Posts Tagged White Gold Area Play

Kaminak Drilling Increases Length of the Latte Gold Zone to 1350 meters; Remains Open in All Directions

Posted by Admin in Drill Results, News Releases on September 14, 2011

Vancouver, B.C. – Kaminak Gold Corporation (KAM: TSXV) today announced assay results from 44 diamond drill holes from the Latte zone, located on the Company’s 150,000 acre Coffee Gold property, Yukon Territory. Kaminak discovered Latte in 2010 and successfully defined a linear structural zone 600m long that begins at surface. Drilling in 2011 has more than doubled the strike length of the Latte zone to at least 1350m and reaching 275m vertically below surface. Many holes host multiple intercepts and mineralization remains open in all directions.

Key Results

CFD-87 – 2.6 g/t Au over 31m (from 142m) and 1.1 g/t Au over 69m (from 184m)
CFD -96 – 2.2 g/t Au over 13m (from 75m) and 2.6 g/t Au over 14m (146m)
CFD-97 – 9.0 g/t Au over 3m (from 30m) and 15.5 g/t Au over 3m (from 218m)
CFD 115A – 2.1 g/t Au over 59m (from 142m) and 1 g/t Au over 10.6m (from 211m)
CFD-119 – 12.0 g/t Au over 3m (from 184m) and 2.5 g/t Au over 31m (from 240m)
CFD-123 – 13.5 g/t Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m)

CFD-85 – 1.6 g/t Au over 38m (from 133m)
CFD-91 – 8.6 g/t Au over 10m (from 40m)
CFD-92 – 7.8 g/t Au over 5m (from 75m)
CFD-99 – 1.9 g/t Au over 41m (from 138m)
CFD-103 – 3.9 g/t Au over 17m (from 166m)		 CFD-113 – 8.5 g/t Au over 7m (from 84m)
CFD-114 – 6.4 g/t Au over 10m (from 246m)
CFD-127 – 2.3 g/t Au over 12m (from 122m)
CFD-131 – 1.8 g/t Au over 18m (from 208m)
CFD-140A – 2.0 g/t Au over 19m (from 215m)

Summary

  • Strike length of Latte zone extended to at least 1350m along trend and reaching 275m vertically below surface. Many holes host multiple intercepts and mineralization remains open in all directions.
  • Drilling towards the west successfully extends gold mineralization 400m beyond the previously defined gold-in-soil anomaly, and geophysical data suggests the Latte structure may extend an additional 2500m towards the Kona area and 1000m east towards Double Double.
  • West Latte trend characterized by moderately south-dipping mineralized horizons exhibiting a shallow westerly plunge. Additional drilling is planned to test down-plunge depth extent of CFD-119, which cut 12.0 g/t Au over 3m (from 184m core length) and 2.5 g/t Au over 31m (from 240m), and CFD-123, which cut 13.5 g/t Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m)
  • Latte is one of several closely spaced gold prospects, which also includes the Supremo zone (1100m north) and the Double Double zone (1000m east). Geological similarities on all scales suggest these zones are related to the same mineralizing event and, as a result, are potentially connected along trend and at depth

Drill Results

Drilling by Kaminak in 2010 outlined a 600m long gold trend at Latte from 14 drill holes. The objective of the 2011 drilling was to expand the gold zones discovered in 2010 towards the west and east. A total of 42 holes are reported in this news release on 100m spaced sections with the exception of section 2900E, which is spaced 50m from the nearest section. All holes were drilled south to north (zero degree azimuth) angled between 50 and 80 degrees. Drilling intersected significant gold zones on all sections and successfully expanded the strike extent to at least 1350m. All zones remain open along trend and at depth. Extensive oxidation of the Latte mineralized zones is typically observed to approximately 75m vertical depth and partial oxidation is traced to 175m vertical. In contrast, the nearby Supremo T3 gold zone exhibits extensive oxidation to 150m vertical and partial oxide to 200m vertical.

Variability in gold grade and width is noted across the 1350m length of Latte. In general, the western half of the Latte structure is characterized by multiple zones of approximately 20-80m wide moderately south dipping panels, and includes: 2.6 g/t Au over 31m (from 142m core length) with a lower intercept of 1.1 g/t Au over 69m (from 184m) from hole CFD-87 and 2.1 g/t Au over 59m (from 142m) with a lower intercept of 1 g/t Au over 10.6m (from 211m) from hole CFD-115A. Significant high-grade gold has been cut at Latte west including: 8.6 g/t Au over 10m (CFD-91 from 40m) and 8.5 g/t Au over 7m (CFD-113 from 84m). These types of high gold grades are commonly observed near the top of Latte west intercepts. Looking westward from section 3350E towards section 2750E it is apparent that mineralization becomes wider and higher grade at depth, implying a west plunge along the Latte structural zone. Additional drilling is planned this season to test the down plunge depth extent of Latte west mineralization.

In contrast, gold at eastern Latte appears controlled by ~5-20m wide, near vertical structure, and, in general, gold grade appears higher with intercepts including: 3.9 g/t Au over 17m (CFD-103 from 166m) and 6.4 g/t Au over 10m (CFD-114 from 246m).

In addition, a significant alteration zone has recently been recognized in drilling south of the main Latte trend and is informally known as the Splay zone. This zone consists of a 10-20m wide interval of strongly arsenic enriched rocks that appears to be separate from the main Latte trend. The zone was identified from holes CFD-97 and 100 which primarily tested down-dip extensions of the main Latte East zone, but which, unexpectedly, intersected mineralization near the top of hole with intercepts including 8.96g/t over 3m (CFD-97 from 30m). Four additional drill holes (CFD-128, 130, 132 and134) were designed to test the gold potential of the Splay zone successfully outlining a southeast trending alteration zone over 200m strike (CFD132 & 134 pending assays).

Latte is one of several closely spaced gold prospects, which also includes the Supremo zone (1100m north) and the Double Double zone (1000m east). Gold mineralization in all of these zones is hosted within brittle fractures and brecciated gneisses and schists accompanied by silica flooding and pyrite / limonite alteration. Geological similarities on all scales suggest these zones are related to the same mineralizing event and, as a result, are potentially connected along trend and at depth. Interpretation of recently acquired geophysical data has successfully identified drill targets associated with gold-in-soil anomalies between known gold zones.

The 2011 drilling has extended mineralization at Latte West 400m beyond the western limit of the gold-in-soil anomaly. Ground magnetic data collected in 2010 and recently acquired airborne magnetic survey data suggests the Latte structure may extend an additional 2,500m west towards the Kona area and 1,050m east towards Double Double.

Assay Table

Drill Hole # From (m) To (m) Width (m)* Weighted grade (g/t Au)
Latte West
Section 2900E
CFD-113 84 91 7 8.46
CFD-107 88 93 5 3.77
and 108 109 1 3.82
and 136 140 4 2.02
CFD-110 73 79 6 1.69
and 121 126 5 2.81
and 133 170 37 1.09
and 182 187 5 1.48
CFD-115A 142 201 59 2.11
and 211.35 222 10.65 1.05
and 229 234 5 2.40
CFD-119 169 171 2 4.13
and 184 187 3 11.96
and 197 200 3 2.44
and 240 271 31 2.50
incl 241 244 3 17.75
 
Section 2850E
CFD-91 40 50 10 8.64
CFD-82** 94 97 3 3.19
and 109 126 17 9.61
CFD-84 61 91 30 0.96
and 136 139 3 0.69
CFD-85 115 120 5 1.61
and 133 171 38 1.55
and 197 210 13 0.93
CFD-87 142 173 31 2.65
and 184 253 69 1.15
CFD-123 219 224 5 13.46
and 234 255 21 2.18
and 267 298 31 1.11
 
Section 2750E
CFD-116 No significant values
CFD-94 110 111 1 5.42
and 153 158 5 1.81
CFD-96 75 88 13 2.17
and 99 101 2 1.75
and 122 125 3 1.45
and 146 160 14 2.58
CFD-99 138 179 41 1.90
and 224 227 3 1.94
and 245 247 2 1.91
CFD-105 163 174 11 2.04
and 182 199 17 1.58
and 231 240 9 1.99
 
Section 2650E
CFD-125 Abandoned due to mechanical difficulties
CFD-109 65 66 1 5.03
CFD-112 65 69 4 1.02
CFD-122 123 137 14 2.12
CFD-140A 215 234 19 2.04
 
Section 2550E
CFD-117 70 73 3 0.85
CFD-127 122 134 12 2.27
 
Latte East
Section 3350E
CFD-102 4.1 26 21.9 0.66
and 36 62 26 1.89
CFD-89 54 92 38 0.73
and 107 120 13 2.01
CFD-92 9 19 10 1.23
and 75 80 5 7.79
incl 79 80 1 30.2
CFD-111 91 92 1 3.84
and 168 170 2 2.06
 
Section 3450E
CFD-95 5 15 10 1.89
and 53 55 2 1.80
and 95 101 6 2.07
CFD-10** 119 135 16 3.71
CFD-97 3.24 8 4.76 2.44
and 30 33 3 8.96
and 100 103 3 4.93
and 218 221 3 15.51
incl 219 220 1 32.5
CFD-114 161 164 3 1.42
and 246 256 10 6.44
CFD-100 5 11 6 0.96
and 48 49 1 2.69
CFD-118 85 90 5 1.07
and 220 221 1 6.15
 
Section 3550E
CFD-48** 90 99 9 5.55
CFD-50** 169 174 5 8.15
CFD-128 26 31 5 0.60
CFD-130 33 36 3 1.05
 
Section 3650E
CFD-120 56 58 2 3.11
and 72 88 16 1.10
CFD-103 166 183 17 3.86
CFD-132, 134 No significant values (holes not targeted for Latte structure)
 
Section 3750E
CFD-121 77 81 4 0.94
and 94 99 5 1.00
CFD-106 189 191 2 1.85
and 194 196 2 1.30
and 207 210 3 0.88
CFD-108 219 225 6 2.92
and 235 241 6 2.11
 
Section 3825E
CFD-124 71 91 20 1.04
CFD-126 Abandoned due to mechanical issues
 
Section 3900E
CFD-129 72 85 13 1.78
and 129 132 3 2.01
and 140 156 16 1.83
CFD-131 81 84 3 1.77
and 208 226 18 1.83
and 253 257 4 1.44

*True width estimated at approximately 2/3 core length.  ** previously released holes

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.

On behalf of the Board of Directors of Kaminak
“Rob Carpenter”

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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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STINA ANNOUNCES DIME EXPLORATION UPDATE AND TRENCH RESULTS

Posted by Admin in Field Work, News Releases on August 23, 2011

Stina Resources Ltd. has provided an update on the continuing 2011 exploration work on its Dime property in the South Klondike/White Gold district.

Drilling update

Drilling is under way and holes DDH-11-6 through DDH-11-08 have been completed for a total of 560 metres drilled to date. These holes intersected the same lithology as holes DDH-10-03 and 10-04, including silicified and pyritized vein breccias and strongly silicified and pyrite- and arsenopyrite-bearing silicified zones. Drill core is now being processed.

Trenching results

Results from trench sampling completed in July (313 five-metre-long continuous trench samples) were collected from 13 trenches over 1,565 metres total length and 35 additional samples were collected from 35-by-one-metre-deep pits. Samples consist of a representative sample of bedrock and colluviums weighing, on average, six pounds per sample. This has proven to be a very effective method of identifying areas for additional surface work or drilling in the South Klondike/White Gold district.

 

                      TRENCHING RESULTS

Trench No.            Sample       Au        Pb        Cu
and interval       length (m)    (ppb)     (ppm)     (ppm)

Tr-15, 5-80 m             75       46
Tr-15, 95-200 m            5      955
Tr-15, 280-285             5    1,050
Tr-17 pit No. 2                   508
Tr-10, 65-70 m             5      250
Tr-10, 75-80 m             5      536
Tr 10, 100-120 m          20      912
Tr-10, 100-105 m           5    1,454
Tr-10, 105-110 m           5      200
Tr-10, 110-115 m           5      323
Tr-10, 115-120 m           5    1,672     2,966      432
Tr-26, 130-135 m           5    1,035

 

Trenches 10 and 15 are located on the east anomaly and trench 26 is on the central anomaly.

Air magnetic survey results

Final airborne magnetic and total count radiometric survey data have been received from Precision GeoSurveys Inc. The total field magnetic data clearly show two parallel and very strong linear seven-kilometre-long northwest-southeast-trending magnetic low anomalies that are both offset a distance of one kilometre along a left lateral zone trending 70 degrees. Stina is still waiting to receive uranium, potassium and thorium maps from Precision. Total count radiometric has been provided, and those data also reflect the prominent northwest-southeast structures obvious in the magnetic data. Once the final data for uranium, potassium and thorium are received, Stina will report it in a subsequent news release.

This northwest-southeast structural trend, along with second and third order east-west and northeast-southwest trends, is important in the South Klondike/White Gold district. All major soil anomalies in this region are located proximal to the 70-degree offset of the northwest-southeast-trending magnetic low.

The west, central and eastern soil anomalies are all located adjacent to the left lateral offset, are within magnetic highs adjacent to the left lateral offset and are part of a 4.5-kilometre soil system identified in 2010.

The initial drill holes DDH-11-06 to DDH-11-06-08 were collared on the western anomaly at the site where DDH-10-03 and DDH-10-04 were collared in 2010. DDH-11-06 was a steeper cut on the zone located in 2010 that returned the following results last season.

 

Drill hole  From (m)    To (m)  Interval (m)     Grade  (g/t Au)

DDH-10-03      58.5     60.00           1.5                4.15
DDH-10-04     59.90     92.00          32.0                0.71
Including     59.50     69.50           9.6                1.10

 

Additional drill holes will be based on results of the 2011 trench sampling, soil sampling, and airborne magnetic and radiometric survey data. Initial drill results expected in September. The company expects to drill 15 to 20 core holes on Dime in 2011.

James Corrigan, president of the company, commented on this year’s exploration program: “Mr. Doherty is a consummate professional and has done a tremendous job managing our Yukon Dime project, despite weather and inherent logistical challenges of the region. Mr. Doherty has done a commendable job of bringing in highly experienced people and staying within a tight work schedule and budget throughout the 2011 season, and we are very pleased to see Stina functioning efficiently on all levels of management. We look forward in anticipation to furthering our 2011 Yukon exploration program by staying within noted prospector Shawn Ryan’s unique and successful exploration method of soil sampling, trenching, magnetic survey evaluation and drilling in an orderly manner, which has a proven track record on other Shawn Ryan properties.”

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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ETHOS IDENTIFIES NEW MASCOT CREEK GOLD SOIL ANOMALY NEAR THE COFFEE FAULT, BETTY PROPERTY,WHITE GOLD DISTRICT, YUKON

Posted by Admin in Field Work, News Releases on August 9, 2011

Ethos Capital Corp. has gold analyses from soil samples up to 277 parts per billion gold. It also has provided an update on the continuing exploration at the Betty property located southeast along strike of Kaminak Gold Corporation’s Coffee discovery in the White Gold district, west-central Yukon Territory, Canada, and just one of the five properties that Ethos owns in the area.

Ethos is currently exploring 4,963 claims covering an area of 1,038 square kilometres in the emerging White Gold district. Ethos’s Betty property, comprising 730 claims covering 152 square kilometres, is situated immediately east of Kaminak’s Coffee property. Gold mineralization at Kaminak’s flagship Coffee property is associated with a regional-scale structural corridor termed the Coffee fault. The Coffee fault is defined by a pronounced east-west-trending topographic and magnetic lineament that transects Ethos’s Betty property. The Coffee fault and subordinate structures are the focus of Ethos’s Betty property exploration program.

A total of 3,875 reconnaissance ridge-and-spur soil samples representing 194 line kilometres of soil data have been collected. Results have now been received for 2,354 samples representing 60 per cent of the total collected at the Betty property. Remaining samples have been delivered to the analytical lab for processing.

A previously reported ridge-and-spur soil result of 597 parts per billion gold (see July 12, 2011, news release) led to the discovery of 2.1 grams per tonne gold in rock at the Buck zone (see July 25, 2011, news release). At present, the Buck zone is defined by trenching to occupy a 250-metre-by-250-metre area of alteration, as described in more detail below. The nearest adjacent ridge-and-spur soil lines are 700 metres away, also with anomalous gold and arsenic geochemistry.

Numerous other gold anomalous soil sites have now been identified. These are all in the process of being field-checked. A gold-in-soil map of results received to date has been posted on the company’s website.

New Mascot Creek soil anomaly

New results reveal significant gold-anomalous soils in the area of Mascot Creek located south of the main Coffee fault. A line of reconnaissance ridge-and-spur soils collected at 50-metre intervals above the west bank along Mascot Creek returned a continuous gold-in-soil anomaly above 10 ppb gold that is 2,500 metres long, then a 650-metre interval gap not anomalous, then an additional 650-metre-long gold-in-soil anomaly. The entire soil line ranges in value from 10 ppb, with the numeric average of 34 ppb gold, and with multiple sites above 100 ppb gold to a maximum of 277 ppb Au. Soil values above 14 ppb Au are statistically anomalous above the 95th percentile for Ethos’s soil sample database. These gold-anomalous sites are also uniformly highly anomalous in arsenic with many values above 250 ppm and six values between 505 ppm to 1,611 ppm As. These Au and As values are consistent with results reported by Kaminak from soils in proximity to gold-mineralized zones.

A second line of reconnaissance ridge-and-spur soils was collected at 50-metre intervals along the ridge top 900 metres west of the line in Mascot Creek with similar results. There is a 1,400-metre-long gold-in-soil anomaly above 10 ppb, then a 500-metre interval gap not anomalous, then an additional 450-metre-long gold-in-soil anomaly. The anomalous values begin at 10 ppb and reach a maximum of 134 ppb Au along this line, with a numeric average of 34 ppb Au. These gold-anomalous sites are also uniformly anomalous in arsenic with several values above 250 ppm As and one value of 501 ppm As.

Samples from adjacent soil lines which would help refine the geographic extent of this anomalous area are still in the lab with analytical results pending.

The Mascot Creek area is now a priority area for follow-up. Prospecting surveys have begun. Trenching of the anomalous gold-in-soil line along the ridge top is planned as soon as the backhoe completes Buck zone trenching. An additional 1,000 soil samples from a follow-up detailed soil grid are planned for collection to expand the soil coverage; this program should begin shortly.

Airborne surveying

A total of 2,406 line kilometres of magnetic and radiometric surveying of the Betty property has been completed, and preliminary results are in hand. The magnetic survey clearly images the first-order Coffee fault as well as many additional second- and tertiary-order structures. The Buck zone is shown to be an area of intersecting east-west and north-south magnetic linears interpreted as faults. The Mascot Creek area gold-anomalous soils are also associated with strong magnetic linears.

Buck zone trenching

The company has completed 1,500 metres of trenching at the Buck zone gold discovery in the immediate area of the 2.1-gram-per-tonne-gold sample site. The trenches cover approximately a 250-square-metre area and are spaced 50 metres apart. The area is confirmed to have abundant silicification, quartz veining, iron oxidation and locally relict arsenopyrite and pyrite. Prospecting the immediate area has uncovered an outcrop containing boulangerite (antimony-arsenic sulphide), stibnite (antimony sulphide) and arsenopyrite (arsenic sulphide) approximately 600 metres south of the Buck zone. The outcrop is along a north-south structure interpreted from the magnetic data extending from the Buck zone. Photographs of rock samples and trenching are available on the company’s website.

A total of 298 rock samples have been collected from the Betty property predominantly from the Buck zone trenches and the antimony-arsenic-bearing outcrop. All rock samples have been submitted as a rush order to the analytical lab.

Peter Tallman, PGeo, chief operating officer of Ethos, states, “The recognition of antimony and arsenical sulphides associated with gold mineralization and strong alteration adjacent to the Coffee fault, combined with the general level of oxidation of the host rocks, continues to compare favourably with extremely similar early results obtained by Kaminak Gold Corp., our neighbour to the west.”

Gary Freeman, chief executive officer and president of Ethos, states, “We continue to work diligently and methodically in investigating the many new gold target areas which continue to come to light and we are excited by the preliminary indications received to date.”

A comprehensive quality assurance/quality control program is in place to monitor precision and accuracy of the assay results. All soil samples are submitted with certified reference materials. Soil sample duplicates are routinely collected, and pulp duplicates are obtained for all soil samples. Ridge-and-spur soil samples are analyzed by Acme Analytical Laboratories Ltd. A 15-gram subsample of soil material is ignited, acid digested, and gold determined by ICP-MS; a 0.5-gram subsample undergoes aqua regia digestion with ICP-MS analysis for 36 reporting elements including arsenic. Analytical QA/QC programs monitoring the precision and accuracy of results includes the routine use of assaying sample duplicates, certified reference standard(s); and both assay and prep wash blanks. Acme is ISO 9001-certified.

The technical information contained within this news release has been reviewed and approved by Mr. Tallman, PGeo, chief operating officer of Ethos Capital and qualified person as defined by National Instrument 43-101 policy.

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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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Ethos Identifies Gold Anomalies in the Coffee Fault, White Gold District, Yukon

Posted by Admin in Field Work, News Releases on July 13, 2011

Ethos Capital Corp.  is pleased to report preliminary gold soil geochemical results from ongoing exploration at the Betty Property located southeast along-strike of Kaminak Gold Corporation’s (“Kaminak”) Coffee discovery in the White Gold District west-central Yukon Territory, Canada.

Ethos is currently exploring 4,963 claims covering an area of 1,038 square kilometers in the emerging White Gold District. Ethos’ Betty Property, comprised of 730 claims covering 152 square kilometers, is situated immediately east of Kaminak’s Coffee Property and covers approximately 15 kilometers of the highly prospective Coffee Fault.

Gold mineralization at Kaminak’s flagship Coffee Property is associated with a regional scale structural corridor termed the “Coffee Fault”. The Coffee Fault is defined by a pronounced east-west trending topographic and magnetic lineament that transects Ethos’ Betty Property.

This part of the Dawson Range has not been glaciated and soil sampling, which has led to the Coffee and White Gold discoveries, is an important component in Ethos’ 2011 exploration program and is a highly effective exploration tool for locating in-situ gold mineralization.

A total of 15,752 reconnaissance ridge-and-spur soil samples have been collected to date, which represents just over half of the 32,750 samples that will be collected during the 2011 exploration program. The soil collection program has been contracted to Ground Truth Exploration Inc. of Dawson City Yukon. Results from the Betty portion of this survey are reported herein.

Betty Property Preliminary Soil Results

A total of 3,875 reconnaissance ridge-and-spur soil samples representing 194 line kilometers of soil data have been collected from the Betty Property. Results have been received for 1,153 samples representing 30% of the samples collected at Betty. Results are therefore not comprehensive or complete, however significant gold-in-soil anomalies have been discovered.

Anomalous gold soil values up to 384 ppb occur along or immediately adjacent to a 5 kilometer-long segment of the highly prospective Coffee Fault. A second highly anomalous area occurs at the intersection of the Coffee Fault and the Dip Creek Fault defining a 3 square kilometer area of anomalous gold (597 ppb) and arsenic (920 ppm). Follow-up prospecting has identified quartz vein subcrop containing pyrite and arsenopyrite hosted by altered intrusive rocks over a 70 meter by 150 meter area within this anomaly.

“We are extremely happy with the progress our field crews have made so far and we are very excited about the soil survey results that we have received to date. The anomalies outlined by the 2011 soil program indicate that the sampling methodology executed by our partner Shawn Ryan is working” stated Gary Freeman, President and CEO of Ethos. “These results are especially exciting given their close proximity to the Coffee discovery”.

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KAMINAK BEGINS COLLECTING 10,000 SOIL SAMPLES AT COFFEE GOLD PROJECT, YUKON

Posted by Admin in Field Work, News Releases on July 7, 2011

Kaminak Gold Corp. has begun an aggressive 2011 soil sampling program on its 100-per-cent-owned Coffee gold project located in the White gold district. A 20-man crew has been mobilized to the property to collect a minimum of 10,000 soil samples across the 150,000-acre Coffee property. Priority targets include extensions to the existing high-tenor anomalies within the core Coffee area, systematic grid sampling over last year’s newly defined Sugar trend gold-in-soil anomaly, and comprehensive first-pass ridge and spur soil sampling across the remainder of the property. Gold mineralization at Coffee is associated with regional-scale structural corridors and to date only approximately 10 per cent of prospective targets have been systematically sampled. A detailed plan map showing the proposed soil sample locations is available for viewing on the company’s website.

The first area of focus for the 2011 soil sampling program is the Sugar trend, a consistent zone of eight kilometres by four kilometres of elevated gold in soil, peaking at 248 parts per billion gold approximately 20 kilometres east-southeast of the known drill discoveries at Coffee. The gold-in-soil anomaly is underlain by a zone of dikes intruding granite which are intermediate to mafic. Kaminak considers the Sugar trend to be extremely significant as the scale and tenor of gold-in-soil geochemistry is similar to early sampling over the Coffee core area that produced several gold occurrences, such as Supremo and Latte. Pending favourable soil results, drilling at Sugar is expected to take place in early September, 2011.

Lack of glaciation over the Coffee property has allowed in situ soil sampling to be employed as a highly effective exploration tool. All of Kaminak’s gold discoveries to date have been found by drilling directly underneath gold-in-soil anomalies. Approximately 19 kilometres of untested soil anomalies are known on the property, each warranting drill follow-up. Only 10 per cent of the property has experienced systematic grid soil sampling.

Kaminak has contracted Ground Truth Exploration Inc. of Dawson City, Yukon, to complete the 2011 soil sampling program.

Drill update

Presently, three diamond drills are located at the Latte zone and are focused on expansion drilling and targeting the newly discovered high-grade zone of 9.6 grams per tonne gold over 17 metres and 17.4 g/t Au over seven metres.

Reverse circulation drilling at the Supremo zone is complete and assays are pending. The RC drill has now been mobilized to the Kona zone for follow-up on the 2010 drill discovery of 2.2 g/t Au over 57 metres. The total strike length of the untested Kona gold-in-soil trend exceeds two kilometres.

Kaminak’s disclosures of a technical or scientific nature in this press release have been reviewed and approved by Dr. Rob Carpenter, PhD, PGeo, Kaminak’s president and chief executive officer, who serves as a qualified person under the definition of National Instrument 43-101.

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CENTRAL COMMENCES WORK ON SELWYN CREEK PROJECT, DAWSON RANGE, YUKON

Posted by Admin in Field Work, News Releases on June 30, 2011

Central Resources Corp. has begun the 2011 exploration program on its Selwyn Creek properties located in the Dawson Range area of the White Gold district, Yukon.

Initial work consisting of wide-spaced and detailed soil sampling, prospecting, geological mapping and trenching will be focused on the L block to identify potential drill targets for subsequent testing. The detailed soil sampling will follow up soil anomalies generated last year, the largest of which defined a roughly linear northeast-trending, greater-than-20-parts-per-billion gold anomaly, at least 1,000 metres long and up to 500 metres wide. This anomaly remains open to the northeast and southwest. Within this anomaly, 16 samples ran greater than 50 ppb gold, and six samples ran better than 100 ppb gold, with the highest sample running 470 ppb gold (see news release dated Oct. 13, 2010).

The L block consists of 777 claims with an area of 16,250 hectares. The properties were staked on the basis of historic sampling conducted by Archer Cathro & Associates (1981) Ltd. Central has the right to earn a 100-per-cent interest in the properties from Strategic Metals Ltd.

The 2011 fieldwork will be carried out by Archer Cathro and Associates and will be supervised by Heather Smith, PGeo. Ms. Smith is responsible for all aspects of the work including the quality control/quality assurance program.

Paul Reynolds, PGeo, president of Central, and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure made in this press release.

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NORTHERN TIGER RESOURCES YUKON EXPLORATION UPDATE

Posted by Admin in Field Work, News Releases on June 22, 2011

Northern Tiger Resources Inc. has provided an update on its planned $7.2-million Yukon exploration programs. The 2011 exploration programs are designed to follow up high-grade gold drill discoveries made in 2010 at both the 3Ace and Sonora Gulch projects.

Drilling at Sonora Gulch commenced last week. The primary focus of this 2,500 metre diamond drill program will be on the Gold Vein Zone – a 1.4 kilometre long geochemical anomaly averaging 161 ppb gold-in-soils. A single drill hole testing the anomaly in 2010 returned a discovery intercept of 7.6 g/t gold and 155.5 g/t silver over 6.0 metres.

Construction of the new camp at 3Ace is now advanced and the drill crew is mobilizing to the property this week. The 10,000 metre drill program will focus on the Main Zone, where two diamond drill holes have already intersected significant gold mineralization (including 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), and on Green Zone West (a 1,000 metre by 500 metre anomaly averaging 115 ppb gold-in-soils). Up to five additional targets on 3Ace and the adjoining Sprogge Property will also see preliminary drill testing this year.

“Our Yukon exploration program is well underway, although the late spring melt has caused some delays,” says Greg Hayes, President of Northern Tiger. “We were able to compensate by getting the drill turning early at Sonora Gulch and completing some additional regional exploration work earlier in the season. With the drill crew mobilizing to 3Ace, we will soon have drills turning on two Yukon properties with significant gold discovery potential.”

This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by National Instrument 43-101.

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PACIFIC RIDGE DRILLING AT MARIPOSA STARTS IN WHITE GOLD DISTRICT

Posted by Admin in Field Work, News Releases on June 21, 2011

Pacific Ridge Exploration Ltd.’s diamond drilling is now under way on the Pacific Ridge Mariposa gold property located in the Yukon’s White gold district. This 4,000-metre diamond drilling program comprises a significant part of Pacific Ridge’s $3-million phase 1 exploration budget. There is no history of previous drilling at Mariposa.

Diamond drilling will test the Skookum Jim and Hackly zones, two of five gold-in-soils geochemical anomalies defined in 2010 within the 262-square-kilometre Mariposa property. It is currently estimated that the initial drill program will comprise 20 to 25 drill holes.

Initial drilling will be directed to the 3,500-metre-by-600-metre Skookum Jim target containing gold-in-soil anomalies ranging from 100 to 1,570 parts per billion (ppb) gold that are coincident with magnetic and electromagnetic geophysical anomalies interpreted to represent underlying structures. The Skookum Jim target is in a favourable geological setting that hosts coincident geochemical and geophysical signatures that are also associated with gold mineralization recently discovered elsewhere within the White gold district. Trenching conducted by Pacific Ridge in 2010 within the anomaly further confirmed the presence of gold with composite rock sample results of up to 1.25 grams per tonne (g/t) gold over 30 metres of strongly fractured, brecciated and oxidized rock. A strongly oxidized hematitic rock sample in the trenching area also returned 8.1 g/t gold.

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