Golden Share Samples up to 2.24 g/t Au in New Shear on Larose
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 10/25/12 -- Editor's note: There is a map associated with this press release.
Golden Share Mining Corporation ("Golden Share" or the "Company") (TSX VENTURE: GSH) is pleased to provide the results of its Larose Property ("Larose") 2012 summer work program in Northwestern Ontario, Canada.
This recent campaign focused mainly on the 2011 freshly cut grid that covers the southern, yet unexplored, 4 km strike length of the Larose Shear Zone ("LSZ"). Other targets also being investigated on the property in parallel were :
The following highlights are reported (Please see the attached figure or visit ) :
A total of 2 claims (21 units) covering a surface area of approximately 3.64 km2 have been staked by Golden Share to secure the northeastern extension of the TRSZ were gold values of up to 2.24 g/t Au were obtained.
SRK Consulting (Canada) Inc. ("SRK") was mandated to perform structural geology investigations of stripped outcrops and available drill core on the Larose property. SRK's preliminary conclusions are :
Golden Share will further integrate SRK's conclusions in the planning of the next work phases for Larose.
The Larose property is object of an option agreement with Viking Gold Exploration Inc. ("Viking") whereby Golden Share can acquire a 50% interest. It is located 120 km west of Thunder Bay, north-western Ontario, in the Rainy River - Atikokan - Shebandowan emerging gold province where Osisko Mining Corporation is currently developing the 10.52 M oz Au Hammond Reef gold deposit 70 km to the West of the Larose project.
About Golden Share Mining Corporation
Golden Share Mining Corporation is a Canadian-based mining exploration company developing a promising portfolio of properties in the greenstone belts of eastern Canada, namely in the Val d'Or-Malartic, Red Lake and Shebandowan areas.
Lake Shore Gold Corp., a Canadian emerging gold producer, holds a strategic 27.2%(i) interest in Golden Share which is led by a technically focused management team strengthened by an experienced board of directors and a proven advisory board including successful geologists Roy Corrans and Sethu Raman as well as seasoned financier Anthony Frizelle.
Golden Share's development strategy involves advancing a well balanced portfolio of gold properties in a politically stable environment with a history of gold endowment through systematic exploration, resource definition and acquisitions. Highlights of the current portfolio include:
Golden Share's exploration programs are executed under the supervision of Mrs. Laurence Huss, M.Sc., P. Geo., a "Qualified Person" as defined in National Instrument 43-101, and Vice-president Exploration of Golden Share. Philippe Giaro, P.Geo., President and CEO of Golden Share and Qualified Person for Golden Share, has reviewed and approved the content of this release.
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To view the map associated with this press release, please visit the following link: .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Golden Share Mining Corporation
Philippe Giaro
President & CEO
1-514-866-4224 or 32-473-52-30-29
or
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Datum: 25.10.2012 - 13:30 Uhr
Sprache: Deutsch
News-ID 196319
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Town:
MONTREAL, QUEBEC
Kategorie:
Mining & Metals
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"Golden Share Samples up to 2.24 g/t Au in New Shear on Larose"
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