DGAP-News: Big Rock Resources announces Lucky Thirteen Bulk Sampling Progress Update
(firmenpresse) - DGAP-News: Big Rock Resources Inc. / Key word(s): Development of Sales
Big Rock Resources announces Lucky Thirteen Bulk Sampling Progress
Update
30.08.2011 / 16:47
---------------------------------------------------------------------
VANCOUVER, BRITISH COLUMBIA CANADA -- (IMMEDIATE RELEASE) -- AUGUST 30,
2011
Big Rock Resources Inc. (1BR.F, ISIN CA0894851066, WKN A1JJYB, website -
http://bigrockresources.com) is pleased to announce that the bulk sampling
program at Lucky Thirteen is making excellent progress in accessing the
gravels down to design depths. This program is primarily designed to add to
the areas of the claim that have been tested with modern production
equipment. The testing continues to produce quite high volumes of black
sands, and visible gold continues to be seen in concentrate samples.
Sufficient samples are now in inventory to begin early metallurgical
testing. Within a week, SBig Rock Resources will have representative
samples, a few hundred pounds of concentrate, processed through
production scale gravity separation equipment. This is the first phase of
quantifying the portion of total values that are free visible gold, and the
portion of the values that is combined in or with other minerals or
compounds.
The Lucky Thirteen property is near Hope, BC, is 168 ha (415 acres) in
size. The targeted deposit covers an area of approximately 50 ha (124
acres) of the entire placer claim.
About the Lucky 13 Gold Placer Claim
The Lucky Thirteen Placer Claim, near Hope, BC, is 168 ha (415 acres) in
size. The claim is staked is on the historic Union gravel Bar, located on
the north bank of the Fraser River. The targeted deposit covers an area of
approximately 50 ha (124 acres) of the entire placer claim. Assuming
results as expected, the Joint Venture plans to initiate mining operations
as soon as all necessary approvals and equipment are acquired. Big Rock
Resources Ltd. has agreed to fund the initial evaluation program for
$400,000 USD, and provide funding up to $8.5 million USD to place the
property in full production.
About Big Rock Resources
Big Rock Resources was formed in January 2010. Big Rock Resources is a
resource company commercializing gold bearing properties in the Province of
British Columbia. The Company is currently focusing on the Lucky Thirteen
Placer Project near Hope, British Columbia,.
The Company is currently reviewing additional acquisitions in North
America, as well as potential joint venture opportunities in South America.
About Siga Resources Inc
Siga Resources Inc, founded in 2007, is based in South Lake Tahoe,
California. Siga is a mineral resource exploration and development company.
Siga's strategy targets properties that have the potential for near term
production and early positive cash flow. Siga's general geographical
interest is North and South America.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this
press release. This press release contains forward-looking statements that
involve risks and uncertainties. Words such as 'will,' 'anticipates,'
'believes,' 'plans,' 'goal,' 'expects,' 'future,' 'intends,' and similar
expressions are used to identify these forward-looking statements. Actual
results could differ materially from those anticipated in these
forward-looking statements for many reasons, including the risks we face as
described in this press release.
Contacts:
Ken Van Boeyen
President
Big Rock Resources Inc.
703-938 Howe St.
Vancouver, BC V4Z 1N4
Phone: 1-604-800-2955
End of Corporate News
---------------------------------------------------------------------
30.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
137545 30.08.2011
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
" alt="SilverCrest Announces Second Quarter Earnings of $790,000 and Cash Flow from Operations of $3.1M
Datum: 30.08.2011 - 16:47 Uhr
Sprache: Deutsch
News-ID 60625
Anzahl Zeichen: 5451
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 269 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Big Rock Resources announces Lucky Thirteen Bulk Sampling Progress Update"
steht unter der journalistisch-redaktionellen Verantwortung von
Big Rock Resources Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
