[Marinir] {Disarmed} Ansell Capital (TSX-V: ACP) Drills 11.04 g/t Gold over 23.05 Metres
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Tue Sep 6 18:27:29 CEST 2011
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http://www.ansellcapital.com/
ANSELL CAPITAL CORP. ANNOUNCES DRILL RESULTS AT CHARLOTTE PROPERTY,
YUKON
Ansell Capital Corp. (TSX-V: ACP
http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=ACP®ion=C&lookup=symbol&snapshot=default
) is pleased to announce results on the first nine holes from drilling
at the Charlotte gold project in the Tintina gold belt, Yukon
Assays have been received for the first nine diamond drill holes,
totalling 1492 metres, from the recently completed 20 hole drill program
on the Flex and Orloff King Zones at the Charlotte property located in
the prolific Tintina belt. Previous historical drilling by other
operators in the general area returned encouraging results such as drill
holes DDH-10-243, which contained an intersection of 28.9 metres
averaging 5.06 grams per tonne (g/t) gold and DDH-10-248, which
contained 8.60metres averaging 5.00 g/t gold.
Drilling this year has intersected broad well-mineralized zones,
enhancing the potential for a bulk mineable deposit to be hosted on the
property.
Highlights include:
DDH-11-257 11.04 g/t Au over 23.05 m
DDH-11-254 3.38 g/t Au over 12.40 m
DDH-11-255 2.29 g/t Au over 18.45 m
DDH-11-259 3.00 g/t Au over 14.55 m
DDH-11-258 2.45 g/t Au over 12.50 m and
DDH-11-262 11.71 g/t Au over 6.60 m.
Detailed results are shown in the following table (All drill results are
on the Flex Zone):
Hole From To Width Au
(m) (m) (m) g/t
DDH-11-254 92.4 104.8 12.4 3.38
Az 060 includes 97.2 98.5 1.3 22.21
Dip -65
118 125.3 7.3 1.11
148.6 154 5.4 3.09
includes 150.6 154 3.4 4.45
DDH-11-255 108.1 111 2.9 1.03
Az 078
Dip -65 112.9 114.25 1.35 1.22
118.15 136.6 18.45 2.29
includes 126 133.5 7.5 5.14
DDH-11-256 23.3 27.9 4.6 0.41
Az 078
Dip -50 56.9 58.6 1.7 1.47
71.15 81.1 9.95 3.83
includes 77.5 81.1 3.6 7.63
91.6 97 5.4 1.13
includes 93 93.5 0.5 9.64
DDH-11-257 20.12 22.12 2 0.8
Az 038
Dip -50 30.3 53.35 23.05 11.04
includes 47.66 52.85 5.19 43.16
DDH-11-258 29.82 32.9 3.08 3.29
Az 045 includes 31.8 32.9 1.1 8.26
Dip -52
50.9 63.4 12.5 2.45
includes 57.9 63.4 5.5 4.31
includes 61.85 62.55 0.7 16
69.2 77.15 7.95 1.78
includes 75 75.9 0.9 10.3
85 88.05 3.05 0.44
DDH-11-259 55.9 70.45 14.55 3
Az 079 includes 58.1 60.3 2.2 16.26
Dip -50
83.5 92.15 8.65 3.41
includes 88.3 92.15 3.85 6.94
includes 89.85 90.55 0.7 18.6
120.2 122.7 2.5 1.64
127.3 133.23 5.93 1.21
includes 128.15 129.4 1.25 4.56
DDH-11-260b 45.12 63.41 18.29 1.45
Az 071 includes 58.75 63.41 4.66 4.37
Dip -50
119 126.7 7.7 3.1
includes 121.65 122.95 1.3 16.21
254.74 264.6 9.86 0.36
DDH-11-261 24.9 25.25 0.35 9.7
Az 045
Dip -50 53.1 69 15.9 0.89
116.58 119.8 3.22 2.16
DDH-11-262 97.85 99.6 1.75 0.9
Az 045
Dip -50 107.4 114 6.6 11.71
includes 107.4 108.6 1.2 62.8
Intersection widths are reported as downhole widths. A minimum grade of
0.2 g/t Au was applied to calculate the average grade of each section,
with no included internal waste.
It should be noted that no cutting of high grade samples has been
applied. At this time, the company has insufficient data to apply a
cutting factor that is statistically relevant to this property.
Incomplete silver assays have also been received. Once full silver
results are delivered and reviewed, a further release will be made. At
that time it is anticipated that a thorough geological analysis of these
results will also be reported.
Charlotte Property, Yukon
The property is located in the White Horse Mining District, Yukon,
approximately 180 kilometres northwest of Whitehorse and 60 kilometres
west of Village of Carmacks in the Yukon.
The property lies in a historic gold/silver mining district. Intense
exploration activities have been carried out since 1899 in the area.
Four distinct gold- and silver-mineralized zones (the Brown-McDade zone,
the Webber zone, the Huestis zone and the Flex zone) have been
identified and all but the Flex Zone have been mined historically. The
Webber, Huestis and Flex zones are located on the property. The
Brown-McDade zone, which was mined by open-pit methods, is located on an
adjacent property to the east-south east. Precious metal veins on the
surface and underground have been mined by various operators including
Pesco Silver Minerals Ltd. and most recently BYG Natural Resources Ltd.
In 2008, a regional airborne geophysical survey was conducted on the
property with the aim of locating and evaluating the extent and nature
of the mineralization in the district. The results of this survey have
added to the understanding of the property geology and are being used to
guide continuing exploration. Gold and silver mineralization occurs in
northwest-trending shear zones hosted by metamorphic and metavolcanic
rocks. The metamorphic rocks have been cut by narrow and linear
intrusive dikes and sills. Precious metal mineralization commonly occurs
in quartz-sulphide vein systems within the shear zones and halos
extending into the host rock and is associated primarily with pyrite,
sphalerite and lesser arsenopyrite and galena.
Chris M. Healey. P Geo, a director of Ansell, is the qualified person
responsible for the technical information in this release.
On behalf of the Board of Directors
"Jevin Werbes"
Jevin Werbes, President
Ansell Capital Corp.
For further information, please visit the website at www.sedar.com to
view the Company's profile or contact Jevin Werbes at 604-921-1810.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
For more information about this service, please see:
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