SGX Extends Timmins North Deposit to Depth by over 200 meters

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[{"type":"text","content":"\n\n\n\n\n\nSXR:TSX-Vwww.sgxresources.com\n\n\nWINNIPEG, Sept. 6, 2011 /CNW/ - Dale Ginn, President and CEO of SGX\n Resources Inc. (SXR:TSX-V) is pleased to report that exploration\n drilling from surface has significantly extended the Timmins North or\n Tully gold deposit to depth with multiple high grade intercepts.  Drill\n hole # SGX-11-78 intersected 5.9 g/tonne (0.17 oz/ton) over 7.2 meters\n (23.6 ft) at over 300 meters below surface. The deepest hole for which\n results are available to date is # SGX-11-87 which cut 9.1 g/tonne\n (0.27 oz/ton) over a drilled length of 2.5 meters (8.2 ft) at 500\n meters below surface near the known eastern extents of the deposit . \n Higher grade intersections were obtained as well as demonstrated by\n drill hole #  SGX-11-86, cutting 42.7 g/tonne (1.25 oz/ton) over 1.0\n meters (3.3 ft), and by drill hole # SGX-11-90 which intersected 16.9\n g/tonne (0.49 oz/ton) over 1.1 meters (3.6 ft). These intersections\n represent a 200 meter extension to depth at the eastern known\n extremities of the deposit.  Infill drilling continues in the upper 200\n meters of the deposit in order to define and upgrade the deposit, while\n exploration drilling continues in order to extend the deposit along\n strike and to depth.  Multiple intersections were obtained in a number\n of drill holes and visible gold was commonly observed. The Timmins\n North gold deposit is owned 50% by San Gold Corporation (SGR: TSX) and\n 50% by SGX Resources Inc. with SGX being the operator.\n\n\nAll holes from this phase of drilling are listed below:\n\n\nHole #\n\n \n\nFrom (m)Zone/Lens\n\n \n\nTo (m)\n\n \n\nLength m  (ft)\n\n \n\nGold g/tonne (oz/ton) \n\n \n\nSGX-11-78\n\n \n\n309.0\n\n \n\n316.2\n\n \n\n7.2 \n\n\n(23.6)\n\n \n\n5.9\n\n\n(0.17)\n\n \n \n\nTN #1\n\n\nSGX-11-86\n\n \n\n420.0\n\n \n\n421.0\n\n \n\n1.0 \n\n\n(3.3)\n\n \n\n42.7\n\n\n(1.25)\n\n \n \n\nTN #1\n\n\nSGX-11-87\n\n \n\n517.5\n\n \n\n520.0\n\n \n\n2.5 \n\n\n(8.2)\n\n \n\n9.1\n\n\n(0.27)\n\n \n \n\nTN #1\n\n\nSGX-11-90\nand\n\n \n\n425.6\n459.0\n\n \n\n428.5\n460.1\n\n \n\n2.9\n1.1\n\n\n(9.5)\n(3.6)\n\n \n\n4.3\n16.9\n\n\n(0.13)\n(0.49)\n\n \n \n\nTN #1\nTN #2\n\n\...

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