Kaminak Stakes New Ground in Yukon


Kaminak Gold Corp. has staked 210 additional claims (4,250 hectares) in the emerging White gold district of the Yukon. The newly acquired claims tie on to the southwest corner of the company’s Coffee property and extend south and west to the company’s Cream property. Kaminak now holds title or has title pending to over 13,000 hectares (32,000 acres) in the White district.

These claims were staked in order to cover the possible extensions of newly defined soil anomalies on the Coffee property. Kaminak has now received results for over 2,250 soil samples from across the property, resulting in the definition of eight separate gold-in-soil trends occurring over a length of 11 kilometres. Several of these trends remain open to expansion. From west to east these trends are named: Espresso, Kona, Latte, Supremo, Double Double, Mocha, Arabica and Java. With the exception of Supremo, all of these trends were identified in this year’s soil sampling program. Of note, the Latte trend extends over 800 metres long by 50 to 100 metres wide, averages 603 parts per billion Au along the entire length and is open to the west. Maps showing the location and intensity of these trends are now available on Kaminak’s website.

Kaminak is currently awaiting rock assays from 494 chip samples taken from shallow trenches which were dug over priority gold-in-soil anomalies at the Supremo and Latte trends. Results are expected in the coming weeks. To date, only 50 rock assay results from trenching have been received by Kaminak successfully identifying gold surface mineralization on the Supremo trend and grading 2.3 grams per tonne Au over 21 m. Additional trenching is continuing at the Kona and Espresso trends.

Once all trench results have been received, Kaminak will proceed with an initial diamond drill program over priority targets in the spring of 2010. Expected winter weather conditions will force the current field program of trenching and soil sampling to be completed before the end of September.

A total of 2,250 soil samples have been analyzed so far during the 2009 season and 81 of these samples yielded results greater than 75 ppb Au (highest threshold). Over all, results ranged from background (less than 15 ppb Au) to a high of 3,156 ppb Au or 3.156 g/t Au. Gold-in-soil anomalies are also associated with high arsenic (As) and antimony (Sb). Two hundred twenty five samples yielded arsenic values greater than 100 parts per million As (range one to 967 ppm) and 22 samples assayed greater than eight ppm Sb (range nil to 117 ppm).

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