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OPG

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Share Name Share Symbol Market Type
TSXV:OPG 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 -

Open Gold Drills 8.95m of 2.11 g/t Gold, 0.39% Copper and 7.0 g/t Silver

27/04/2011 1:30pm

Marketwired Canada


Open Gold Corp. (TSX VENTURE:OPG)(FRANKFURT:5OG) ("Open Gold" or the "Company")
is pleased to announce the results from the first phase of drilling at its Eholt
gold-copper Project, located in the Boundary District near Grand Forks, British
Columbia. Approximately 1,920 meters were drilled in eight core holes. Six holes
tested the Dead Honda zone and two, EH 11-04 and 05, were drilled in the Senator
zone.



                                                                     
Diamond                  From         To   Length     Gold   Copper   Silver
Drill Hole #               (m)        (m)      (m)     g/t        %      g/t
                                                                            
EH 11-01               118.48     120.76     2.28     0.43     0.05      nil
                                                                            
EH 11-02               197.00      205.3      8.3     1.45     0.35      4.5
including:                                                                  
                       201.70      205.3      3.6     2.35     0.29      4.2
                                                                            
                        212.7      218.3      5.6     0.77     0.33      3.0
including:                                                                  
                       213.65        215     1.35     1.88     0.82     11.3
                                                                            
EH 11-03                 5.11       9.00     3.89     0.62     0.14      3.8
                       114.91     115.45     0.54     2.70     0.23      4.9
                       264.26     285.60    21.35     0.35     0.11      2.0
                       313.23     317.16     3.93     0.27     0.48      nil
                                                                            
EH 11-04               No significant assays                           
                                                                            
EH 11-05                12.40      14.00     1.60     0.91      nil     13.4
                                                                            
EH 11-06               No significant assays                           
                                                                            
EH 11-07                98.85     101.05     2.65     6.66     0.46      7.0
                       104.82     105.70     0.88     1.84     0.50      8.7
                       109.00     109.66     0.66     4.23     1.53     23.3
                       121.20     130.15     8.95     2.11     0.39      7.0
                                                                            
EH 11-08                13.85      15.65      1.8     0.96    0.025      nil
                        57.57      69.38    11.80     0.41     0.04      nil



All holes drilled in the Dead Honda zone intercepted thick intervals of hornfels
and garnet+pyroxene+/-epidote skarn developed in calcareous clastic and
carbonate rocks of the Triassic Brooklyn formation. These rocks are cut by
numerous, post-mineral syenite dikes and sills of possible Eocene age. Sulfide
mineralization in the skarn consists of disseminated and semi-massive
pyrite+pyrrhotite+/-chalcopyrite. A positive correlation is seen between gold
and copper grades.


Holes EH 11-01 and EH 11-06 were drilled at 240 degrees -50 dip and 233 -50 dip,
respectively, and were designed to test north-northwest trending, east dipping
skarn mineralization exposed in trench TR07-17 (10.25 metres grading 5.31 g/t Au
and 0.21% Cu). The holes encountered weakly anomalous gold and copper
mineralization associated with strong garnet-pyroxene skarn, which may represent
the down dip extension of mineralization exposed in the trench.


Holes EH 11-02 and 03 were each drilled from the same pad, located approximately
160m east of EH 11-01, and were oriented at 233 degrees with dips of -50 and -70
respectively. The holes were designed to test the down dip extent of
mineralization cut in hole 95-4, which contained 2.7 g/t Au and 0.28% Cu over
27.82 meters. Hole EH 11-02 encountered 8.3 meters of 1.45 g/t Au and 0.35% Cu
associated with strong garnet-pyroxene skarn alteration. Hole EH 11-03 cut a
21.35 meter zone of lower grade mineralization associated with garnet-pyroxene
skarn beginning at 264 meters, which may represent the down dip extent of
mineralization encountered in Hole EH 11-02.


Drill holes EH11-07 and EH 11-08 were drilled along section, 75 and 150m
southwest of hole EH 11-02, in order to determine the orientation of the
mineralized zone in holes EH 11-02 and 95-4. Both holes encountered thick
intervals of strong garnet+pyroxene+epidote skarn alteration and sporadic Au and
Cu mineralization. The best intercepts were in hole EH 11-07, where 8.95 meters
grading 2.11 g/t gold and 0.39% copper was cut beginning at 121 meters. This
interval correlates with the zone encountered in hole 95-4, and suggests a
north-east strike and 65 degrees east dip of the mineralized zone. The zone
remains untested along strike to the northeast.


Holes EH 11-04 and 05 were drilled at the Senator showing to test gold and
copper-bearing massive sulfide lenses exposed in the south and west walls of the
Senator pit. These flat-lying lenses occur in Triassic Knob Hill chert and
porphyritic volcanic rocks, and are localized between two Eocene syenite sills.
The holes failed to cut massive sulfide mineralization, however hole EH 11-05
encountered 1.6 meters grading 0.91 g/t gold in silicified and brecciated chert.


The drill program, including logging, drill core sampling and QA/QC was
supervised by Richard Parish, P.Geo., of Coast Mountain Geological LTD. Core was
logged and sampled in a secure facility in Grand Forks, B.C. After being logged,
each box was photographed and core was split lengthwise in half using a diamond
core saw. Samples varied from 0.5m to 3.0m in length depending on geologic
contacts, degree of alteration and visible mineralization. Poly-bagged split
core was placed in security-sealed shipping sacks, which were transported to
Acme Labs in Vancouver, B.C. by Van Kam Freightways. All samples were assayed
for 36 elements using ICP-MS on a 15 gram pulp. In addition to Acme's ISO
compliant quality control program, a comprehensive QA/QC program was undertaken
by Coast Mountain personnel. This involved insertion of blind certified
standards, blanks and duplicate samples at regular intervals to verify the
accuracy of results provided by Acme.


Further drilling is planned at the Seattle Showing later in the year when
conditions are optimum for access on the Trans Canada Trail.


Jim Kermeen, M.Sc., P.Eng., a Director of Open Gold and the Qualified Person for
this release states, "I regard the Seattle as the most promising of the six
areas selected for detailed exploration on the Eholt Project and look forward to
the results from the upcoming program."


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