We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Gold Reach Resourses Ltd Com Npv | TSXV:GRH | 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 | - |
Gold Reach Resources Ltd. (TSX VENTURE:GRH) is pleased to announce the Company has received all remaining assay results from its 20 hole winter drill program at the Seel property, central British Columbia. The objective during this winter drill campaign was three fold; better define the walls of the Cu-Au porphyry with tighter infill drilling, identify width and plunge of the Seel Breccia pipe and test the extent of the Cu-Mo porphyry with one hundred metre step out drilling. A list of the new mineralized intervals from holes S08-69 to S08-80 is seen below. Previous results from drill holes S08-60 to S08-68 can be viewed in the Company's last news release, dated May 1, 2008. ---------------------------------------------------------------------------- Section (045 degree HOLE FROM TO LENGTH CU% AU_GT AG_GT MO_PPM ZN_PPM Target look) ---------------------------------------------------------------------------- Cu-Au S08-69 73.15 110.00 36.85 0.319 0.288 0.7 42 46 Zone 4800N ---------------------------------------------------------------------------- S08-69 117.50 312.50 195.00 0.281 0.296 0.5 9 39 " " ---------------------------------------------------------------------------- Cu-Mo S08-70 48.77 175.00 126.23 0.128 0.081 0.4 176 95 Zone 4700N ---------------------------------------------------------------------------- S08-70 182.50 200.00 17.50 0.076 0.108 0.7 83 188 " " ---------------------------------------------------------------------------- S08-70 255.00 267.50 12.50 0.085 0.167 1.8 14 80 " " ---------------------------------------------------------------------------- Cu-Mo S08-71 30.48 313.03 282.55 0.109 0.077 0.6 186 112 Zone 4600N ---------------------------------------------------------------------------- 4800N Cu-Au drilled S08-72 83.82 125.00 41.18 0.246 0.246 0.4 5 41 Zone N ---------------------------------------------------------------------------- S08-72 155.00 255.00 100.00 0.497 0.430 5.6 5 314 " 4900N ---------------------------------------------------------------------------- S08-72 282.50 300.00 17.50 0.082 0.045 0.3 49 226 " 4900N ---------------------------------------------------------------------------- S08-72 310.00 317.50 7.50 0.116 0.029 1.5 18 99 " " ---------------------------------------------------------------------------- Cu-Mo S08-73 25.00 35.00 10.00 0.046 0.049 0.3 54 74 Zone 4500N ---------------------------------------------------------------------------- S08-73 57.50 237.50 180.00 0.094 0.100 0.2 164 125 " " ---------------------------------------------------------------------------- West of S08-74 neg zone 4200N ---------------------------------------------------------------------------- West of S08-75 neg zone 4200N ---------------------------------------------------------------------------- S08-76 90.00 97.50 7.50 0.218 0.051 7.9 5 3100 ---------------------------------------------------------------------------- West of S08-77 132.50 135.00 2.50 0.133 0.020 4.9 10 143 zone ---------------------------------------------------------------------------- Seel Breccia 5000N / Cu-Au drilled S08-78 6.10 42.50 36.40 0.209 0.173 7.8 31 2829 Zone S ---------------------------------------------------------------------------- Cu-Au S08-78 147.50 155.00 7.50 0.116 0.103 0.2 17 25 Zone " ---------------------------------------------------------------------------- S08-78 190.00 200.00 10.00 0.091 0.111 0.3 8 29 " 4900N ---------------------------------------------------------------------------- S08-78 207.50 225.00 17.50 0.105 0.120 0.3 8 23 " " ---------------------------------------------------------------------------- S08-78 232.50 242.50 10.00 0.148 0.134 0.3 10 17 " " ---------------------------------------------------------------------------- S08-78 262.50 287.50 25.00 0.108 0.150 0.7 17 36 " " ---------------------------------------------------------------------------- Cu-Au Zone (ended in S08-78 297.50 303.90 6.40 0.224 0.315 1.5 30 58 mineral) " ---------------------------------------------------------------------------- Cu-Mo S08-79 37.50 205.00 167.50 0.100 0.063 0.3 90 63 Zone 4700N ---------------------------------------------------------------------------- Seel S08-80 lost Breccia 5000N ---------------------------------------------------------------------------- Over 67 drill holes now identify at least two distinct mineralized copper - gold and copper -molybdenum porphyry systems, flanked by a copper - silver rich breccia pipe. The entire mineralized area occurs as a horseshoe shaped feature with combined arms of the horseshoe extending at least 1100 metres long and up to 200 metres wide. Mineralization is porphyry in style and is hosted exclusively in Cretaceous rocks of the Bulkley intrusive suite, similar to the Huckleberry, Bergette, Whiting Creek and Ox Lake porphyry copper deposits. Within this larger zone of porphyry mineralization is a very significant Cu-Au stock and a flanking Seel breccia pipe which the Company plans to investigate further. The stock measures 370 meters by 220 metres and has intruded and overprinted the earlier copper molybdenum porphyry. The breccia pipe occurs inside the open portion of the mineralized horseshoe 100 metres to the northwest of this gold rich stock and measures approximately 200 metres in diameter. Here, the high-grade copper-silver-zinc mineralization of the breccia occurs on the outer flanks of the pipe and plunges distinctly towards the Cu-Au porphyry. Combining the higher grade nature of the Seel breccia with the nearby copper-gold stock confirms this area as a potential exploration target for future drilling. Some examples of significant drill intercepts from the Seel Breccia and the Cu-Au zone are listed below: ---------------------------------------------------------------------------- HOLE FROM TO LENGTH CU% Au g/t Ag g/t Zn % AREA ---------------------------------------------------------------------------- Seel S04-02 40.40 68.50 25.35 0.515 0.060 12.8 0.07 Breccia ---------------------------------------------------------------------------- Seel S06-42 22.00 160.00 138.00 0.845 0.065 22.1 1.65 Breccia ---------------------------------------------------------------------------- Seel S08-61 25.00 82.50 57.50 0.667 0.077 22.2 0.24 Breccia ---------------------------------------------------------------------------- Seel S08-66 7.50 75.00 67.50 0.400 0.041 11.4 0.23 Breecia ---------------------------------------------------------------------------- Cu-Au S05-08 18.30 121.90 103.60 0.436 0.480 1.8 0.05 zone ---------------------------------------------------------------------------- Cu-Au S06-24 12.19 127.20 115.01 0.349 0.373 1.2 0.03 zone ---------------------------------------------------------------------------- Cu-Au S06-40 36.00 138.00 102.00 0.445 0.469 0.4 0.01 zone ---------------------------------------------------------------------------- Cu-Au S08-72 155.00 255.00 100.00 0.497 0.430 5.6 0.03 zone ---------------------------------------------------------------------------- The larger portion of this mineralized feature or horseshoe is enriched in copper and molybdenum and has been drilled on 100 metre stepouts. All of the drill hole data on the Seel Breccia has been forwarded to Wardrop Engineering in order for them to complete an NI 43-101 compliant resource calculation. Conrad Swanson, president of Gold Reach states "that with the 16.1mil/tonnes of moly-copper at Ox Lake (see news release Feb 5, 2008) and the forth coming resource at Seel, we will be seeking interested partners to assist us in advancing the Seel and Ox Lake projects" For the complete list of the 80 holes drilled to and the company's interpretation of the projects to date please click on the following link: drill hole compilations All the core was split and sent to the Assayers Canada Labs preparation facility in Telkwa, B.C., and then to Vancouver, B.C., for analysis. All samples underwent a multi-element analysis by ICP/MS and wet geochem for gold. Gold Reach owns 90% of the Seel property and Consolidated Abbadon 10% Technical information in this news release has been reviewed by Derrick Strickland, P.Geo. a qualified person as defined in NI 43-101. About Gold Reach: Gold Reach Resources Ltd. is a Canadian exploration company actively involved in the development of the Seel and Ox Lake projects, a 17,149.5 hectare copper-gold-molybdenum-silver project located 120 kilometres south of Houston, BC and eight kilometres east of the producing copper-molybdenum Huckleberry Mine. ON BEHALF OF THE BOARD OF DIRECTORS Conrad Swanson, President Safe Harbour Statement: The Company relies upon litigation protection for "forward-looking statements."
1 Year Gold Reach Resourses Ltd Com Npv Chart |
1 Month Gold Reach Resourses Ltd Com Npv Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions