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ACP ArcPacific Resources Corp

0.15
0.00 (0.00%)
18 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ArcPacific Resources Corp TSXV:ACP TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.15 0.15 0.16 0 00:00:00

Ansell Capital Corp. Announces Phase Two Soil Sampling by Ground Truth Explorations on the Dal Property, Yukon

20/09/2012 2:00pm

Marketwired Canada


Ansell Capital Corp. ("Ansell") (TSX VENTURE:ACP) is pleased to announce that a
phase two soil sampling program will commence around September 20th, 2012 on the
Dal claims, Yukon. The Phase two program will be to sample 2 small grids over
the Gold in soil anomalies which were discovered in last year's soil program
(see news release dated February 22, 2012). Ground Truth Exploration of Dawson
City, Yukon will carry out the work on the property. 


The Dal Property, Yukon

The property consists of 178 mineral claims covering an area of approximately
3,600 hectares located within an east-west corridor that hosts ATAC Resources
Ltd.'s Rau Trend (Tiger zone) to the west and ATAC's Nadaleen Trend (Osiris
zone) to the east. The claims are contiguous to ATAC's property within the
Nadaleen trend.


Historical grab samples taken from outcrops on the property have yielded
high-grade gold and copper values. Two samples taken from a showing in the east
of the property assayed 20.37 grams per tonne Au, 10.4 per cent Cu and 8.3 g/t
Au, 16.0 per cent Cu respectively. One sample taken from a showing to the west
of the property assayed 5.27 per cent Cu.


The DAL claims are located within an east-west corridor that hosts ATAC
Resources Ltd's Rau Trend (Tiger Zone) to the west and ATAC's Nadaleen Trend
(Osiris zone) to the east. Grab samples from outcrop on the property have
yielded high values of both gold (up to 20.4 g/t Au) and copper (up to 10.4%
Cu). The property is mainly underlain by a major magnetic anomaly trending
east-west (surveyed by the Geological Survey of Canada). Published geological
reports for the area characterize this anomaly as komatiitic ultramafic flows,
with associated listwaenites (silica-carbonate-fuchsite-altered serpentinites).
The komatiites are reported to be a potential source for copper-nickel-bearing
massive sulphide mineralization and the listwaenites a potential host for gold
mineralization (J-P Jutras, Yukon Exploration and Geology 2002). The ultramafic
sequences occur in an anticlinal structure, exposing a volcano-sedimentary
stratigraphic sequence in its core. These formations are overlain by a
sedimentary sequence which includes shales, sandstones and conglomerates. In
addition, resistant limestone units form prominent hilltops. 


On behalf of the Board of Directors

Jevin Werbes, President

Ansell Capital Corp.

For further information, please visit the website at www.sedar.com to view the
Company's profile.


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