Running Fox Completes Gold and Silver Acquisition: SEE DRILL INTERCEPTS TABLE
(Thomson Reuters ONE) -
Tuesday April 5, 2011 Steven Schurman, P. Geol (US), CEO, Director, reports:
Running Fox Resources, TSX-V "RUN", US OTC "RFXRF" is pleased to report that it
has completed the acquisition of the remaining 50% of the its high grade Brett
Gold Project.
Running Fox now owns 100% or the Brett Gold and Silver Project. The Project now
encompasses over 50 square kilometres, the majority of which is royalty free.
Running Fox has cash on hand to start its work programs, the Company also owns
other assets.
Company geologists are preparing drilling plans to follow-up on the following
intersections:
DDH 04-01 intersected 10.2 meters grading 5.28 grams per ton gold, including
1.6 meters grading 29.6 grams per ton gold, and,
DDH 04-02 intersected 11.6 meters grading 10.39 grams per ton gold including
3.1 meters grading 34.02 grams per ton gold; and,
Importantly, DDH 04-12 had 1.3 feet meters grading 176 grams per ton gold in a
new shear zone.
The drill intercepts in this news release include the gold only.
Brett Gold Property - from 43-101 Technical Report Table of
Significant Intersections
selected intercepts all over minimum width/grade, Gold values only,
Silver To Be
Determined
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | Gold |
|Hole # |Grade |from |to |length| |from |to |length | grade |
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | grams |
| number |oz Au/t|feet |feet |feet | |meters|meters|in meters | Au/mt |
+---------+-------+------+------+------+-+------+------+------------+----------+
|86-04 | 0.253| 34.51| 39.01| 4.49| | 10.52| 11.89| 1.37| 8.66 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|86-09 | 0.290|154.99|160.01| 5.02| | 47.24| 48.77| 1.53| 9.93 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|86-10 | 0.125|146.00|150.98| 4.99| | 44.50| 46.02| 1.52| 4.28 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|86-15 | 0.284|135.01|141.01| 6.00| | 41.15| 42.98| 1.83| 9.73 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|86-16 | 0.175|185.99|197.01| 11.02| | 56.69| 60.05| 3.36| 5.99 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-29 | 0.166|137.80|141.08| 3.28| | 42.00| 43.00| 1.00| 5.68 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-29 | 0.737|149.77|178.05| 28.28| | 45.65| 54.27| 8.62| 25.24 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-29 | 0.274|170.90|178.00| 7.10| | 52.09| 54.25| 2.16| 9.38 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-30 | 0.144|263.00|273.00| 10.00| | 80.16| 83.21| 3.05| 4.93 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-30 | 0.127|296.26|301.51| 5.25| | 90.30| 91.90| 1.60| 4.35 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-30 | 0.092|311.90|329.00| 17.10| | 95.07|100.28| 5.21| 3.15 |
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-36 | 0.063|149.93|175.03| 25.10| | 45.70| 53.35| 7.65| 2.16 |
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-37 | 0.104|212.90|234.60| 21.70| | 64.89| 71.51| 6.61| 3.56 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-42 | 0.991|256.70|265.70| 9.00| | 78.24| 80.99| 2.74| 33.94 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-45 | 0.169|216.50|221.50| 5.00| | 65.99| 67.51| 1.52| 5.79 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-45 | 0.125|226.40|232.90| 6.50| | 69.01| 70.99| 1.98| 4.28 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-46 | 0.119| 93.40| 98.10| 4.70| | 28.47| 29.90| 1.43| 4.08 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-46 | 0.107|105.00|119.80| 14.80| | 32.00| 36.52| 4.51| 3.66 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-46 | 0.074|137.96|188.98| 51.02| | 42.05| 57.60| 15.55| 2.53 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-46 | 0.111|170.90|186.00| 15.10| | 52.09| 56.69| 4.60| 3.80 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-46 | 0.133|259.19|279.04| 19.85| | 79.00| 85.05| 6.05| 4.55 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-47 | 0.110|221.10|226.70| 5.60| | 67.39| 69.10| 1.71| 3.77 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-47 | 0.980|245.10|248.10| 3.00| | 74.71| 75.62| 0.91| 33.56 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|88-51 | 0.540|125.00|132.20| 7.20| | 38.10| 40.29| 2.19| 18.49 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|88-61 | 0.082|148.29|153.22| 4.92| | 45.20| 46.70| 1.50| 2.81 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|88-61 | 0.278|233.90|236.90| 3.00| | 71.29| 72.21| 0.91| 9.52 |
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | |
+---------+-------+------+------+------+-+------+------+------------+----------+
|88-62 | 0.119|356.60|366.50| 9.90| |108.69|111.71| 3.02| 4.08 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|88-67 | 0.091|332.19|337.11| 4.92| |101.25|102.75| 1.50| 3.12 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|88-69 | 0.107|373.40|378.80| 5.40| |113.81|115.46| 1.65| 3.66 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|88-73 | 0.168|505.25|509.84| 4.59| |154.00|155.40| 1.40| 5.75 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-76 | 0.118|395.01|401.05| 6.04| |120.40|122.24| 1.84| 4.04 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-78 | 0.041|235.89|257.48| 21.59| | 71.90| 78.48| 6.58| 1.40 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-80 | 0.211|262.93|268.01| 5.09| | 80.14| 81.69| 1.55| 7.23 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-80 | 0.197|322.87|325.69| 2.82| | 98.41| 99.27| 0.86| 6.75 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-80 | 0.202|343.34|347.83| 4.49| |104.65|106.02| 1.37| 6.92 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-82 | 0.185|323.00|332.41| 9.42| | 98.45|101.32| 2.87| 6.34 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-89 | 0.720|615.72|618.01| 2.30| |187.67|188.37| 0.70| 24.66 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-89 | 0.280|611.61|618.01| 6.40| |186.42|188.37| 1.95| 9.59 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-91 | 1.256|441.31|445.41| 4.10| |134.51|135.76| 1.25| 43.01 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-91 | 0.726|441.31|450.66| 9.35| |134.51|137.36| 2.85| 24.86 |
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-92 | 1.590|427.00|430.74| 3.74| |130.15|131.29| 1.14| 54.45 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|89-97 | 0.224|462.60|470.90| 8.30| |141.00|143.53| 2.53| 7.67 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-02 | 0.076|102.03|136.98| 34.94| | 31.10| 41.75| 10.65| 2.60 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-02 | 0.049|247.00|332.00| 85.00| | 75.29|101.19| 25.91| 1.68 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-03 | 0.100| 73.00| 77.92| 4.92| | 22.25| 23.75| 1.50| 3.42 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-04 | 0.027| 19.72| 34.94| 15.22| | 6.01| 10.65| 4.64| 0.92 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-07 | 0.503| 88.90|104.00| 15.10| | 27.10| 31.70| 4.60| 17.23 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-09 | 0.089| 52.99| 58.07| 5.09| | 16.15| 17.70| 1.55| 3.05 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-15 | 0.100|145.01|155.02| 10.01| | 44.20| 47.25| 3.05| 3.42 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-15 | 0.101|149.93|155.02| 5.09| | 45.70| 47.25| 1.55| 3.46 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-15 | 0.108|274.93|284.94| 10.01| | 83.80| 86.85| 3.05| 3.70 |
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-17 | 0.224| 55.00| 80.00| 25.00| | 16.76| 24.38| 7.62| 7.67 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-17 | 0.462|385.01|405.02| 20.01| |117.35|123.45| 6.10| 15.82 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-16 | 0.074| 75.00|185.00|110.00| | 22.86| 56.39| 33.53| 2.53 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-18 | 0.165|221.46|225.07| 3.61| | 67.50| 68.60| 1.10| 5.65 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-18 | 0.228|245.08|254.92| 9.84| | 74.70| 77.70| 3.00| 7.81 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-18 | 0.088|294.95|304.95| 10.01| | 89.90| 92.95| 3.05| 3.01 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-19 | 0.270|135.00|140.00| 5.00| | 41.15| 42.67| 1.52| 9.25 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-19 | 0.113|135.01|149.93| 14.93| | 41.15| 45.70| 4.55| 3.87 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-19 | 0.110|195.05|199.97| 4.92| | 59.45| 60.95| 1.50| 3.77 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-21 | 0.124| 50.03| 54.95| 4.92| | 15.25| 16.75| 1.50| 4.25 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-22 | 0.244|314.96|330.05| 15.09| | 96.00|100.60| 4.60| 8.36 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-22 | 0.084|315.00|406.00| 91.00| | 96.01|123.75| 27.74| 2.88 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-22 | 0.106|364.17|383.86| 19.69| |111.00|117.00| 6.00| 3.63 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-23 | 0.042|183.73|209.97| 26.25| | 56.00| 64.00| 8.00| 1.44 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.097| 34.94| 40.03| 5.09| | 10.65| 12.20| 1.55| 3.32 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.087| 60.04| 64.96| 4.92| | 18.30| 19.80| 1.50| 2.98 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.030| 98.43|144.36| 45.93| | 30.00| 44.00| 14.00| 1.03 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.054|225.00|320.00| 95.00| | 68.58| 97.54| 28.96| 1.85 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.102|260.01|264.93| 4.92| | 79.25| 80.75| 1.50| 3.49 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.072|274.93|280.02| 5.09| | 83.80| 85.35| 1.55| 2.47 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.089|280.02|284.94| 4.92| | 85.35| 86.85| 1.50| 3.05 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.227|288.71|291.99| 3.28| | 88.00| 89.00| 1.00| 7.77 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-24 | 0.112|305.12|310.04| 4.92| | 93.00| 94.50| 1.50| 3.84 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-25 | 0.050|324.80|360.89| 36.09| | 99.00|110.00| 11.00| 1.71 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-30 | 0.124| 80.05| 84.97| 4.92| | 24.40| 25.90| 1.50| 4.25 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-31 | 0.058| 62.34|101.71| 39.37| | 19.00| 31.00| 12.00| 1.99 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-32 | 0.136| 65.00|120.00| 55.00| | 19.81| 36.58| 16.76| 4.66 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-32 | 0.171| 70.05| 74.97| 4.92| | 21.35| 22.85| 1.50| 5.86 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-33 | 0.113| 20.01| 24.93| 4.92| | 6.10| 7.60| 1.50| 3.87 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-33 | 0.050|104.99|129.92| 24.93| | 32.00| 39.60| 7.60| 1.71 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-33 | 0.088|399.93|405.02| 5.09| |121.90|123.45| 1.55| 3.01 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R88-34 | 0.083|400.26|410.10| 9.84| |122.00|125.00| 3.00| 2.84 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-11 | 0.197|130.00|140.00| 10.00| | 39.62| 42.67| 3.05| 6.75 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-12 | 1.840|115.00|120.00| 5.00| | 35.05| 36.58| 1.52| 63.01 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-12 | 1.210|140.00|145.00| 5.00| | 42.67| 44.20| 1.52| 41.44 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-12 | 0.382|130.00|150.00| 20.00| | 39.62| 45.72| 6.10| 13.09 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-12 | 0.208|200.00|210.00| 10.00| | 60.96| 64.01| 3.05| 7.12 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-12 | 0.113|175.00|210.00| 35.00| | 53.34| 64.01| 10.67| 3.87 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-16 | 0.692|120.00|125.00| 5.00| | 36.58| 38.10| 1.52| 23.70 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-17 | 0.408|105.00|110.00| 5.00| | 32.00| 33.53| 1.52| 13.97 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-17 | 2.750|125.00|130.00| 5.00| | 38.10| 39.62| 1.52| 94.18 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-17 | 1.640|125.00|135.00| 10.00| | 38.10| 41.15| 3.05| 56.16 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-19 | 1.045|100.00|155.00| 55.00| | 30.48| 47.24| 16.76| 35.79 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|R93-19 | 0.283|175.00|180.00| 5.00| | 53.34| 54.86| 1.52| 9.69 |
+---------+-------+------+------+------+-+------+------+------------+----------+
| | | | | | | | | | |
| | | | | | | | |length in |Gold grade|
|trench #|Grade |from |to |length| |from |to |meters |gram Au/t |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-TR4 | 1.840| 6.40| 10.99| 4.59| | 1.95| 3.35| 1.40| 63.01 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-TR21 | 2.052| 0.00| 7.87| 7.87| | 0.00| 2.40| 2.40| 70.27 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-TR21 | 0.372| 0.00| 7.87| 7.87| | 0.00| 2.40| 2.40| 12.74 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|87-TR22 | 0.110| 37.07| 54.13| 17.06| | 11.30| 16.50| 5.20| 3.77 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|93-TR770 | 0.370| 0.00| 18.24| 18.24| | 0.00| 5.56| 5.56| 12.67 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|93-TR946 | 0.980| 10.89| 13.52| 2.62| | 3.32| 4.12| 0.80| 33.56 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|93-TR957 | 2.650| 19.23| 20.77| 1.54| | 5.86| 6.33| 0.47| 90.75 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|93-TR957 | 0.696| 18.57| 24.70| 6.14| | 5.66| 7.53| 1.87| 23.84 |
+---------+-------+------+------+------+-+------+------+------------+----------+
|93-TR988 | 0.549| 54.49| 57.28| 2.79| | 16.61| 17.46| 0.85| 18.80 |
+---------+-------+------+------+------+-+------+------+------------+----------+
In addition to the intercepts in the table above, the 2004 drilling program
intersected gold in 15 of the 17 holes drilled, some notably in a new zone.
This new zone, located on a tuffaceous bed, is located 53 metres east of the
main shear zone and represents a totally new zone as none of the previous
drill holes went as far east as this hole. The zone is cut off by several
postmineral dikes in the core, possibly indicating the presence of a second
parallel shear structure. If so, this would be the first confirmation of
bonanza high-grade gold values (greater than one ounce per ton gold) on a
parallel shear structure, opening the possibility that similar high-grade
zones may be present, along the numerous other shears identified during surface
work. The entire strike length of the new shear structure is unexplored as none
of the previous drill holes were near its projection.
Also See "Top 40 Gold Intercepts" on website.
BULK SAMPLE PROCESSED BY TECK COMINCO:
Teck Cominco smelter receipts for thebulk sample averaged 28 grams per tonne
gold plus 64 grams per tonne silver.
The 2004 soil geochemical survey identified numerous and as yet untested gold in
soil anomalies as much as 2,000 meters north of the Main Shear Zone drilling
which appear to trend in the same northeast and northwest direction as the gold
mineralization found in the shear zones around the Main Shear Zone. Gold
mineralization found in a road cut 3,000 meters north of the Main Shear Zone
drilling assayed 9.5 grams per ton gold.
Running Fox believes that these untested soil anomalies represent significant
exploration targets that are similar in geology and grade of gold mineralization
to that found around the Main Shear Zone.
Running Fox will be planning a 2011 exploration campaign at the Brett property
that will also include drilling and trenching of soil anomalies, as the prior
program opened up large areas for exploration and the development of additional
gold bearing zones.
Complete maps, geochem, and drilling history are available for review/download
on the Running Fox website.
The project has significant early stage block calculations on a small portion of
one shear zone-- and there are numerous shear zones, running under large
undrilled geochem zones with good gold values over large areas, (see Geochem in
Assessment Report).
Following further drilling a new 43-101 Technical Report will be requested that
will include all drilling and a qualifying resource calculation.
See the brief 3D Geological and drillhole movie and 3D Footwall image on website
www.foxgold.ca
Steven Schurman, CEO, Professional Geologist (US), is the named Qualified Person
for the technical contents of this news release.
Note: Source for all intercepts are 43-101 Technical Report, and Brett Gold
Assessment Report available at www.foxgold.ca and on SEDAR.
On behalf of the Board of Directors: Steven Schurman, P. Geol (US), CEO,
Director
Running Fox Resource Corp.
1 604 725 8868 www.foxgold.ca
The Company relies on legislation applicable to forward looking statements,
seeking safe harbour.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Running Fox Resource Corp. via Thomson Reuters ONE
[HUG#1503803]
Unternehmensinformation / Kurzprofil:
Datum: 05.04.2011 - 22:41 Uhr
Sprache: Deutsch
News-ID 53190
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contact information:
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Vancouver
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 200 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Running Fox Completes Gold and Silver Acquisition: SEE DRILL INTERCEPTS TABLE"
steht unter der journalistisch-redaktionellen Verantwortung von
Running Fox Resource Corp. (Nachricht senden)
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