Riversgold (ASX:RGL) confirmed high-grade mineralization via rock chip sampling at the Saint John copper, gold, copper, silver and antimony project in New Brunswick, Canada, according to a Tuesday Australian bourse filing.
It reported grades of up to 7.4% copper, 2.4 grams per tonne of gold, 148 grams per tonne of silver, and 6.2% lead.
The project covers an area of 101 square kilometers.
Multi-element assay results for 72 samples from reconnaissance rock chip sampling have been reported, the filing added.