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Castle Peak Starts Detailed Sampling of Gold Anomalies in Preparation of Drilling

VANCOUVER, BC / ACCESSWIRE / July 20, 2016 / Castle Peak Mining Ltd. (TSXV: CAP) ("Castle ...

articleAkwaaba Mining LtdJuly 20, 20165/company/akwaaba-mining-ltd/news/castle-peak-starts-detailed-sampling-of-gold-anomalies-in-preparation-of-drilling
Castle Peak Starts Detailed Sampling of Gold Anomalies in Preparation of Drilling

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[{"type":"text","content":"Castle Peak Starts Detailed Sampling of Gold Anomalies in Preparation of DrillingVANCOUVER, BC / ACCESSWIRE / July 20, 2016 / Castle Peak Mining Ltd. (TSXV: CAP) (\"Castle Peak\" or the \"Company\"), is pleased to announce that in preparation of drilling, a field crew is being mobilized to our priority prospects at the Akorade Project located in the southern Ashanti Belt, Ghana to:\n\n Complete a more detailed auger sampling survey of the Akoko Trend prospect to expand and define the two parallel anomalies of 1,000m by an aggregate width of 200m;\n \n \n Complete initial detailed sampling at the Dansuom prospect of a coincident moderate chargeability (+10ms) and moderate resistivity (+2550ohm.m) anomaly with dimensions of 600m (open) by 200m immediately adjacent to 2011 best intercepts of 7m of 1.2 grams per tonne (\"g/t\") gold (\"Au\") and 11m of 2.9 g/t Au (see news release November 15, 2011) that are characterized by a similar geophysical anomaly;\n \n \n Complete a more detailed auger sampling survey on the conceptual geological target POW-A1/3 that initial wide spaced auger sampling partially defined as a 1,000m by 75m anomaly with a core section of 300m that returned auger soil values ranging from 0.1 g/t to 0.3 g/t Au; and\n \n \n Prospect and sample select additional areas that are considered to have high potential based on previous field evaluations (DO_New, K4, POW-B).\n\nThese prospects were first identified using 400m x 400m soil sampling compiled with inferred geology and geophysical information. Prospecting follow-up included 4m deep auger soil samples on 200m line spacing and 50m sample spacing. The resulting geochemical anomalies that define these prospects are trends of coherent samples returning greater than (\">\") 50 parts per billion (\"ppb\") gold which may contain values ranging from less than 10ppb gold to >1,000ppb gold. The proposed work program is unique to each target and will sample on 100m to 200m line spacing and 25m or 50m sample spacing. Each of these prospects combines geophysical characteristics, geochemical anomalies and geological settings favourable for the occurrence of gold deposits. These high potential prospects are within 30km on main roads from the Nzema, the Iduapriem and the Tarkwa mines.\nMaps, descriptions and additional information about of these prospects and our other pro...

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