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17.16 g/t Au across 9.5m - Roxmark reports continued definition of high-grade gold at EP Zone target

TORONTO, July 29 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today announced that ongoing dri...

articleAtlas Salt IncJuly 29, 20094/company/atlas-salt-inc/news/1716-gt-au-across-95m-roxmark-reports-continued-definition-of-high-grade-gold-at-ep-zone-target
17.16 g/t Au across 9.5m - Roxmark reports continued definition of high-grade gold at EP Zone target

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[{"type":"text","content":"\n\n\n\nTORONTO, July 29 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today\nannounced that ongoing drilling by Premier Gold Mines Limited (TSX-PG) as\noperator continues to define significant high-grade gold mineralization in\nmultiple zones at the Hardrock Project in Northwestern Ontario. The current\nprogram, consisting of delineation and exploration drilling, will continue\nthroughout 2009 and is expected to result in an NI 43-101 compliant resource\nestimate by year end.\n\n\nRoxmark has a 30% carried interest in the Hardrock Project which is host\nto several past-producing mines that collectively produced nearly 3.0 million\nounces of gold primarily from relatively shallow depths (600 metres) between\n1938 and1968. Importantly, the Hardrock Project has the potential for defining\nseveral styles of mineralization capable of hosting resources, with grades and\nwidths similar to many of Ontario's major gold mines including open pit-style\nmineralization with grades exceeding 1.5 g/t Au (Timmins, Hemlo), broad zones\nof mineralization with grades averaging 5.0+ g/t Au (Musselwhite), and narrow\nvein zones with higher gold grades often exceeding 7.0g/t (Red Lake, Pickle\nLake). The Hardrock Project benefits from development advantages with the\nTrans-Canada Highway, Trans-Canada Pipeline, and major power lines running\nthrough the centre of the property.\n\n\nDrilling for the balance of the year will focus on defining both open pit\nand underground mineralization such that the property can be moved towards\nadvanced exploration and feasibility. Drilling at the EP Zone target continues\nto exceed expectations, having now intersected mineralization over a strike\nlength of some 650 metres and to depths approaching 200 metres in the central\nportion of the deposit. Additionally, drilling continues to intersect\nmineralization in the South Porphyry Zone ("SP"), continuing to define the\nzone down-plunge, returning high grade gold within multiple zones. Recent\nhighlights (some previously released) include:\n\n\n- EP Zone: 5.21 grams per tonne gold (g/t Au) across 37.0 metres (m)\n within the North Limb\n 6.51 g/t Au across 18.4 metres within the North Limb\n 19.03 g/t Au across 11.3 metres in step-out drilling on the\n South Limb\n\n- SP Zone: 6.63 g/t Au across 28.1 metres within the SP Zone underground\n target\n 6.6...

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