AZIMUTH Resources Limited, the Australian company carrying out exploration in the Omai Region 7 (Cuyuni/Mazaruni) area announced that it has discovered high grade gold at its Larken prospect, one of its two prospects in the area.
First assays from shallow reverse circulation drilling at the Larken prospect

returned high grades over substantial widths.
Best results , the Company said,  were from drill hole LRC007:  4.8 g/t Au (4.8 grams per ton gold)  from 12 metres to 25 metres  and from drill hole LRC009:  2.5 g/t Au from 5 metres to  91 metres  widths.
It is generally accepted that the average gold grade for productive systems in open pit mining in  the Guiana Shield Region is known to be between 0.8 and 1.5 grams per tone of gold.
The results of drill holes LRC007 and LRC009, when combined with the recently reprocessed and interpreted aeromagnetics, illustrate the prospectivity of the West Omai region and specifically, the potential for additional high grade gold bearing structures in close proximity to two other deposits: Smarts and Hicks Deposits, the Australians said..
Larken is a small artisanal open pit, approximately 50 metres wide by 120 metres in strike, and less than 15 metres deep, that was mined in the mid to late 1990s.
The pit lies approximately 700 metres to the West Omai Hicks prospect and is likely to be a sub parallel structure to the one that hosts both Hicks and northeast of Smarts, Azimuth said.
Recent aeromagnetic processing and interpretation would indicate that there may well be a parallel zone of gold anomalism with a strike of at least 3 kilometres.
The drill results suggest that there is the potential for ore shoots, similar to those seen within the Smarts Deposit, within the broader structure.
The geology of the prospect appears similar to that of Smarts, being a volcanic host with abundant quartz veining in a NW trending shear zone
The company is excited by this discovery as it validates the belief that there are other high grade gold bearing structures separate to the Hicks and Smarts structure within the West Omai project.
These intercepts are an extremely encouraging result from the first drilling campaign by Azimuth, on a prospect that has not been subject to recent drilling.
Although further drill results are needed to place these intercepts into a definitive geological framework, these results are a great starting point for a new high priority exploration target expected to be better defined in the coming months.
As the company recommences drilling activities in 2013, Larken is a prospect that will receive a more prioritised focus.
Along with several other targets generated by the company, Larken will be further tested in the first quarter of 2013.
In parallel, the company is working diligently towards releasing its upgraded resource statement within the same period, Azimuth spokesmen said.