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DAR Darelle Online Solutions Inc

0.15
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Darelle Online Solutions Inc TSXV:DAR 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 0.18 0 00:00:00

Darwin Obtains Drill Permits for the Suriloma Gold Project, Peru

13/06/2013 1:50pm

Marketwired Canada


Darwin Resources Corp. ("Darwin" or "The Company") (TSX
VENTURE:DAR)(PINKSHEETS:DARWF)(FRANKFURT:DWU): Dr. Graham Carman, President &
CEO, is pleased to announce that the Company has received final permits to allow
drilling to commence immediately at the Suriloma epithermal gold project,
located in the Department of La Libertad, Peru. The drill contractor is now
mobilizing the drill rigs and crews to site for initiation of the drill program.


Dr. Carman states: "This is great news that has been eagerly awaited, and will
allow the Suriloma gold property to be drill tested for the first time. Darwin
plans to commence drilling immediately at the La Puerta area, one of the
principal gold targets at the Suriloma project. Up to 12 diamond drill holes
covering a strike length of 1,000 metres have been planned to test the gold
potential of the quartz stockwork zone to a depth of about 150 metres. Two
man-portable drill rigs will be utilized to speed up the drilling process,
maximise cost efficiencies and reduce the drilling footprint. The drill rigs
will be mobilized to site over the next few days." 


The final permit received from the Peruvian Ministry of Energy and Mines, termed
the Authorization to Initiate Activities, allows up to 12 drill platforms but
may be extended to 20 drill platforms upon approval of a modified program under
a Category 1 approval.  


The Suriloma project is located in a prolific gold belt in Peru, 30km along
strike from Barrick's Lagunas Norte mine and 50km from Rio Alto's La Arena mine.
Darwin's channel sampling at La Puerta highlighted a gold mineralized quartz
stockwork zone covering 1,300 metres long open-ended and up to 100m wide within
two sub-parallel zones reporting to oxide mineralization. Channel sampling
included 16 metres @ 2.12 grams per tonne (g/t) gold from Zone A, and 29 metres
@ 1.60 g/t gold from Zone B. Epithermal quartz veins which cut the same
mineralized area also offer additional high-grade potential. Surface samples
returned up to 11 g/t gold and 290 g/t silver from quartz veins over 2 metres
width.  


Channel samples were dug to a depth of 30-40cm depth across continuous
sub-cropping zones using pick and chisel with each continuous channel sample
being 2m in length. Channel samples are considered representative of the in-situ
mineralization sampled and channel widths quoted approximate the true width of
the mineralization, except where thick soil cover obscured the mineralized
structure and in these areas channel samples were not collected. Samples were
assayed for gold by Certimin laboratory in Lima using a 50g fire assay with an
atomic absorption finish. 


The qualified person, Dr. Graham Carman, Darwin's President and CEO, and a
Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and
verified the technical contents of this release. 


About Darwin Resources Corp. (TSX VENTURE:DAR)(PINKSHEETS:DARWF)(FRANKFURT:DWU):

Darwin is a resource acquisition and development company focussing on Peru. The
Company has an option to acquire 100% of the Suriloma epithermal gold property
in the Department of La Libertad. 


On behalf of the Board,

Dr. Graham Carman, President & CEO 

Forward-Looking Statements This Company News Release contains certain
"forward-looking" statements and information relating to the Company that are
based on the beliefs of the Company's management as well as assumptions made by
and information currently available to the Company's management. Such statements
reflect the current risks, uncertainties and assumptions related to certain
factors including, without limitations, failure to successfully complete
intended financings, capital and other costs varying significantly from
estimates, production rates varying from estimates, changes in world metal
markets, changes in equity markets, uncertainties relating to the availability
and costs of financing needed in the future, equipment failure, unexpected
geological conditions, imprecision in resource estimates or metal recoveries,
success of future development initiatives, competition, operating performance,
environmental and safety risks, delays in obtaining or failure to obtain
necessary permits and approvals from local authorities, and other development
and operating risks. Should any one or more of these risks or uncertainties
materialize, or should any underlying assumptions prove incorrect, actual
results may vary materially from those described herein. Although Darwin
believes that assumptions inherent in the forward-looking statements are
reasonable, forward-looking statements are not guarantees of future performance
and accordingly undue reliance should not be put on such statements due to the
inherent uncertainty therein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Darwin Resources Corp.
Investor Information
Mariana Bermudez
+1 (604) 685 9316
info@darwinresources.com
www.darwinresources.com

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