Archive for category Drill Results

KAMINAK DRILLS HIGH-GRADE GOLD AT SUPREMO T3 ZONE

Posted by Admin in Drill Results, News Releases on August 24, 2011

Kaminak Gold Corp. has released assay results from 31 reverse circulation drill holes from the Supremo T3 zone, located on the company’s 150,000-acre Coffee gold property in the Yukon. The Supremo zone consists of at least 7 north-south trending gold-bearing structural zones (T1 to T7) which are co-incident with a well defined 2km by 2km gold-in-soil anomaly. The T3 structure has been traced for at least 600m and remains open along trend and to depth.

Key Results

 

CFR-27 - 11.6 g/t Au over 9.1m (from   CFR-45 - 2.1 g/t Au over 27.4m (from
18.3m)                                 110.3m)
CFR-31 - 3.0 g/t Au over 13.7m (from   CFR-46 - 4.3 g/t Au over 13.7m (from
41.2m)                                 surface)
CFR-33A - 2.5 g/t Au over 19.8m        CFR-50 - 19.9 g/t Au over 6.1m (from
(from 94.5m)                           8.2m)
CFR-34 - 9.8 g/t Au over 4.6m (from    CFR-51 - 7.9 g/t Au over 12.2m (from
21.3m)                                 46.9m)
CFR-35 - 13.5 g/t Au over 15.2m        CFR-52 - 10.7 g/t Au over 6.1m (from
(from 30.5m)                           87.5m)
CFR-36 - 8.7 g/t Au over 9.2m (from    CFR-53 - 8.2 g/t Au over 18.3m (from
50.3m)                                 117m)

 

Key Points

 

--  RC drilling at Supremo successfully defines continuous high-grade,
    near-surface and oxidized gold within moderately plunging zones of the
    T3 structure. 

--  Future drilling will focus on extending the T3 structure south of
    section 4325N where the last four consecutive holes yielded 19.9 grams
    per tonne gold (g/t Au) over 6.1m; 7.9 g/t Au over 12.2m; 10.7 g/t Au
    over 6.1m and 8.2 g/t Au over 18.3m down to 175m vertical. 

--  New drilling also scheduled for T1 and T2 structures. Diamond drilling
    at T2 in 2010 yielded 3.73 g/t Au over 16m which remains open along
    trend. The T1 structure comprises a well-defined gold-in-soil trend
    that remains untested. 

--  Gold-in-soil data and geophysical / structural interpretations suggest
    the Supremo gold-bearing structures extend towards the Connector and
    Latte gold zones, and northwards towards the Macchiato / Cappuccino
    Zones, for a possible potential strike length in excess of 2.5
    kilometres.

 

Drill Summary

A total of 31 RC holes were drilled along 25m and 50m spaced sections of the T3 structure. All holes were drilled on a 270 degree azimuth (west facing) angled between 50 and 70 degrees. The T3 Zone is characterized by steep east -dipping, oxidized gold mineralization varying in true width from 5m to 30m. Overall, the results confirm the lateral and vertical continuity of the T3 structure along trend. Notably, holes from the most southerly section 4325N consistently returned strong mineralized intervals down-dip to approximately 175m vertical, including 19.9 grams per tonne gold (g/t Au) over 6.1m (CFR-50); 7.9 g/t Au over 12.2m (CFR-51); 10.7 g/t Au over 6.1m (CFR-52) and 8.2 g/t Au over 18.3m (CFR-53). This significant zone of high grade mineralization remains open to the south along strike and at depth.

On cross-section the T3 structure consistently maps as a steep, east-dipping structure comprised of hydrothermally altered felsic gneiss carrying abundant sericite, clay and pyrite. An initial longitudinal section has also been constructed along the trace of the T3 structure and interpretations suggest high-grade intercepts may be controlled by a moderate south plunge. These observations have helped focus the 2011 drill plan and provide priority drill targets. All maps, sections and assay sheets are currently available on the Kaminak website, www.kaminak.com.

 

Table 1 - Complete Assay Table                                             

---------------------------------------------------------------------------
                                                                   Weighted
Drill                  From              To        Interval           grade
Hole #                   (m)             (m)          (m)(i)        (g/t Au)
---------------------------------------------------------------------------
CFR-022               22.86           30.48            7.62            2.64
---------------------------------------------------------------------------
CFR-023               70.71           79.86            9.15            1.77
---------------------------------------------------------------------------
CFR-024               47.24           53.34             6.1            3.28
---------------------------------------------------------------------------
CFR-25A               80.77           83.82            3.05            1.06
---------------------------------------------------------------------------
CFR-027               18.29           27.43            9.14           11.61
---------------------------------------------------------------------------
Incl.                 24.38           25.91            1.53            58.7
---------------------------------------------------------------------------
and                    38.1           45.72            7.62            1.54
---------------------------------------------------------------------------
CFR-028               71.63            76.2            4.57            3.29
---------------------------------------------------------------------------
CFR-029              135.64          141.73            6.09            1.57
---------------------------------------------------------------------------
CFR-030              143.26          147.83            4.57            1.19
---------------------------------------------------------------------------
CFR-031               41.15           54.86           13.71            3.01
---------------------------------------------------------------------------
and                   65.53           68.58            3.05            3.54
---------------------------------------------------------------------------
CFR-032               77.72           83.82             6.1            2.26
---------------------------------------------------------------------------
CFR-033A              94.49           114.3           19.81            2.54
---------------------------------------------------------------------------
CFR-034               21.34           25.91            4.57            9.82
---------------------------------------------------------------------------
CFR-035               30.48           45.72           15.24           13.50
---------------------------------------------------------------------------
Incl.                 35.05           39.62            4.57            29.4
---------------------------------------------------------------------------
CFR-036               50.29           59.44            9.15            8.67
---------------------------------------------------------------------------
Incl.                 53.34           56.39            3.05            22.1
---------------------------------------------------------------------------
CFR-037               93.27           96.32            3.05            1.42
---------------------------------------------------------------------------
CFR-038               22.86           24.38            1.52            3.41
---------------------------------------------------------------------------
CFR-038A              24.69           26.21            1.52            2.42
---------------------------------------------------------------------------
CFR-039               24.99           31.09             6.1            2.37
---------------------------------------------------------------------------
CFR-040              167.94          169.47            1.53            2.44
---------------------------------------------------------------------------
CFR-041              148.44          166.73           18.29            0.89
---------------------------------------------------------------------------
CFR-042              125.58          128.63            3.05            2.33
---------------------------------------------------------------------------
CFR-043               60.05           61.57            1.52            5.07
---------------------------------------------------------------------------
CFR-044               93.57          121.01           27.44             1.6
---------------------------------------------------------------------------
CFR-045              110.34          137.77           27.43            2.11
---------------------------------------------------------------------------
CFR-046                   0           13.72           13.72            4.28
---------------------------------------------------------------------------
Incl.                  1.22            2.44            1.22            22.5
---------------------------------------------------------------------------
CFR-048                82.3           83.82            1.52            1.75
---------------------------------------------------------------------------
CFR-049               33.83           39.93             6.1             5.3
---------------------------------------------------------------------------
CFR-050                8.23           14.33             6.1            19.9
---------------------------------------------------------------------------
CFR-051               46.94           59.13           12.19            7.85
---------------------------------------------------------------------------
CFR-052               87.48           93.57            6.09           10.66
---------------------------------------------------------------------------
Incl.                 90.53           93.57            3.04              20
---------------------------------------------------------------------------
CFR-053                 114          167.34           53.34            3.31
---------------------------------------------------------------------------
Incl.                117.04          135.33           18.29            8.23
---------------------------------------------------------------------------
(i) True width estimated at approximately 2/3 core length. Holes CFR-025,
    026, 33 and 047 were abandoned due to poor ground conditions /
    mechanical issues.

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KAMINAK DRILLS 74.9 G/T AU OVER 4M AT DOUBLE DOUBLE: HIGH-GRADE GOLD ZONE OPEN ALONG TREND AND DEPTH

Posted by Admin in Drill Results, News Releases on August 9, 2011

Kaminak Gold Corp. has released assay results from 11 diamond drill holes from the Double Double zone, located on the company’s 150,000-acre Coffee gold property, Yukon. The Double Double zone represents one of nine gold targets to be drilled in 2011 by Kaminak as part of its ongoing 40,000m drill program. Each of these zones begin at surface and remain open along trend and at depth.

Key Point Summary

 

--  CFD-90 yields 74.9 grams per tonne gold (g/t Au) over 4m starting at
    105m core length. Re-assay checks and duplicate screen-method fire assay
    sampling of this ultra high-grade interval yielded repeatable results.
--  CFD-88 yields 25.4 g/t Au over 2m (from 43m); CFD-81 yields 8.37 g/t Au
    over 5m (from 73m); CFD-93 yields 12.15 g/t Au over 3m (from 57m); CFD-
    101 yields 14.35 g/t Au over 2m (from 29m) and CFD-104 yields 56.4 g/t
    Au over 1m (from 71m)
--  Near-surface and high-grade gold intercepts encountered within vertical
    structural corridor traceable over 200m along trend; remains open in all
    directions.
--  New structural interpretation suggest the Double Double zone represents
    the easterly high-grade extension of the Latte gold zone located 800m
    west

 

Drill Results

The Double Double gold zone was discovered in 2010 by drilling beneath a linear gold-in-soil trend that extends for at least 1km along a west to northwest trend which is also co-incident with a magnetic lineament traceable for several more kilometers, suggesting the gold-bearing structures at Double Double extend for several kilometers and possibly link with the Latte gold zones located 800m west. A total of 11 diamond drill holes were completed along a 200m long portion of the gold-in-soil anomaly in order to follow-up drill results from 2010 that included: 6.35 g/t Au over 35m (starting at 139m core depth) from hole CFD-27 and 15.9 g/t Au over 5m (starting at 213m core length) from hole CFD-28 (see Kaminak news releases dated August 11th, 2010 and August 24th, 2010). Complete assay sheets, plan maps and cross-sections of the 2011 drilling are now available on the Kaminak website.

Drill hole CFD-90 yielded an ultra-high-grade intercept between 105m and 109m down-hole (refer to table 1 below). An original 30g fire assay of 1/2 cut core yielded a weighted average of 69.6 g/t Au over 4m with individual assays yielding 105.5 g/t Au (105-106m), 106 g/t Au (106-107m), 62.7 g/t Au (107-108m) and 4.14 g/t Au (108-109m). In order to validate these results, an additional 1kg sample of this material was taken and screened through a 100 micron mesh and analyzed by fire assay. A third fire assay was completed by screening a 1kg sample obtained by re-cutting the remaining drill core stored on site (1/4 core sampling). Results of both screen assays yielded consistent and repeatable results averaging 74.9 g/t Au over 4m with assays averaging 120.25 g/t Au (105-106m), 98.7 g/t Au (106-107m), 76.4 g/t Au (107-108m) and 4.24 g/t Au (108-109m). Coarse gold (greater than 100 micron) accounted for only 4-7% in all samples suggesting minimal nugget effect.

 

Table 1 - Assays from 105-109m for CFD-90                                 

-------------------------------------------------------------------------
                  1/2 core    1/2 core 1kg    1/4 core 1kg       Avg. 1kg
Depth               30g FA       screen FA       screen FA      screen FA
(m)                (g/t Au)        (g/t Au)        (g/t Au)       (g/t Au)
-------------------------------------------------------------------------
105-106              105.5             105           135.5         120.25
-------------------------------------------------------------------------
106-107                106             109            88.4           98.7
-------------------------------------------------------------------------
107-108               62.7              64            88.8           76.4
-------------------------------------------------------------------------
108-109               4.14            4.49            3.99           4.24
-------------------------------------------------------------------------
(FA = fire assay)

 

Ultra-high-grade samples in drill hole CFD090 are characterized by increased breccia and intensely silicified material with no recognizable host rock. Silicified host material is overprinted by (micro) breccia as well as chalcedonic silica vein networks. Sericite is low in the samples, as the overwhelming alteration is silica; minor scorodite, fuchsite and leucoxene. The sulphide content is not unusually high for Coffee gold environments, thus the addition of silica appears to be more important to the increased gold tenor. A representative photo montage of mineralized samples is available on the Kaminak website.

Results suggest gold is hosted in a number of near-vertical to steep north-dipping zones traceable within the broader regional magnetic lineament and gold-in-soil anomaly. These high-grade gold zones are typically meter-scale in width and are recognized mainly by increased levels of hydrothermal alteration. The most consistent and traceable structure defined to date is informally known as the “North Trend” and is noted on all cross-sections drilled. For example, drilling on section 5125E intercepted the North Trend in holes CFD-88 (25.4 g/t Au over 2m) and CFD-90 (74.9 g/t Au over 4m). Moreover, section 5275E cut the North Trend in hole CFD-93 (8.23 g/t Au over 3m) and hole CFD-98 (4.32 g/t Au over 4m) and section 5075E drilled through the North Trend in hole CFD-101 (14.35 g/t Au over 2m) and hole CFD-104 (56.4 g/t Au over 1m). Deeper drilling at Double Double uncovered several parallel zones to the North Trend, including the “Central Trend”; however, since the focus of the drilling was on defining the North Trend, little is known about these deeper zones. Collectively, these observations re-affirm the high-grade and continuous nature of gold within the Double Double zone and also illustrate the importance of tracing high-angle structural corridors.

Drill Update

Over 28,000m of drilling has now been completed on the Coffee property during the 2011 season and the Company is on schedule to complete the 40,000m program as initially outlined in the spring of 2011. Three diamond drills and one reverse circulation drill (RC) are currently active on the property. Assays from Latte (50 diamond holes), Supremo (31 RC holes), and Kona (28 RC holes) are currently pending and initial results from Supremo and Latte are expected in the coming weeks. Two drills are currently operating on the Kona zone (1 diamond drill and 1 RC drill) and one diamond drill is located on Latte and Connector zones respectively.

Kaminak is also pleased to report it has begun construction of a 15km long gravel road that will connect the Coffee Camp and airstrip to the main drill areas of Latte, Connector, Double Double and Supremo. The road is expected to be completed by the end of Q3 of 2011 and will allow the Company to extend future drill seasons and reduce aircraft costs. Summer barge season is in full-swing and heavy equipment (bulldozer, loader and dump truck) have been mobilized to site in order to facilitate road construction. Three bulk fuel tanks (75,000 liter capacity each) are also on site and are currently being installed.

 

Table 2 - Complete Assay Table                                           

-------------------------------------------------------------------------
Drill                From             To       Interval    Weighted grade
Hole #                 (m)            (m)         (m)(i)          (g/t Au)
-------------------------------------------------------------------------
CFD-77                 75             77              2              5.78
-------------------------------------------------------------------------
CFD-79                162            166              4              2.27
-------------------------------------------------------------------------
and                   191            193              2              4.55
-------------------------------------------------------------------------
CFD-81                 73             78              5              8.37
-------------------------------------------------------------------------
Incl.                  77             78              1              34.3
-------------------------------------------------------------------------
CFD-83                 43             44              1             16.65
-------------------------------------------------------------------------
CFD-86                260            269              9                 1
-------------------------------------------------------------------------
CFD-88                 43             50              7              8.29
-------------------------------------------------------------------------
Incl.                  43             45              2              25.4
-------------------------------------------------------------------------
CFD-90                105            109              4              74.9
-------------------------------------------------------------------------
and                   189            191              2              5.89
-------------------------------------------------------------------------
and                   205            207              2              7.22
-------------------------------------------------------------------------
Incl.                 206            207              1             13.15
-------------------------------------------------------------------------
CFD-93                 12             15              3              8.23
-------------------------------------------------------------------------
and                    57             60              3             12.15
-------------------------------------------------------------------------
Incl.                  58             59              1              32.9
-------------------------------------------------------------------------
and                   101            107              6              5.31
-------------------------------------------------------------------------
incl                  103            104              1              27.5
-------------------------------------------------------------------------
and                   167            172              5              6.21
-------------------------------------------------------------------------
CFD-98                 16             20              4              4.32
-------------------------------------------------------------------------
and                    97            103              6                 2
-------------------------------------------------------------------------
CFD-101                29             31              2             14.35
-------------------------------------------------------------------------
CFD-104                71             72              1              56.4
-------------------------------------------------------------------------
and                   147            148              1              4.29
-------------------------------------------------------------------------
and                   225            226              1              2.69
-------------------------------------------------------------------------
(i) True width estimated at approximately 2/3 core length.

 

QA / QC

Kaminak’s disclosure of a technical or scientific nature in this press release has been reviewed and approved by Dr. Rob Carpenter, Ph.D., P.Geo., Kaminak’s President and CEO, who serves as a Qualified Person under the definition of National Instrument 43-101. Quality assurance and quality control procedures include the systematic insertion of blanks and standards into the drill core sample string. Samples are placed in sealed bags and shipped directly by charter plane to the ALS CHEMEX preparatory laboratory in Whitehorse prior to gold fire assay and ICP-MS analysis. The Coffee property is an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

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Pacific Ridge Drills New Yukon Gold Discovery: First Hole Intersects 2.44 Grams Per Tonne Gold Over 38.9 Metres at Mariposa in White Gold District

Posted by Admin in Drill Results, News Releases on July 28, 2011

Vancouver, B.C. – July 28, 2011 – Pacific Ridge Exploration Ltd. (TSX Venture: PEX) (the “Company”) reports that its first diamond drill hole has intersected 2.44 grams/tonne (g/t) gold over a 38.9 metre interval that includes 6.44 g/t gold over an 11.1 metre interval at its Mariposa Property in the Yukon’s White Gold District.
The initial objective of the Phase 1 drilling program is to test five gold-in-soil anomalies coincident with geophysical signatures indicating geological structures prospective for hosting gold mineralization. These exploration targets are contained within an approximate 21 square kilometre area within the overall 262 square kilometre Mariposa Property.

Currently, approximately 3300 metres have been drilled in 21 holes which have tested the Skookum Jim (12 holes), Maisy May (4 holes), Gertie (3 holes) and Hackly (2 holes) targets. Holes have been drilled to lengths ranging between 76 and 238 metres. Based on early exploration results, the Company has increased its initial 4,000 metre drilling program to 6,000 metres. This expanded program will continue to focus on untested gold anomalies within the Skookum Jim target.

Within the open-ended 3.5 kilometre-long Skookum Jim target, a total of 12 drill holes have been completed to date. The initial 9 drill holes of the program have tested a 500 metre long corridor of an area now referred to as ‘Skookum Main’. In 2010, gold-in-soil and trench results first detected gold anomalism along this part of the larger Skookum Jim trend. Approximately 1.5 kilometres to the west along this trend, another 3 widely spaced holes have been drilled in an area now referred to as ‘Skookum West’.

The following assay results have been received from partial intervals within 3 of 9 drill holes completed in the Skookum Main area. The lengths indicated are drilled intervals and do not necessarily represent true widths of mineralized sections. Additional drilling is warranted to assess the geometry of the intercepted structures.

Drill
hole 		Azimuth Dip From
(m) 		To
(m) 		Interval
(m) 		Weighted grade
(g/t gold)
11MP-01 180 -50 29.1 68.0 38.9 2.44
Contains     29.1 40.2 11.1 6.44
Including     32.9 35.0 2.1 26.58

Hole 11MP-01 was drilled under an interval in trench SJ-2 which returned 1.25 g/t gold over 30 metres. Additional results are pending for core samples from downhole lengths of 68 metres to end-of-hole at 237 metres.

Drill
hole 		Azimuth Dip From
(m) 		To
(m) 		Interval
(m) 		Weighted grade
(g/t gold)
11MP-05 180 -50 3.1 22.9 19.8 1.13
Including     19.9 22.9 3.0 2.79
and     22.9 70.5 no significant assays

Hole 11MP-05 was located 80 metres south of Hole 11MP-01 and was drilled under another interval in trench SJ-2 which returned 1.17 g/t gold over 10 metres. Additional results are pending for core samples from downhole lengths 70.5 metres to end-of-hole at 192 metres.

Drill hole Azimuth Dip From
(m) 		To
(m) 		Interval
(m) 		Weighted grade
(g/t gold)
11MP-06 180 -65 3.7 49.0 45.3 0.63
Includes     5.6 13.9 8.3 1.01
and     22.3 25.8 3.5 1.55

Drill hole 11MP-06 was drilled from the same location as 11MP-05 to undercut Hole 5. Additional results are pending from core samples from downhole depths of 61.6 metres to end-of-hole at 148 metres.

The geological setting for anomalous gold intercepts in the above reported drill holes (11MP-01, 05, and 06) appears to be within a 75 metre wide (drilled section), steeply dipping corridor of strongly limonitic fractures and breccias with local quartz veining. This brittle deformation cuts a diffuse contact zone between granodiorite and quartz-biotite gneiss, which have both been variably altered and cut by local pegmatite and quartz-feldspar +/- pyrite veinlets. The extent of this geologically favorable corridor is yet to be defined by both surface work and diamond drilling.

In summary, the Company is encouraged by drilling results received to date, that being based on partial analytical results from only 3 of 21 holes drilled. These results confirm the gold potential of the Mariposa Property. On-going results will be reported as received as the Mariposa drilling program continues.

Sampling methods and analytical procedures

Drill core is cut or split in half, with one half of each sample forwarded for analysis, and the remaining half archived on site. As part of the quality assurance-quality control (“QAQC”) program, a series of certified reference standard material, blank material and core duplicate samples are inserted into each batch. Samples are sent directly by air charter to the preparation facility of Inspectorate Exploration & Mining Services in Whitehorse, YT (“Inspectorate”), where they are crushed and pulverized to 85% passing 200 mesh. Coarse reject material from each sample remain stored with Inspectorate in Whitehorse, while the pulps were couriered to Inspectorate’s laboratory in Richmond, BC, Canada, which is ISO 9001:2008 certified.

Determinations for gold were completed on a 30g subsample subjected to fire assay, followed by an atomic absorption (“AA”) finish. Results are reported as ppb (parts per billion). Sample results exceeding 10,000 ppb gold are subjected to fire assay followed by a gravimetric finish. Results are reported as grams per tonne gold. An additional 30 elements were determined by sample digestion in an aqua regia solution and analysis by ICP-MS and ICP-ES. Mercury determinations were completed by cold vapour fusion.

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KAMINAK DRILLS HIGH-GRADE GOLD AT LATTE ZONE: NEW INTERCEPTS INCLUDE 9.6 G/T AU OVER 17M AND 17.4 G/T AU OVER 7M

Posted by Admin in Drill Results, News Releases on June 13, 2011

Kaminak Gold Corp. has released results from the first three diamond core holes drilled in 2011 at the Latte zone located on the company’s 100-per-cent-owned Coffee property in the White Gold district, Yukon Territory. These holes successfully extended the strike of mineralization an additional 100 metres toward the west beyond the extent of the gold-in-soil trend and intersected a wide high-grade zone over two successive drill sections.

Key drill results

 

CFD-078:  1.11 grams per tonne gold (g/t Au) over 44 metres starting from 226 metres

CFD-080:  2.83 g/t Au over 62 metres starting at a depth of 60 metres, including 17.36 g/t over seven metres

CFD-082:  9.61 g/t Au over 17 metres starting at a depth of 109 metres, including 24.50 g/t over three metres

 

Key point summary

 

  • CFD-080 and CFD-082 returned the highest-grade gold intersections to date at Latte: 9.6 g/t Au over 17 metres and 17.6 g/t Au over seven metres. The new high-grade zones at Latte represent a significant new style of mineralization.
  • CFD-078 and CFD-080 extended the updip and downdip continuity on the 2,950-metre east drill section. Mineralization is interpreted to commence from surface and remains open at 200 metres vertical depth.
  • CFD-082 extended the mineralized zone an additional 100 metres along strike beyond the western limit of the gold-in-soil anomaly. Two thousand ten and 2011 drilling at Latte has now established gold mineralization over a 700-metre strike length.
  • Presently, two diamond core drills are turning at Latte: one drill exploring along strike on 100-metre step-outs to the west and the other drill completing systematic drill fences and 100-metre step-outs along strike to the east.

 

“Drilling two of the highest-grade intervals to date and outside of the gold-in-soil anomaly are major milestones for the Coffee property,” stated Dr. Rob Carpenter, Kaminak’s president and chief executive officer. “This significant achievement by our technical team opens up the exploration potential of the Coffee property by allowing us to evaluate completely new target types elsewhere on the property.”

The Latte zone is associated with a regionally significant, east-west-trending structural corridor co-incident with a one-kilometre-long-by-100-metre-wide gold-in-soil anomaly. Drilling in 2010 intersected mineralization over a strike length of 600 metres with intercepts including 1.86 g/t over 70 metres and 1.83 g/t over 58 metres. The 2011 drilling program aims to extend the mineralization along strike and to depth.

The new high-grade mineralized zones, intersected over two successive drill sections located 100 metres apart, represent a highly significant new style of mineralization comprising both low-sulphide, intensely silica-altered schist in addition to high-sulphide grey-blue-to-white quartz vein breccias exhibiting crackle, mosaic and cockade to plumose textures. The high-grade intercept in CFD-082 (9.61 g/t over 17 metres) lies 100 metres beyond the western limit of the Latte gold-in-soil anomaly, thereby confirming that mineralization on the Latte structure is continuous to the west beneath five to 10 metres of overburden that obscures the detection of the zone at surface via traditional soil sampling. Geophysics and drill data suggest the Latte structure continues for at least another 800 metres to the west of the soil grid as demonstrated by a 2010 drill hole (CFD-061), located 800 metres to the west of CFD-082, which intersected 3.04 g/t over six metres.

Continuing drilling at Latte will continue to focus on extending the strike length and depth extent, with two diamond core drills currently drilling.

 

                                ASSAY RESULTS
                                                                    Weighted grade
Drill hole No.           From (m)      To (m)     Length (m)(i)              (g/t)

CFD-078                       175         180                 5               1.17
And                           191         194                 3               5.00
And                           226         270                44               1.11
CFD-080                         7           9                 2               7.29
And                            46          49                 3               2.79
And                            60         122                62               2.83
Including                      60          67                 7              17.36
CFD-082                        94          97                 3               3.19
And                           109         126                17               9.61
Including                     122         125                 3              24.50

(i) True width is estimated at 70 per to 100 per cent of core length.

 

A detailed plan map, cross-sections, assay sheet and photo montage of select core samples are available on the Kaminak website.

QA/QC

Kaminak’s disclosure of a technical or scientific nature in this press release has been reviewed and approved by Dr. Carpenter, PhD, PGeo, Kaminak’s president and chief executive officer, who serves as a qualified person under the definition of National Instrument 43-101. Quality assurance and quality control (QA/QC) procedures include the systematic insertion of blanks and standards into the drill core sample string. Samples are placed in sealed bags and shipped directly by charter plane to the ALS Chemex preparatory laboratory in Whitehorse prior to gold fire assay and ICP-MS analysis. The Coffee property is an early-stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

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Kaminak RC Drilling at Supremo Intersects Mineralization Across the T3, T4 and T5 Structural Zones:

Posted by Admin in Drill Results, News Releases on June 7, 2011

Vancouver, B.C. – Kaminak Gold Corporation (KAM: TSXV) today announced results from reverse circulation (RC) drilling completed to date on the Company’s Coffee Gold Project, located in the White Gold District, Yukon Territory. Assay results from 22 RC holes are reported here from the Supremo Zone.

Supremo is comprised of a 2km by 2km gold-in-soil anomaly, which hosts at least 7 parallel gold-bearing structures (named T1 to T7) that each extend along trend for several hundred metres. Diamond core drilling on the T3 structure in 2010 by Kaminak identified high-grade oxidized gold mineralization in widely-spaced drill holes. The primary objective of the ongoing RC drilling is to confirm the continuity of the 2010 results.

Key Point Summary:

  • Results confirm lateral and vertical continuity of the T3 structure. Key intercepts include: 2.5 g/t Au over 27m; 10.4 g/t Au over 6m; 6.1 g/t Au over 9m; 4.5 g/t Au over 16.8m and 2.3 g/t Au over 24m
     
  • Current drilling is focused on tracing the high-grade T3 structure along trend to the south where the most encouraging grades and widths have been encountered to date
     
  • Track-mounted RC drilling is proving to be an effective and cost efficient method of systematically testing widespread gold-in-soil anomalies. Kaminak is in the process of securing a second RC drill in addition to the current rig on-site
     
  • The 2011 exploration season at Coffee is now in full swing with a total of 4 drills currently turning, including three diamond drills and one RC drill. Diamond drills are now testing the Latte and Double Double Zones
     

Supremo Drill Summary

A total of 16 RC holes were drilled across a 100m strike length of the T3 structure (25m to 50m spaced sections) and an additional 6 RC holes tested select parts of the nearby T4 and T5 structures. All holes were drilled on a 270 degree azimuth (west facing) angled between 50 and 70 degrees. Soil geochemistry combined with 2010 drill results indicate the T3 structure is north-south trending and extends for at least 600m along trend.

The Supremo Zone is characterized by steep east -dipping, oxidized gold mineralization varying in true width from 5m to 30m. Overall, the results confirm the lateral and vertical continuity of the T3 structure along trend. Notably, holes from the most southerly sections (4500N and 4525N) consistently returned strong mineralized intervals down-dip to approximately 100m vertical. Sections drilled indicate that mineralization comes to surface and remains open at depth. For example, hole CFR-003 returned 2.5 g/t Au over 27m core length and the T3 mineralized zone remains open at 90m vertical.

Current drilling is focused on continuing follow-up drilling towards the south in order to explore the extent of this mineralization.

Assay Table

Drill Hole #
Zone
From
(m)
To
(m)
Length
(m)
Weighted Grade
(Au g/t)
CFR-001
T3*
36.88
53.64
16.76
4.51
 
 
 
 
 
 
CFR-002
T3*
52.12
79.55
27.43
2.36
 
 
 
 
 
 
CFR-003
T3
89.31
116.74
27.43
2.52
 
 
 
 
 
 
CFR-004
Above T3
17.07
18.59
1.52
1.06
 
 
 
 
 
 
CFR-005
T3
15.24
21.34
6.10
10.41
 
 
 
 
 
 
CFR-006
Abandoned T3
42.67
64.01
21.34
2.39
 
 
 
 
 
 
CFR-006A
T3
47.24
71.63
24.39
2.28
 
 
 
 
 
 
CFR-007
T3
78.94
94.18
15.24
2.04
 
 
 
 
 
 
CFR-008
T3
17.07
36.88
19.81
1.22
 
 
 
 
 
 
CFR-009
T3
41.15
50.29
9.14
6.12
And
 
65.53
70.10
4.57
4.85
 
 
 
 
 
 
CFR-010
Above T4
 
No
Significant
Results
 
 
 
 
 
 
CFR-011
T4
94.49
97.54
3.05
2.07
 
 
 
 
 
 
CFR-012
T4
24.38
36.58
12.2
1.39
 
 
 
 
 
 
CFR-013
T3
79.86
95.1
15.24
1.96
And
 
102.72
108.81
6.09
4.62
And
 
124.05
130.15
6.10
2.39
 
 
 
 
 
 
CFR-014
T3
24.08
25.60
1.52
1.41
And
 
92.66
98.76
6.10
0.82
 
 
 
 
 
 
CFR-015
 
 
No
Significant
Results
 
 
 
 
 
 
CFR-016
T3
109.73
121.92
12.19
1.98
And
 
129.54
149.35
19.81
1.54
 
 
 
 
 
 
CFR-017
 
88.39
91.44
3.05
0.78
 
 
 
 
 
 
CFR-018
T3
149.35
153.92
4.57
2.25
 
 
 
 
 
 
CFR-019
T5
13.72
25.91
12.19
2.95
 
 
 
 
 
 
CFR-020
T4
12.19
21.34
9.15
1.83
 
 
 
 
 
 
CFR-021
T4
36.58
70.1
33.52
1.28

*Holes CFR-001 and -002 were twins of diamond core holes drilled in 2010 (see details below).
Additional Notes: The RC drill rig utilizes 5ft rods, with one sample collected per rod length for assay. Rod length ‘From’ and ‘To’ depths are converted to metric to be consistent with other drill data within the Coffee Project Drill Database, thus each 5ft sample interval is calculated to be 1.52m length. All holes were drilled at -50° to -60° dip angle. True widths are estimated at 60-80% of drill intercept length.

Detailed plan maps, cross-sections, and assay sheets of RC holes at Supremo, including comparatives between twinned RC and diamond holes are available on the Kaminak website at www.kaminak.com

Reverse Circulation (RC) Drill Methods

Kaminak is employing a Northspan Explorations Ltd ‘Super Grasshopper’ track mounted RC drill rig with capacity to drill to 600ft depth. The mobile drill is proving highly effective at rapidly testing along strike of existing drill intercepts and beneath previously un-drilled soil and trench anomalies. The rig utilizes a centre sampling (face sampling) drill bit and auxiliary compressor and booster to deliver clean dry sample. All drill samples are passed through a riffle splitter to obtain a homogenized and representative 2-3kg sample for assay. Results of twinning (i.e. drilling immediately adjacent to) existing diamond core holes indicate that the RC method is of comparable quality to the core. The Company is therefore confident in the employment of RC drilling as a highly effective tool to compliment ongoing diamond core drilling over the Coffee Gold Project. Kaminak is currently seeking a second RC drill to add to the 2011 program in order to maximize the number of targets able to be drilled during this current field season.

QA/QC

Kaminak’s disclosure of a technical or scientific nature in this press release has been reviewed and approved by Dr. Rob Carpenter, Ph.D., P.Geo., Kaminak’s President and CEO, who serves as a Qualified Person under the definition of National Instrument 43-101. Quality assurance and quality control procedures include the systematic insertion of blanks and standards into the drill sample string. Samples are placed in sealed bags and shipped directly by charter plane to the ALS CHEMEX preparatory laboratory in Whitehorse prior to gold fire assay and ICP-MS analysis. The Coffee property is an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

On behalf of the Board of Directors of Kaminak

“Rob Carpenter”

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Northern Tiger Resources Announces Additional 3Ace Drill Results

Posted by Admin in Drill Results, News Releases on November 25, 2010

November 25, 2010: Northern Tiger Resources Inc. (“Northern Tiger” or the “Company”) (NTR: TSX-V) is pleased to announce that all assay results from the 9-hole, 1,240-metre diamond drill program at the 3Ace Property in the southeast Yukon have been received. In addition to the previously announced discovery holes in the Main Zone (including intercepts of 4.3 g/t gold over 30.3 metres and 14.8 g/t gold over 10.9 metres – see news release dated November 4, 2010), five of six holes collared in the Sleeping Giant Zone intersected significant mineralized structures, including:


Hole #

Interval
(m)

Width
(m)

Gold
(g/t)
3A-10-04

15.7 – 22.2

6.5

1.35
     Includes:

15.7 – 16.7

1.0

5.05
 

120.7 – 132.6

11.9

1.51
     Includes:

120.7 – 122.6

1.9

3.48
3A-10-05

15.5 – 20.3

4.8

1.05
 

140.5 – 141.4

0.9

1.68
3A-10-06

42.6 – 48.2

5.6

0.98
 

113.5 – 124.3

10.8

0.50
3A-10-07

62.8 – 63.8

1.0

1.25
3A-10-08

34.4 – 35.6

1.2

2.16

“Management is very pleased with the results of our initial exploration season at 3Ace. We outlined a number of compelling high grade gold targets in an area covering in excess of four square kilometres and drilled the first significant discovery holes in this area of the Yukon” says Greg Hayes, President of Northern Tiger. “We have substantially increased our land package, and believe these results warrant a much larger exploration and drill program in 2011.”

Six holes totaling 941 metres were collared at the Sleeping Giant Zone, with two holes collared at each of three sites at dips of -55° and -70° respectively, along a 180-metre portion of the known strike length of the zone. Holes 3A-10-04 and 3A-10-05, collared towards its southern limit, targeted the projected downdip extension of surface visible gold mineralization discovered earlier in 2010. Both holes returned auriferous intercepts at the expected target depths, including visible gold in Hole 3A-10-04, confirming the downdip extension of the zone.

Hole 3A-10-04 also returned an 11.9-m intercept from 120.7 – 132.6m, which included a 1.9-metre intercept grading 3.48 g/t gold (Au). This intercept, discovered from drilling and not yet located on surface, represents a new mineralized structure in the Sleeping Giant Zone area.

Holes 3A-10-06 and 3A-10-07, collared roughly 130 metres north-northwest, targeted the downdip extension of an area of high grade gold from surface chip sampling including 11.34 g/t across 6.0 metres. Both holes intersected the Sleeping Giant Vein. Hole 3A-10-06 returned a value of 0.98 g/t Au across the 5.6-metre vein intercept. Although Hole 3A-10-07 intersected the zone from 38.0 to 43.7m, it returned only moderately anomalous values, to a maximum of 0.50 g/t Au across 2.0m.

Hole 3A-10-06 also returned an auriferous zone returning 0.50 g/t Au across 10.8 metres, from 113.5 to 124.3m. This is roughly consistent with the new zone encountered in Hole 3A-10-04, which has not been identified on surface.

Holes 3A-10-08 and 3A-10-09 were collared about 60 metres northwest of Holes 3A-10-06 and 3A-10-07, on the west side of the vein, and drilled to the southeast. Hole 3A-10-08 intersected the vein from 45.55 to 52.5m, returning only moderately anomalous values to 0.30 g/t across 1.5m, although a higher grade intercept of 2.16 g/t Au across 1.2m was returned from 34.4 to 35.6m. Although no significant intercepts were returned from Hole 3A-10-09, numerous anomalous gold values were returned from several intercepts throughout the hole.

This drilling program revealed that the Sleeping Giant consistently occurs as a very gently east-dipping zone roughly six metres in width along the 180-metre drilled portion of its strike extent. Results of metallic screen fire assay (MSFA) analysis and of duplicate core sampling revealed that a strong “coarse gold” effect exists. Drill results, combined with surface sampling, also suggest that high grade gold mineralization may be specific to certain portions of the zone. Further detailed structural analysis, combining results from detailed surface mapping and core logging, are planned to improve the understanding of the structural controls of the Sleeping Giant Zone, as well as other significant gold zones within the 3Ace property.

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KAMINAK DRILLING AT AMERICANO YIELDS NEW GOLD DISCOVERY OF 2.36 G/T AU OVER 18M AND STEP-OUT HOLE SUCCESSFULLY INTERSECTS LATTE GOLD ZONE 900M ALONG TREND FROM KNOWN MINERALIZATION

Posted by Admin in Drill Results, News Releases on November 18, 2010

Kaminak Gold Corp. is providing drill results from widely spaced exploration holes from the Americano and Espresso gold-in-soil trends, as well as assays from Latte zone step-out drilling, all of which occur on the company’s 100-per-cent-owned Coffee property, located in the White Gold district, Yukon Territory. All zones begin at surface and remain open along trend and at depth.

Key points summary:

 

  • Nine of the 10 holes drilled at Americano successfully intersected gold mineralization. Key intercepts include 2.36 grams per tonne Au over 18 metres from CFD-64 and 6.53 g/t Au over three m from CFD-55.
  • The discoveries at Americano and at the previously announced Kona zone are both hosted in granites, the primary host rock in the western and southern portion of the Coffee property. The gold-bearing potential of these rocks has been validated and will be a key focus of next year’s program.
  • Latte extension (B52 zone) drill hole CFD-61 successfully intersected rocks correlated with the Latte shear zone and extends the Latte zone 900 m to the west. Highlights include 3.04 g/t Au over six m including a high-grade interval of 10.25 g/t Au over one m.

 

“Our 2010 drill program was the first-ever drilling on the Coffee property, and we successfully intersected significant near-surface gold over a distance exceeding 10 kilometres, resulting in a half-dozen bona fide gold discoveries,” stated Rob Carpenter, Kaminak’s president and chief executive officer. “Our exploration philosophy of drilling below high-quality gold-in-soil anomalies is delivering results, and with only 10 per cent of the property systematically soil sampled, we expect to continue to generate additional gold targets.”

Americano and Espresso zones

The Americano area is underlain by granite and comprises two parallel northeast-trending linear gold-in-soil trends totalling over four kilometres in length. These two trends become linked to the east by a north-by-northeast-trending gold-in-soil anomaly informally known as the Americano link structure. This link structure is at least 700 m long. A total of 10 widely spaced holes were drilled at Americano in order to test for the presence of steeply dipping gold-bearing brittle structures analogous to the nearby Kona gold zone where CFD-53 returned 2.2 g/t Au over 57 m.

Nine of the 10 holes drilled at Americano successfully intersected gold mineralization hosted in sulphidic and clay-altered brittle fault zones crosscutting granite. Notable intercepts occur in the north-by-northeast-trending link structure where four holes were drilled over 300 m. All four holes intersected significant gold mineralization including 2.36 g/t Au over 18 m from CFD-64 and 6.5 g/t Au over three m from CFD-55. Gold zones at the link structure remain open at depth and along trend. The interpreted length of the entire gold-in-soil trend at the Americano link area exceeds 700 m.

Three holes were drilled into the Espresso gold-in-soil trend located approximately one kilometre south of the Americano link structure and 1.5 kilometres southeast of the Kona gold zone discovered earlier in 2010. Two of the three holes successfully intersected gold-bearing granitic host rocks characterized by clay and sulphide alteration including CFD-70 that yielded 1.36 g/t Au over eight metres.

Latte extension (B52 zone)

Initial drilling at the Latte zone by Kaminak in 2010 successfully intersected gold mineralization in all 17 holes over a strike length of at least 600 m. Ground magnetic data acquired over the Coffee property suggest the main structural feature that hosts gold mineralization at the Latte zone extends well beyond the limit of drilling in 2010. To test this theory, Kaminak drilled a wildcat step-out exploration hole 900 m west of the Latte zone in order to intercept the projected extension of the Latte gold mineralization in a region informally labelled the B52 zone.

Drill hole CFD-61 was drilled to the north at a minus-50-degree angle and successfully intersected rocks correlated with the Latte shear zone located 900 m to the east. Three discrete gold zones were intersected over a core length of approximately 32 m (starting at 85 m depth). Highlights include 3.04 g/t Au over six m including a high-grade interval of 10.25 g/t Au over one m. Mineralization is interpreted to occur within an east-west-trending and steep south-dipping shear zone structure believed to be the extension of the Latte gold structure. This result confirms that the gold-bearing structure at Latte continues well beyond the limits of Kaminak’s 2010 drilling and future exploration work in this area will focus on expanding these zones.

 

                                DRILL RESULTS

                                                             Weighted grade
Hole ID            Zone   From (m)   To (m)  Length (m)(i)            (g/t)

CFD-55        Americano          9       11              2             2.76
                                65       78             13             1.87
incl.                           75       78              3             6.53
CFD-56        Americano         21       26              5             1.55
CFD-58        Americano         35       37              2             1.65
                               120      122              2             6.50
CFD-59        Americano         29       49             20             1.02
                                70       77              7             1.48
CFD-61        B52               85       88              3             1.09
                               101      103              2             1.09
                               111      117              6             3.04
incl.                          113      114              1            10.25
CFD-62        Americano         38       42              4             2.42
CFD-63        Americano         49       85             36             0.92
incl.                           61       73             12             1.43
CFD-64        Americano        150      168             18             2.36
incl.                          155      156              1             11.1
CFD-66        Americano                               No significant values
CFD-68        Americano       3.87        6           2.13             1.28
CFD-70        Espresso         179      187              8             1.36
CFD-72        Espresso                                No significant values
CFD-74        Espresso           6        8              2             2.29
CFD-76        Americano         68       71              3             2.24
                                78       80              2             1.73
                               124      129              5             2.18

(i) True widths are estimated at 50 per cent to 70 per cent of core length.

 

Detailed plan maps, cross-sections and assay sheets of Americano, Espresso and Latte extension holes are available on the Kaminak website.

Quality assurance/quality control

Kaminak’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Dr. Carpenter, PhD, PGeo, who serves as a qualified person under the definition of National Instrument 43-101. Quality assurance and quality control procedures include the systematic insertion of blanks and standards into the drill core sample string. Samples are placed in sealed bags and shipped directly by charter plane to the ALS Chemex preparatory laboratory in Whitehorse prior to gold fire assay and ICP-MS analysis. The Coffee property is an early-stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

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STINA CONFIRMS SIGNIFICANT NEW DISCOVERY IN WHITE GOLD DISTRICT

Posted by Admin in Drill Results, News Releases on November 9, 2010

Stina Resources Ltd. has received and compiled analytical results from the 2010 soil sampling, trenching and diamond drilling programs. The core diamond drill program was conducted in September, 2010, and included five core drill holes totalling 657 metres on the Dime gold property, confirming it as a very significant new gold discovery in the White gold district, north of the Kinross (Underworld) Golden Saddle and Kaminak Coffee properties.

Drilling highlights include DDH-10-04 which returned 32 metres of 0.71 grams per tonne Au from 59.90 to 92.00 metres, including 9.6 m of 1.1 gm/t Au between 59.90 to 69.50 metres. Additionally, DDH-10-03 intersected 1.5 m of 4.15 gm/t Au from 58.5 to 60.0 m depth.

Holes DDH-10-03 and 04 were collared over trench 04, which returned 0.168 gm/t Au over 30 metres from continuous five m trench samples in August.

Grid auger soil sampling on 50 m by 100 m line spacing outlined significant gold-in-soil anomalies on the West, Central and East soil anomalies. Follow-up trenching (1,125 m in nine trenches) confirmed the soil results from anomalies with better results. Infill soil sampling on 25 m by 50 m grid spacing on the East anomaly confirmed prior results and identified additional areas for further trenching and drilling. These results were received while the drilling program was under way and have not yet been followed up on.

In September the five-hole 625 m drill program from three separate drill pads was completed, with four holes drilled on the Western gold soil anomaly and one hole on the new large 1.2-kilometre by 1.2-kilometre East gold soil anomaly located 2.5 km to the east. All holes intersected significantly anomalous gold. Core samples were collected over 1.5 m intervals and were processed and analyzed by Acme Analytical Labs.

Drill hole locations can be viewed at www.stinaresources.com/drillmap2010.jpg

Drill holes DDH-10-01 to DDH10-04 were drilled from two drill pads 185 metres apart on the West anomaly and intersected a brecciated and silicified east-west-trending fault zone with up to 5 per cent pyrite. The fault breccias display multiple episodes of quartz veining and brecciation and have now been traced for over 185 metres between holes DDH-10-01 and DDH-10-04.

DDH-10-03 and DDH-10-04 was collared over trench 4, and were both drilled at azimuth 20 degrees at 50 degrees and 75 degrees declinations respectively. DDH-10-03 intersected 1.5 m of 4.15 gm/t Au from 58.5 to 60.0 m depth. DDH-10-04 intersected 32 m of 0.71 gm/t Au including 9.6 m of 1.1 gm/t Au between 59.90 and 69.50 m depth.

A late infill detail soil sampling program over the Central and East (600 soils) soil anomaly (with values up to 885 parts per billion Au, 5,246 ppb As) was completed after the phase 2 trenching program. The infill soil sampling program will help the company to vector into the newly outlined gold zones during the 2011 trenching and drilling program.

The Dime gold property is a significant new discovery in the White gold district that warrants further exploration work. Stina is pleased with the results of the 2010 Dime exploration program, and will be planning an airborne magnetic and radiometric survey over the 308-claim block, along with additional trenching and core drilling in 2011. Stina considers these initial core drilling results as the start of a major exploration program on the property, and which will be key in establishing 2011 drill targets. Further details regarding the 2011 Dime and Kodiak programs will be announced in the near future.

 

                2010 DIME GOLD PROPERTY DRILLING RESULTS

                    From          To   Interval (m)   Grade (gm/t Au)

DDH-10-01           2.50       42.50        40.0 m      0.28 gm/t Au
Includes           17.00       18.50         1.5 m      1.35 gm/t Au
and                17.00       41.00        24.0 m      0.33 gm/t Au
DDH-10-01          51.50       64.00        13.0 m      0.25 gm/t Au
DDH-10-02          23.00       40.50        17.5 m     0.150 gm/t Au
DDH10-03           58.50       73.30        14.8 m     0.568 gm/t Au
Includes           58.50       60.00         1.5 m      4.15 gm/t Au
DDH-10-04          59.90       92.00        32.0 m      0.71 gm/t Au
Includes           59.90       69.50         9.6 m       1.1 gm/t Au
DDH-10-05           6.10       28.50        22.0 m     0.164 gm/t Au
Includes           21.75       22.50        0.75 m     0.726 gm/t Au

 

There has been insufficient exploration to define a mineral resource on the Dime property, and it is uncertain as to whether, or not, further exploration will result in the discovery of a mineral resource on the property. Al Doherty of Whitehorse, Yukon, is a designated qualified person acting for the company and assisted in the preparation of this news release.

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NORTHERN TIGER RESOURCES MAKES TWO SEPARATE PRECIOUS METAL DISCOVERIES AT SONORA GULCH, YUKON

Posted by Admin in Drill Results, News Releases on October 28, 2010

Northern Tiger Resources Inc. has received all assays from drill programs at the Sonora Gulch and DAD properties. Highlights include two drill hole discoveries of gold mineralization in areas not previously drilled by the company. In addition, long intercepts of anomalous copper and molybdenum were intersected in porphyry-style alteration that further demonstrates the property’s porphyry potential.

 

                                     Width  Gold  Silver  Copper Molybdenum
             Hole No.   Interval (m)    (m) (g/t)   (g/t)   (ppm)      (ppm)
Gold
intercepts   SG-10-53 194.5 - 210.5   16.0   1.9     6.1     255         13
             SG-10-55 115.0 - 121.0    6.0   7.6   155.5     548          4
Copper/moly
intercepts   SG-10-51   0.0 - 288.0  288.0     -     0.8     245         19
             SG-10-53 146.5 - 176.5   30.0     -     1.6     802         88
             SG-10-54    7.0 - 95.0   88.0     -     0.9     313         13
             SG-10-56 205.0 - 283.0   78.0     -     0.9     403         24

 

“We are very pleased that Northern Tiger’s exploration team has discovered significant gold mineralization in two separate areas that were not previously drilled. These new drill hole discoveries demonstrate the significant potential for discovery of gold mineralization within the nine-square-kilometre gold-in-soil anomaly NTR has outlined on the property,” says Greg Hayes, president of Northern Tiger. “The identification of characteristic porphyry alteration assemblages combined with sizeable intercepts of anomalous copper and molybdenum has also met the primary objective of the 2010 drill program and demonstrates that a porphyry copper-gold-molybdenum system is at the heart of Sonora Gulch’s mineralization. Our very first and modest drill program to look at the project’s porphyry potential is encouraging. We have demonstrated potential for two separate but related exploration targets and we are analyzing results to define potential ore-grade base metal and precious metal targets.”

Northern Tiger owns 100 per cent of the Sonora Gulch project, which is located in the central Yukon’s Dawson range. Twelve diamond drill holes totalling 2,875 metres were collared in 2010. Two of the 12 holes were abandoned at shallow depths due to difficult drilling conditions. The program was primarily designed to test for the presence of a porphyry copper-gold-molybdenum system as suggested by surface geochemical exploration results. Two of the 12 holes also intersected significant gold mineralization.

Previous work by Northern Tiger has outlined an east-to-west nine-square-kilometre (six km by 1.5 km)-striking soil anomaly defined by anomalous gold and silver plus/minus arsenic, antimony, bismuth and tellurium located around a central zone of anomalous copper and molybdenum (2 km by one km). Within this area a characteristic progression of increasing alteration was noted. Propylitic alteration (epidote, chlorite, calcite) and argillic alteration (illite, muscovite, kaolinite) is associated with the gold anomalies. Phyllic (quartz, sericite, pyrite) alteration is progressively stronger toward the inner copper and molybdenum soil anomalies. The majority of the holes drilled in 2010 cored well-developed alteration and some mineralization (5 to 25 per cent pyrite plus/minus base and precious metals) hosted by Wolverine Creek meta-volcanic and meta-sedimentary rocks. Deeper holes within the porphyry target area intersected patches of moderate to strong potassic alteration (feldspar, biotite/phlogopite, chlorite, gypsum) and skarn mineralization. Variable amounts of quartz veining and fracture controlled chalcopyrite and molybdenite mineralization, typical of porphyry copper mineralization, were also noted in many holes.

A number of the drill holes targeted anomalies identified by a deep-penetrating geophysical survey done by Quantec Geosciences Ltd. and also tested radiometric and magnetic targets identified from a 2009 airborne geophysical survey. Quantec recommended a total of 29 drill holes (including 14 high-priority holes) to test chargeability anomalies identified by the Titan 24 survey. Due to the relatively modest size of drill program versus the large number of promising targets, and logistical limitations of using a skid-mounted drill, only five of the recommended Titan 24 chargeability targets were drill tested in the 2010 drill program. The balance will be considered for drilling in 2011. The two new gold discoveries are also obvious targets for further follow-up.

A location map and table of the drill results are available at the company’s website.

DAD project

A two-hole (404-metre) diamond drilling program was completed on the DAD property to test an induced polarization anomaly coincident with a copper-in-soil geochemical anomaly. The holes cored short lengths of the target Granite Mountain batholith (host to the Minto copper-gold deposits) before intersecting an underlying sequence of pyrite-rich meta-sedimentary rocks. This unit — which is interpreted to be the source of the chargeability anomaly — is not mapped on the surface in the area, either locally or regionally. Copper values up to 363 parts per million and gold up to 103 parts per billion were returned over short intervals. The company is reassessing this target.

3Ace project

The diamond drill program planned for the 3Ace project has been completed with three holes collared into the Main zone and six holes into the Sleeping Giant zone for a total 1,240 metres. All nine holes intercepted the target quartz vein structures and also revealed additional smaller but discrete quartz veins filling the intensely fractured, quartz-flooded host rocks. This is a feature not noted in surface mapping, probably due to the poor bedrock exposure. All drill core has been shipped to Whitehorse where it is being logged and split for assay. Initial assay results are expected soon and it is the company’s intention to release them in two separate batches, one for the Main zone and one for the Sleeping Giant zone.

This news release has been reviewed and approved by Dennis Ouellette, BSc, PGeol, a qualified person as defined by National Instrument 43-101. Samples from Sonora Gulch were analyzed by ALS Chemex of North Vancouver, B.C., Canada, using 50-gram fire assay and 35-element ICP analysis. Samples from 3Ace were analyzed by Inspectorate America Corporation of Richmond, B.C., using 50-gram fire assay and 50-element, four-acid ICP analysis. Samples returning in excess of 30 grams per tonne gold are also sent for metallic screen fire assay testing.

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KAMINAK DRILLS FOURTH GOLD DISCOVERY ON THE COFFEE PROPERTY: KONA DRILLING YIELDS SEPARATE ZONES OF 2.2 G/T AU OVER 57M AND 1.9 G/T AU OVER 23M

Posted by Admin in Drill Results, News Releases on October 12, 2010

Kaminak Gold Corp. has released results from the fourth significant drill discovery on the company’s 100-per-cent-owned Coffee property, located in the White Gold district, Yukon Territory. The Kona zone occurs three kilometres west of the Latte zone and is defined by a strong, linear gold-in-soil anomaly traceable for at least two kilometres through granite. Three holes were drilled into the Kona target and each intersected gold mineralization. All zones begin at surface and remain open along trend and at depth.

Key point summary:

 

  • New gold zone discovered on the Coffee property known as Kona, where drilling intersected two separate gold zones grading 2.2 grams per tonne gold over 57 metres and 1.9 g/t Au over 23 metres, respectively;
  • Gold grades as high as 28 g/t Au over two metres;
  • Total strike length of untested Kona gold-in-soil trend exceeds two kilometres;
  • Mineralization at Kona is associated with a regional-scale east-northeast-trending structural corridor which also trends through the nearby Espresso anomaly;
  • Alteration and sulphide/oxide characteristics at Kona are similar to those at other known gold occurrences at Coffee, suggesting a common mineralizing event;
  • Assays are pending for drilling on the nearby Americano and Espresso targets, as well as additional holes from the Supremo-Latte area;
  • On Wednesday, Oct. 13 at 12:45 p.m. Pacific Time, Rob Carpenter, Kaminak’s president and chief executive officer, will be presenting the Coffee gold project discoveries to the Vancouver Mineral Exploration Group (MEG). For those who cannot attend this industry event, the presentation will be aired live through a webcast. To view the event, please visit the Kaminak website on the designated date and time and click on the link on the home page.

 

“We have now successfully intersected four major gold zones on the Coffee property over a total distance exceeding five kilometres. These results clearly establish potential for Coffee to become a significant gold camp,” stated Mr. Carpenter. “Kaminak has started to plan a much larger exploration program for 2011 and details will be announced once all results from 2010 are processed.”

Kona zone

Drill testing the extensive gold-in-soil anomalies at Kona has yielded a new gold mineralizing environment in the Coffee exploration camp (that is, granite hosted). Gold mineralization is hosted in near-vertical brittle structural zones that are co-incident with overlying gold-in-soil anomalies. Drill holes CFD-51 and CFD-53 were drilled from the same set-up at minus 50 and minus 70 degree angles, respectively, and both holes intersected two separate gold zones which are interpreted as steeply dipping zones within the host structure.

The granite that underlies the Kona area is equigranular, non-magnetic and composed of plagioclase, K-feldspar, quartz, biotite and hornblende. Alteration typically consists of clay, sericite and limonite. The limonite yields downhole to coarsely banded sporadic limonite-pyrite transition material to deeper pyrite-dominant rocks at approximately 110 metres. Thus the depth of oxidation is approximately 110 metres (downhole). Sulphides are dominated by pyrite, which commonly replaces mafic minerals, and also occurs as veins/veinlets or fracture fill, and in sulphidic-matrix fault breccias.

 

                    KONA DRILL RESULTS

                                                    Weighted
                                           Length      grade
Drill hole No.  Zone   From (m)   To (m)      (m)      (g/t)

CFD-46          Kona         56       59        3       1.21
                            113      118        5       1.87
CFD-51          Kona          9       34       25       0.47
and                          67       85       18       1.05
CFD-53          Kona       3.25       60    56.75       2.21
incl                         40       60       20       4.51
incl                         41       43        2      28.45
and                         156      179       23       1.92

Note: True widths are estimated at 50 per cent to 70 per
      cent of core length.

 

A total of six holes were also completed on regional targets located north and east of Kona. This drilling targeted a regional-scale, northwest-trending shear zone interpreted as a possible extension of the Latte shear zone located three kilometres to the southeast. Drilling successfully intersected highly deformed and altered shear zone rocks that separate granite to the south from schist/gneiss to the north. Gold values (one to three g/t Au) were obtained in four of the six holes thereby confirming the gold potential of the Latte structure well beyond the previously known limits.

Detailed plan maps, cross-sections and assay sheets of Kona and the regional holes as well as a photo montage of select core samples are available on the Kaminak website at www.kaminak.com.

Kaminak’s disclosure of a technical or scientific nature in this press release has been reviewed and approved by Dr. Rob Carpenter, Ph.D., P.Geo., Kaminak’s President and CEO, who serves as a Qualified Person under the definition of National Instrument 43-101.

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