Stina Resources has Started Exploration on the Dime Property


Stina Resources Ltd. has started its exploration program on the Dime property, located in the Dawson mining district, Yukon. The company has contracted Ground Truth Exploration Inc. from Dawson city, Yukon, to conduct approximately 2,600 soil samples on the property, establishing a grid over the former Teck Ten grid target, as well as to the northeast, covering approximately two-thirds of the property in total. Samples will be processed by ACME Laboratories in Whitehorse, Yukon, and assays completed at its facilities in Vancouver, with results announced as soon as available.

Exploration trenching on the property will also be conducted concurrently, lasting approximately 20 days, followed by electromagnetic surveying where necessary. Stina plans to drill on the former Teck target, as well as other indicated targets on the Dime property, in August, 2010, and has signed a contract with Kluane Drilling Ltd. of Whitehorse. The budget for the Dime property is approximately $600,000.

In the fall of 2009 a smaller 191-soil sample program was conducted, collected on a grid covering about 37 hectares on the Dime property. The gold values in the survey reached as high as 6,082 parts per billion, or six parts per million with a trend on the bottom claims of the property.

Exploration on the Kodiak property, approximately 75 kilometres to the south of Dime, will also be initiated early next week, with news forthcoming, and will also include soil grid sampling and trenching.

The Kodiak property lies directly south of Underworld’s (recently acquired by Kinross) White Gold property and directly to the north of Kaminak’s Kirkman and Coffee properties.

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