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BCK Blind Creek Resources Ltd

0.10
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Blind Creek Resources Ltd TSXV:BCK 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% 0.10 0.10 0.105 0 01:00:00

A Blind Creek Resources Ltd. Exploration Team Active in the Mayo Mining District Yukon Since 31st May 2012

14/06/2012 2:00pm

Marketwired Canada


Blind Creek Resources Ltd. (TSX VENTURE:BCK) ("the Company" or "Blind Creek")
reports that, since 31st May 2012, a five person Blind Creek exploration team is
actively targeting its 1055 quartz mineral claims (22,049.50 hectares) in
Central Yukon.




--------------------------------------------------------------------------
               Central Yukon Projects, Mayo Mining District               
--------------------------------------------------------------------------
item      Project                        claims      Hectares     Comments
--------------------------------------------------------------------------
1         Blende                            258      5,392.20     Pb-Zn-Ag
2         Blende-Ocelot                     372      7,774.80           Ag
3         Keno Silver                       272      5,684.80        Ag-Au
4         Yukon Carlin Gold Trend           153      3,197.70          Au?
--------------------------------------------------------------------------
Total                                      1055     22,049.50             
                                                                          
--------------------------------------------------------------------------



See location Figure 1: http://media3.marketwire.com/docs/BCK0614.pdf 

Despite residual 80% snow coverage above 3500 feet, a Blind Creek exploration
crew has been active on its Keno Silver project 15-20 km east of the Alexco high
grade silver Bellekino Mine near Keno Hill since 31st May 2012, and is now
operating within its claims on strike with the Yukon Carlin Gold Trend, with
further sampling to be carried out in the Blind Creek Blende-Ocelot project
adjacent to Carlin Trend properties before the end of June 2012, where
encouraging gold bearing float rock samples were collected and analysed last
year.


Within its 272 quartz claims in the Keno silver project, the BCR crew had few
options but to sample as low as possible in the lower creek valleys, to avoid
thawing deep snow conditions. Consequently, a gold panning heavy concentrate
sampling program was commenced focusing on creek bank material to establish
flood gold content within creek bank moss. Over a three day period, 32 pan
concentrate samples were collected besides soils, and rock float. Visually the
pan concentrate samples have proved positive despite very limited contents of
black sand. One previous trench and one drill pad were discovered on the
property. Pan concentrate samples have already been delivered to a Whitehorse
pre-prep lab for ore grade gold fire assay, gravimetric finish. 


On the 6th June, the five man Blind Creek crew commenced auger sampling soils
from its Yukon Carlin Trend 153 quartz claim property to obtain soil samples at
or below one metre depth. At the time of writing, 200 auger soil samples have
been collected in addition to seven pan concentrates from creek bank moss mat
material. Plans are to auger soil sample this property until 15th June, when
samples will be delivered to the pre-prep lab in Whitehorse.


On 18th June, the crew will commence pan concentrate sampling, in addition to
contour soil and rock sampling the Blende-Ocelot 372 quartz claim property,
where previously identified gossans were known to earlier prospectors. This
property is contiguous to the ATAC Carlin Trend and the ATAC Ocelot Lead-zinc-
silver claim group drilled in 2011, in addition to the Blind Creek
Lead-zinc-silver Blende property. 


During the 2011 season, Blind Creek crews found mineralized gossan rock float
hosting malachite - azurite as well as a mineral identified in the field as
chalcocite. Two rock float samples returned 287 ppm and 468 ppm silver, 0.569
ppm and 0.969 ppm gold, 4380 ppm and 8700 ppm copper, as well as 247 and 506 ppm
arsenic.


The Company now has an updated website with information and technical reports at
www.blindcreekresources.com. 


The technical information in this News Release has been written by Nicholas
Clive Aspinall, P.Eng., a qualified person as defined in National Instrument
43-101. 


On behalf of the Board of Directors,

J. Frank Callaghan, President and CEO

This News Release contains forward-looking statements. Forward-looking
statements are statements, which relate to future events and conditions and
therefore involve inherent risks and uncertainties. These statements are only
predictions and involve known and unknown risks, uncertainties and other factors
that may cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by these
forward-looking statements. While these forward-looking statements, and any
assumptions upon which they are based, are made in good faith and reflect our
current judgment regarding the direction of our industry, actual results will
almost always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested herein. Except as
required by applicable law, the Company does not intend to update any of the
forward-looking statements to conform these statements to actual results. All
phases of the Company's operations are subject to environmental regulation and
governmental approval and permits and there can be no assurance that the Company
will obtain all the requisite permits for future development. Mining is an
inherently risky business with large capital expenditures and cyclical metals
markets.


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