\/p>\n<p>&nbsp;\u201cOur preliminary sampling of the Saint-Michel prospect shows some of the best gold grade our team has ever encountered in the Guiana Shield, and we look forward to systematically exploring this area as we move the Boulanger Project forward,\u201d&nbsp;R\u00e9jean&nbsp;Gourde, Reunion Gold\u00b4s CEO&nbsp;said.&nbsp;&nbsp;<\/p>\n<p>At market close Wednesday, Reunion\u2019s shares were up 12%, with the day\u2019s trading volume over 3 times the average. The company has a C$116 market capitalization<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mineralized stockpiles extracted  returned an average of 17.3 g\/t gold from 42 samples with the highest assay at 45.9 g\/t gold.<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1127231"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1127231"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1127231\/revisions"}],"predecessor-version":[{"id":1127243,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1127231\/revisions\/1127243"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1127231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1127231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1127231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}