Santa Barbara Defines Multiple, Large Scale Gold Anomalies at its San Francisco Property, Maricunga Gold Belt, Region III (Atacama), Chile

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[{"type":"text","content":"\nSanta Barbara Defines Multiple, Large Scale Gold Anomalies at its San Francisco Property, Maricunga Gold Belt, Region III (Atacama), Chile\n\n Mar. 4, 2011 (Filing Services Canada) -- Santa Barbara Resources Limited (SBL - TSX Venture), is pleased to announce geochemical sampling results from its San Francisco Project located in the Maricunga District of Region III, Atacama, Chile.A total of 422 LAG samples and 5 rock samples were taken over the 7 km long, and up to 2 km wide, mapped area of hydrothermal alteration on the San Francisco property. Assay results ranged from below detection to 337 parts per billion (ppb) gold for the LAG samples. The rock samples represent float which ranged from below detection to 3.61 grams per tonne (g/t) gold.Santa Barbara's President Christoph Lassl commented: \"The geochemical sampling program has outlined extensive areas of anomalous gold which include the area of the previously reported gold bearing trenches and the occurrence of significant gold values in grab samples. Additionally, two further samples of float have returned outstanding gold values in the context of the Maricunga belt from banded black quartz veinlets and an oxidized banded quartz veinlet, further highlighting the mineral potential of the property. The results from this survey will guide the upcoming ground magnetic survey and will form a key component for the definition of drill targets at San Francisco.\"Santa Barbara has the right to acquire, subject to certain option requirements, a 100 % interest in the 3,740 hectare San Francisco gold exploration property from Sociedad Legal Minera Pomez VIII Del Campo de Piedra Pomez. The terms of this transaction are summarized in Santa Barbara's press release dated December 7, 2010.Geochemical SamplingThe geochemical sampling was conducted on east-west orientated lines with a spacing of 200 m between lines and 100 m between samples on each survey line. The LAG samples consist of the naturally occurring fine fraction (>2 mm and The geochemical survey outlined a coherent zone 1,400 metres (m) x 800 m with >5 ppb gold, including an 800 m x 500 m core zone with >20 ppb gold.  More subtle gold anomalies covering areas of 2,000 m x 900 m and 600 m x 300 m are present immediately to the east as well as further to the north of the principal anomaly. All three anomalies are full...

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