Archive for category Field Work

Kaminak Identifies New “Granite-Hosted” Style of Gold Mineralization on the Coffee Property: Additional 284 Claims Staked to Cover Priority Targets

Kaminak Gold is pleased to announce final 2009 assays from the Company’s 100% owned Coffee Property. Results reported here are from the Kona and Espresso Zones and are in addition to high-grade trench results previously released from the Supremo and Latte Zones. Gold mineralization at the Kona and Espresso Zones is hosted by Cretaceous-aged granite, representing a new host rock to mineralization in the White Gold District. Until now, mineralization in the White Gold District was thought to be hosted entirely by much older Paleozoic gneissic and schistose rocks. Based on this work, Kaminak has acquired by staking additional Cretaceous granite hosted targets within the district.

Key Results:

  • Kona trend grab samples yield up to 3.9 g/t Au within newly recognized host rock (Cretaceous-aged Coffee Creek granite)
  • New staking adds 284 claims (5,500 hectares) covering high-priority targets. Coffee property now totals 993 claims (19,900 hectares)
  • Espresso trend extended and remains open: soil values up to 1.04 g/t Au

“Our 2009 exploration program successfully defined four significant gold trends on the Coffee property over a total length of 11km,” stated Rob Carpenter, President and CEO of Kaminak. “We have only covered approximately 20% of the property with soil sampling and anticipate completing a significant soil sampling and trenching program next year in addition to diamond drilling “.

Kona Trend

The Kona Trend, 5km west of the high-grade Supremo Zone, comprises a northeast trending >50 ppb Au soil anomaly traceable for over 1,500m along strike and up to 500m wide. Updated maps are now available on the Company website at www.kaminak.com. A series of anomalous grab samples were obtained along the southern margin of the target, ranging from 0.19 g/t Au to 3.92 g/t Au. The area has not been trenched since results were received subsequent to the field season.

Geological mapping has confirmed that the mineralization is hosted by the Coffee Creek granite, which is inferred to be Cretaceous in age, representing a new host to gold mineralization in the White Gold District. Kaminak has staked an additional 284 claims covering the known extent of the Coffee Creek granite.

Espresso Trend

The Espresso target, 1km west of the Kona trend, was identified late in the summer of 2009 and constitutes a broadly northeast trending > 25 ppb Au soil anomaly traceable for 1200 meters by 750 meters that is open to the west. The 2010 program will target the western portion of the soil anomaly, not trenched in 2009, containing two soil values of 1.04 g/t Au and 0.72 g/t Au.

Anomalous gold values on the Coffee property are associated with heavily bleached and weathered rock comprised primarily of sericite and quartz. The host rock is heavily altered; however, a progression from fresh rock can be observed within the trenches. There also seems to be a correlation between high gold values and several pathfinder elements, including arsenic (As) and antimony (Sb). Overall, gold values for 100 total rock samples reported here ranged from below detection level to a high of 3.9 g/t Au. Trench sampling consisted of continuous chip samples over 5m intervals of oxidized and weathered rubble sub-crop that is interpreted as being near in-place.

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. Rock samples were shipped to Acme Laboratories of Vancouver, B.C. for analyses. Certified reference materials are inserted into the batch and results were verified by a British Columbia Certified Assayer. The Coffee property represents an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

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Kaminak Announces Surface Gold Discoveries from the Newly-Recognized Latte Trend; Coffee Property

Kaminak Gold is pleased to announce additional trench assays from the Company’s 100% owned Coffee Property located in the Yukon White Gold District. Results reported here are from the newly-recognized Latte Zone and are in addition to high-grade trench results previously released from the Supremo Zone. The Latte Zone is located approximately 1.5km south of Supremo and represents a separate mineralized target which exhibits similar geological characteristics as other known gold discoveries in the White District.

Key Results:

  • Latte trend yields 0.59 g/t Au over 35m (open to the south); 1.01 g/t Au over 10m and grab samples up to 2.35 g/t Au
  • Mineralization encountered over 300m strike length and remains open along trend and is hosted within a larger and untested gold-in-soil trend (Latte) known to extend for at least 1,000m long by up to 200m wide
  • Gold is co-incident with a major structural trend and is associated with typical “White District” pathfinder elements arsenic (As) and antimony (Sb)
  • 2009 soil sampling identifies new 700m long untested gold-in-soil anomaly uncovered between Supremo and Latte Zones

“The Latte Zone represents the second significant surface gold discovery identified on the Coffee property this year,” stated Rob Carpenter, President and CEO of Kaminak. “These results illustrate the potential of the property to host multiple drill targets for 2010.”

Latte Trend

The Latte gold-in-soil anomaly is located approximately 1,500m south of the main Supremo Zone and is defined by an east-west trending >50 ppb Au soil anomaly that has a 1,000m long strike extent and is 200m wide.  Three evenly spaced trenches were cut across a 250m long portion of the anomaly and significant gold results were encountered in each trench (visit Company’s website at www.kaminak.com for maps).  The most westerly trench yielded 1.01 g/t Au over 10m and a separate zone of 0.56 g/t Au over 15m while the central trench yielded 0.59 g/t Au over 35m. The easterly trench yielded 0.60 g/t Au over 10m. Additionally, a grab sample located 90m further east assayed 2.35 g/t Au. These assays confirm the potential for broad zones of mineralization at the Latte target and exploration in 2010 is expected to include additional trenching and drilling.

New Soil Trend Identified

Soil sampling has identified a previously unknown gold-in-soil anomaly located midway between the Supremo and Latte trends. This new anomaly measures at least 700m long (open to the west) and is defined by gold-in-soil values ranging from 33 ppb Au to a high of 84 ppb Au. No trenching has been completed on this target as of yet; however it appears to spatially separate from both the Supremo and Latte Zones. Evaluating the gold potential of this new trend will be a priority during the 2010 exploration program.

Anomalous gold values on the Coffee property are associated with heavily bleached and weathered rock comprised primarily of sericite and quartz. This host rock is heavily altered; however, a progression from fresh rock can be observed within the trenches. There also seems to be a correlation between high gold values and several pathfinder elements, including arsenic (As) and antimony (Sb). Overall, gold values for 34 total samples reported here ranged from below detection level to a high of 2.35 g/t Au. Trench sampling consisted of continuous chip samples over 5m intervals of oxidized and weathered rubble sub-crop that is interpreted as being near in-place.

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Alix and Cloudbreak do an Airborne Survey in the Yukon

Alix Resources Corp. and Cloudbreak Resources Ltd. have contracted Precision GeoSurveys Inc. of Vancouver, B.C., to conduct a low-level, multisensor airborne geophysical survey over the 25 recently acquired Yukon “Strike” gold claims. The property will be flown at 100-metre spacings for survey lines and 1,000-metre spacings for tie lines.

A high-sensitivity magnetometer system will assist in interpreting bedrock units, structure and alteration. The radiometric system will consist of a multichannel spectrometer with state-of-the-art design to map rock units and alteration patterns.

The companies are also awaiting results from the lab on approximately 2,000 samples taken from various locations on the companies’ more than 300 claim blocks in the White Gold area.

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Kaminak Announces Trench Results, Plans for Drilling

Kaminak Gold Corp. has released new chip sample/trenching results from the Supremo gold-in-soil anomaly on the company’s 100-per-cent-owned Coffee property. Additional trench results from the Latte, Kona and Espresso gold-in-soil anomalies will be available in the coming weeks. Management has also approved plans for a minimum 5,000-metre phase one diamond drill program scheduled to begin in the spring/summer of 2010. This will be the first-ever drill program on the Coffee property and can be financed through Kaminak’s existing treasury.

Supremo trench results

Results are presented here from follow-up crosscut trenching that was completed near trench No. 3 where a previous result of 2.3 grams per tonne gold over 21 metres was obtained. This earlier result was from an east-west-trending shallow trench. Two new north-south-trending trenches six metres apart from one another were dug directly on top of the original east-west trench in hopes of expanding the known extent of the mineralization. Results include 11.72 grams per tonne gold over 10 metres from one trench and 8.56 grams per tonne gold over 15 metres from the other trench. Both of these high-grade results begin right next to the original trench and extend northerly.

The significance of these results is simplified on a sketch map available on the company website. The true width or extent of this zone is not fully known partially due to the oxidized and rubbly nature of the trench material, but it appears to have a roughly east-to-northeast trend. These new data have identified high-grade gold in rock as well as successfully extending the known area of mineralization in the trench No. 3 area.

A separate interval of 1.76 grams per tonne gold over 25 metres was uncovered from trench No. 2, approximately 100 metres from trench No. 3. The relationship between these occurrences is being investigated; however, initial observations suggest they are separate geological targets possibly hosted by a series of stacked structurally controlled zones.

These represent the final assays from the 2009 trenching program at the Supremo target. This program successfully identified several drill targets in addition to the results discussed in this release from trenches No. 2 and No. 3. Other notable targets include trench No. 6 (11.45 grams per tonne gold over five metres), trench No. 8 (1.37 grams per tonne gold over 30 metres) and trench No. 4 (0.53 gram per tonne gold over 45 metres). Additional trench results are pending from the Latte, Espresso and Kona targets and will be released in the coming weeks. Phase one drilling in 2010 will focus on evaluating priority targets from across the property and will be designed to test shallow, near-surface targets.

Anomalous gold values in the Supremo region are associated with heavily bleached and weathered rock comprising primarily sericite and quartz. This host rock is heavily altered; however, a progression from fresh felsic gneiss can be observed within the trenches. There also seems to be a correlation between high gold values and several pathfinder elements, including arsenic (As) and antimony (Sb). Over all, gold values for 25 total samples reported here ranged from below detection level to a high of 13.79 grams per tonne gold. Sampling consisted of continuous chip samples over five-metre intervals of oxidized and weathered rubble subcrop that is interpreted as being near in place.

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Habanero Resources Begins Work in Yukon

Habanero Resources Inc. has commenced work on its 100-per-cent-owned Yukon gold prospect. Habanero has hired Equity Exploration Consultants Ltd. to oversee the program. Habanero has over 18,000 acres in the region of the White and Yukon Rivers with approximately 13,000 contiguous acres bordering Underworld Resources. Underworld announced significant results returning grades of 3.94 grams per tonne gold over 59.9 metres and 3.59 grams per tonne gold over 98.3 metres.

Jason Gigliotti, president of Habanero Resources, stated: “This is the first work program that Habanero has been involved with in more than two years. It is exciting to get under way on this gold prospect at a time of near all-time-high gold prices. Not only is a work program on our Yukon gold prospect now under way, but we have also been very actively acquiring approximately 650,000 contiguous acres of land prospective for lithium.”

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Ashburton Ventures Finds 600+ Metre Gold Anomaly in White Gold District

Ashburton Ventures Inc. has released the results from the late July soil sampling program on its Valley prospect in the Yukon near Underworld’s White Gold property. The Ashburton claims are adjacent to ground held by Underworld and 10 kilometres north-northeast of the company’s Golden Saddle discovery.

Reconnaissance soil lines were surveyed across the Valley project area with samples collected every 50 metres on lines spaced 300 metres apart. The lines roughly paralleled the dominant trend of the geography while crosscutting the dominant trend of the geology. Multiple gold soil anomalies, apparently paralleling the mapped geology, were detected on three adjacent soil lines with analyses ranging up to 90 parts per billion gold.

A second phase of soil sampling has been initiated at the Valley prospect to triple the sampling density to 50-metre centres on lines spaced 100 metres apart in the areas of the anomalies. Samples will be collected from eight new lines with the intention of better delineating and hopefully expanding on the 600 metres plus of apparent strike already identified by the anomalous samples.

Pending results of the follow-up soil sampling, a trenching program followed by a drill program are anticipated for next spring.

Work on the Ashburton ground is being directed by Dr. David Hedderly-Smith, PhD, PG. Dr. Hedderly-Smith has done work in similarly aged rocks in east-central Alaska, 100 kilometres to the northwest, off and on since the 1970s, and is a qualified person as defined by National Instrument 43-101. He has approved the information in this press release.

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Stina Completes Work Program, Awaiting Results

Stina Resources  is pleased to announce that it has completed a work program on the Kodiak property in the Dawson Mining District of the Yukon Territory. The Kodiak property claim block consists of 152 claims covering 30 square kilometres or 6400 acres and ties on to the southern side of Underworld White Gold Property. The Kodiak claim block also straddles Thistle creek which was the richest placer gold-producing creek in the area given up more than 63,000 ounces of placer gold since the turn of the century.

The recently completed work program consisted of 1,800 soil samples collected from the upland areas surrounding the silt anomalies.

of Ryanwood Exploration Inc (REI) was the vendor for the Kodiak property as well as for Underworld’s White Property and re-evaluated the Geological Survey of Canada database for similar positive indicators for white-style mineralization on the Kodiak property. The GSC silt survey of the Thistle area identified anomalous gold and arsenic levels in silt samples collected from streams that drain Kodiak Property. The presence of elevated gold and arsenic values suggests potential for mineralization similar to that identified by Underworld Resources.

Considering that Underworld and other junior mining companies operating in the White District have had considerable success using soil geochemical surveys to pinpoint areas of gold mineralization management is optimistic the initial program will identify targets that warrant follow up work. In the event that targets are defined, the Kodiak Property could easily be fast tracked because there is an access road and airstrip along Thistle Creek.

The Company entered into an option agreement with Ryanwood Exploration Inc. (”REI”) for a 100% interest in the Kodiak property on July 8, 2009.

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Cariboo Rose Outlines Gold Geochemical Anomalies Along a 4 Km Trend in White Gold District

Cariboo Rose Resources Ltd. (TSX-V: CRB) and Alder Resources Ltd. (TSX-V: ALR) are pleased to report on ongoing exploration on the Canadian Creek Project in the Whitehorse Mining District of the Yukon Territory 160 km south of Dawson City. The property is also 50 km southeast of Underworld Resources Inc.’s (TSX-V: UW) White Gold project and approximately 25 km southeast of Kaminak Gold Corp.’s Coffee property.

A soil sampling grid has been cut and sampled, and the analytical results indicate a series of gold and arsenic anomalies across the entire 4.0 km width of the grid. The anomalies are defined by 20 ppb contours and individual anomalies are up to 1.5 km in length. At a 50 ppb gold threshold the largest anomaly is 1.2 km long and 300 m wide. The anomalies show strong linear trends from east-west to northeasterly. Previous sampling of float in one of these anomalies returned 6.6 g/t gold and 51 g/t silver from a piece of quartz-arsenopyrite vein. An induced polarization (IP) geophysical survey was also completed over the grid and outlined several anomalies that show the same general trend as the soil anomalies.

A separate gold geochemical anomaly, 3.0 km southeast of the gold-arsenic anomaly and adjacent the Casino Deposit presently being explored by Western Copper Corporation, was defined during previous exploration on the property and received some follow-up. An old trench (9076C) in the middle of this large anomaly was reported to have returned 1.69 g/t gold across 10 m. The trench was re-sampled with 5 m chip/panel samples and returned 45 m of 0.33 g/t gold with an interval of 10 m grading 0.93 g/t in the centre of the trench. A diamond drill hole completed in 1993 located within this same anomaly intersected 150 m grading 0.49 g/t gold, including 44 metres grading 0.71 g/t.

Alder has contracted Kluane Drilling, based in Whitehorse, to undertake a drilling program on the property. Kluane is presently drilling for Western Copper on the adjacent Casino Deposit and this provides a tremendous logistical and cost advantage to the project.

Alder can earn a 60% interest in the Property by completing a schedule of cash payments (totaling $250,000) to Cariboo Rose, issuing a total of 250,000 shares to Cariboo Rose, and fulfilling designated exploration expenditures on the property totaling $2,500,000 by June 18, 2013.

G.L. Garratt, P. Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release. Bob Johnston, P. Geo., also a qualified person within the context of National Instrument 43-101, is supervising the project work in the field. Analysis was performed by Acme Analytical Laboratories, a certified facility in Vancouver, BC, using multi-element (ICP-MS) Aqua Regia Digestion (1D) procedures, with gold and silver values determined using fire assay procedures.

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Kaminak Finds New Gold Soil Anomalies

Kaminak Gold Corp. is providing geochemical results from over 1,700 soil samples taken from the company’s 100-per-cent-owned Coffee property, located in the White district, Yukon. These samples were taken over previously unexplored portions of the property in order to generate additional trenching targets for the continuing 2009 exploration program.

Key point summary:

  • Gold-in-soil results up to 3.16 grams per tonne (g/t) gold were recovered from a new 450-metre-long geochemical anomaly located over one kilometre from current trenching areas;
  • Main Coffee gold-in-soil anomaly was extended to the north by at least 500 metres, and now measures 3.2 kilometres long by 1.2 kilometres wide;
  • Gold geochemical anomalies are associated with a distinctive pathfinder signature of arsenic and antimony.
  • “Soil sampling remains the most effective exploration tool in the non-glaciated White district,” stated Rob Carpenter, president and chief executive officer of Kaminak. “Our soil sampling has uncovered several new priority trenching targets, and we are still awaiting results for an additional 1,300 soil samples.”

    Soil sample results

    Highlights include the delineation of a new gold-in-soil anomaly located over one kilometre from current trenching work. This new linear trend can be traced over at least 450 metres in length and is defined by six consecutive samples with assay values ranging from 131 parts per billion gold to a high of 3,156 parts per billion gold, or 3.156 g/t gold. The trend remains open in both directions and appears to be less than 100 metres wide. Subsequent prospecting and grab sampling along this trend resulted in the collection of approximately 10 rock samples, which have been submitted for geochemical analysis. Follow-up trenching is scheduled to be completed this field season.

    Additional soil sampling was completed along the margins of the previously known main anomaly area, where trenching is continuing. Of note, a cluster of eight soil samples yielded values greater than 75 parts per billion gold. These results extend the limits of the core soil anomaly by at least 500 metres to the north, with the core centre anomaly now measuring 3.2 kilometres by 1.2 kilometres. Trench lines are to be extended over this new area as well this field season.

    A total of 1,787 soil samples were analyzed; 51 of these samples yielded results greater than 75 parts per billion gold (highest threshold). Over all, results ranged from background (less than 15 parts per billion gold) to a high of 3,156 parts per billion gold, or 3.156 g/t gold. Gold-in-soil anomalies are also associated with high arsenic and antimony. Ninety-three samples yielded arsenic values greater than 100 parts per million arsenic (range one to 967 parts per million), and 22 samples assayed greater than eight parts per million antimony (range zero to 17 parts per million).

    Quality assurance/quality control

    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. Samples were shipped to Acme Laboratories, of Vancouver, B.C., for analyses. Samples are crushed and pulverized using a mild steel ring and puck mill. Thirty-gram aliquots are then weighed into fire assay crucibles, and the samples are placed in a cupel and fired at 950 degrees Celsius. After cooling, 10 millilitres of hydrochloric acid is added in order to dissolve gold particles. Solutions are analyzed for gold on a Varian 735 ICP-ES. Certified reference materials are inserted into the batch and results are verified by a B.C.-certified assayer.

    The Coffee property represents an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.

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    Network Exploration Starts Yukon Field Program

    Network Exploration Ltd. has commenced its first phase of fieldwork at the company’s Yukon lode quartz mineral claims.

    Network Exploration will begin its first phase of exploration at the Yukon property whereby it will conduct a geologic mapping and sampling program of the company’s mineral claims. The claims are located directly east of the Underworld Resources Inc. 169-square-kilometre White Gold property where Underworld continues to explore sediment- and vein-hosted gold targets after its recently announced gold discoveries.

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