Premier - Roxmark Kailey Zone drilling returns 1.47g/t Au across 162.0 metres

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[{"type":"text","content":"\n\n\n\nTORONTO, June 26 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) today\nannounced that drilling by Premier Gold Mines (TSX:PG) as operator has\nreturned the best results to date in the recently discovered Kailey Zone at\nthe Geraldton Project in Northwestern Ontario. Drilling in the central part of\nthe Kailey Zone has returned gold intersections well in excess of 100 metres\nwhere the two broad parallel stringer horizons converge to the east.\n\n\nThe Kailey Zone is a bulk tonnage target proximal and parallel to the\nhistoric Little Long Lac Gold Mine from which more than 600,000 ounces of gold\nwere produced during the period 1934-53 at an average grade of 11.66g/t Au.\nHighlights from ongoing drilling include 1.32g/t Au across 191.2 metres,\n2.16g/t Au across 92.2 metres, 1.47g/t Au across 162.0 metres and 1.15g/t Au\nacross 140.2 metres.\n\n\nDrilling in the Kailey Zone has identified parallel horizons (K1 - North\n& K2 - South) which converge in the central and eastern sections. The latest\nthree intersections have true widths approaching 100 metres. Drilling has cut\noff the horizon to the east with mineralization remaining open primarily\ndown-plunge where drilling is currently focused. The following table provides\na summary of recent assay results received from drilling the Kailey Zone on\nSection 12+75E (dip angles: 50 (043), 60 (045), 70 (048) degrees):\n\n\nTable 1 Significant Results at Stringer Zone - Little Long Lac Target\nArea\n-------------------------------------------------------------------------\n AU AU\nHole-ID Section From To Length (m) Zone (g/t) (opt)\n-------------------------------------------------------------------------\nPLL08043 1275E - 3+30N 6.8 147.0 140.2 (460 ft) K1-K2 1.15 0.034\n Incl. 6.8 68.0 62.2 (204 ft) K2 1.23 0.036\n Incl. 85.0 147.0 62.0 (203 ft) K1 1.33 0.039\nPLL08045 1275E - 3+30N 6.0 168.0 162.0 (531 ft) K1-K2 1.47 0.043\n Incl. 27.0 72.0 45.0 (148 ft) K2 1.61 0.047\n Incl. 91.5 168.0 76.5 (251 ft) K1 1.93 0.056\nPLL08048 1275E - 3+30N 5.8 197.0 191.2 (627 ft) K1-K2 1.32 0.038\n Incl. 5.8 98.0 92.2 (302 ft) K2 2.16 0.063\n Incl. 212.0 215.0 3.0 (9.84 ft) K1a 7.06 0.206\n-------------------------------------------------------------------------\nNOTE: True widths estimated at approximately 50-70% of intersection width\n\n\nIt is Premier management's belief that these ...

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