DGAP-News: Big Rock Resources announces Lucky Thirteen Placer- Metallurgical Update
(firmenpresse) - DGAP-News: Big Rock Resources Inc. / Key word(s): Miscellaneous
Big Rock Resources announces Lucky Thirteen Placer- Metallurgical
Update
12.09.2011 / 19:00
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Big Rock Resources announces Lucky Thirteen Placer- Metallurgical Update
VANCOUVER, BRITISH COLUMBIA CANADA -- SEPTEMBER 12, 2011
Big Rock Resources Inc. (1BR.F, ISIN CA0894851066, WKN A1JJYB, website -
http://bigrockresources.com) is pleased to report that the Lucky Thirteen
bulk sampling program continues toward its conclusion on target and within
the planned budget. It has been noted that there has been an increase in
the amount of visible gold as the testing has progressed to the west
portion of the property.
The analysis and metallurgical study portion of the project has been
initiated. Placer concentrate samples, taken discreetly from each 5 foot
level in the test pits are continuing to show free gold. These several
hundred pound samples are stored on site and representative portions are
being sent for initial assay, as generated.
Five separate concentrate samples were recently run over a production scale
vibrating table, to test the ability to separate the visible free gold from
the black sands. Vibrating or shaker tables are a common tool in placer
mines and one of the most cost effective methods available. This test
proved that the majority of free gold is separable by wet gravity methods
and also generated composite samples which are designed to determine if
precious metals values exist in the inner structures of the crystaline
black sands and ultimately to determine if additional processing will add
to the project economics. Analysis of the heads, middlings and tails of the
shaker table test are currently underway.
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
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139021 12.09.2011
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