A25 Gold Producers Completes Summer 2011 Geochemical Soil Sampling Program on A25 Extension Properties
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 12/30/11 -- A25 Gold Producers Corp. (FRANKFURT: ALQN) is pleased to announce that the company has completed a soil geochemical sampling program on the A25 extension properties located on Vancouver Island, British Columbia, Canada.
This work produced coincident gold-copper anomalies in two areas as well as other isolated anomalies. The geochemical soil sampling program determined gold values ranging from 5.0 up to 673.7 ppb. Gold values in excess of 10 ppb are considered to be anomalous. Copper values ranged from 21.0 up to 205.0 ppm.
A25 Gold Producers also wishes to announce that it has applied for the necessary permits that will allow the company to proceed with a diamond drill program on the A25 properties in 2012.
Previous exploration on the A25 main zone (as referenced in the 43-101 Technical Report on the A25 Property: November 14, 2011) consisted of geological mapping, geochemical and geophysical surveys, diamond drilling and underground exploration. Gold mineralization was intersected in 16 of the 32 holes that were drilled on the A25 main zone. Of these, seven holes returned assays grading in a range between15.5 grams per tonne gold up to 409 grams per tonne gold, over one metre. The best hole (H85-24) contained 210 grams per tonne over two metres.
Stephen B. Butrenchuk, P. Geol., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.
About A25 Gold Producers Corporation
A25 Gold Producers Corporation, a company based in British Columbia, Canada is in the business of commercializing gold and silver properties that had been active mines in the past but were under exploited. The properties are located in the Zeballos area near the west coast of Vancouver Island, British Columbia. The properties are grouped into one contiguous area giving the company extensive claims over lands that the provincial mining authority has identified as an area that can be expected to meet previous production records.
Cautionary Statement on Forward-Looking Information
This press release is prepared for the sole purpose of public announcement of the organization of the Advisory Board of A25 Gold Producers Corp. Certain information contained in this press release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The word "intend" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. A25 cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of A25 to be materially different from A25's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. A25 disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. This press release does not constitute or form part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore.
Contacts:
A25 Gold Producers Corporation
Jim Adams
President and CEO
416-551-3305 or Toll Free: 1-866-209-0451
416-367-8334 (FAX)
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Datum: 30.12.2011 - 05:01 Uhr
Sprache: Deutsch
News-ID 100262
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Mining & Metals
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