39.64g Au/t (1.16oz/ton) over 2.0 m and 43.97g Au/t (1.25oz/t) over 1.0 m - Premier-Roxmark results at Kailey Zone show significant increase in gold grades and widths

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[{"type":"text","content":"\n\n\n\nTORONTO, May 27 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today\nannounced new Kailey Zone drilling results from the ongoing exploration\nprogram conducted by Premier Gold Mines Limited (TSX-G) as operator of the\nGeraldton Project on the Kailey Zone.\n\n\nDrilling has now identified two broad parallel horizons existing within\nthe Kailey Zone and converging as drilling traces the horizons to the east.\nImportantly, in this area, gold grades are up to 50% higher and widths have\nincreased by 100% over the "best" previous reported results.\n\n\nHigher-grade gold mineralization and increased widths to the east are\nrecent developments within the Kailey Zone (bulk tonnage zone). Recent results\ninclude 39.64g Au/t (1.16 oz/ton) across 2.0 metres contained within a wider\nzone of mineralization which returned 5.87g/t Au across 16.0 metres, and\n42.97g Au/t (1.25 oz/ton) across 1.0 metre, contained within a wider zone of\nmineralization which returned 2.01g Au/t across 101.0 metres.\n\n\nKailey Zone\n\n\n-----------\n\n\nAs drilling continues to delineate the Kailey Zone horizon, higher-grade\nvein style mineralization has been intersected within the wider stringer zone.\nThis setting of higher-grade vein mineralization within a broad stringer zone\nis consistent with the Main Zone mined at the historic Little Long Lac Gold\nMine from which more than 600,000 ounces of gold was produced during the\nperiod 1934-53 at an average grade of 11.66g Au/t. The Kailey zone is located\napproximately 50 metres to the north of, and parallel to, the Main Zone. These\nintersections are consistent with the Company's belief that higher grade\n"shoots" could exist within the near-surface, open pit style gold\nmineralization that marks this new discovery.\n\n\nOf particular significance, drilling has now identified that parallel\nhorizons exist within the Kailey Zone (K1 - North & K2 - South) which have\nimplications for increased tonnage potential within this horizon. These\nhorizons have now been traced over a strike length of 450 metres, to depths of\nup to 200 metres, and remain open in all directions. The following table\nprovides a complete summary of recent assay results received from drilling the\nKailey Zone:\n\n\nTable 1 Significant Results at Stringer Zone - Little Long Lac Target\n Area\n\n-------------...

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