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Foundation intersects 3.07 g/t gold over 13.9 m within 34.5 m zone averaging 1.93 g/t gold
Foundation intersects 3.07 g/t gold over 13.9 m within 34.5 m zone averaging 1.93 g/t gold
About this update from Big Ridge Gold Corp
[{"type":"text","content":"\nFoundation intersects 3.07 g/t gold over 13.9 m within 34.5 m zone averaging 1.93 g/t gold\n\n\n Jul. 20, 2010 (TheNewswire.ca) -- Vancouver B.C. July 20, 2010: Foundation Resources Inc. (TSXV:FDN) (FDN: TSX-V) [\"Foundation\" or the \"Company\"] is pleased to announce the results from the first three recently completed drill holes of its 8,000 metre drill program on the East Coldstream Deposit (the \"Deposit\") located within its Coldstream Property in Ontario.Key points Summary:-3.07 g/t gold over 13.9 m within a 34.5 metre-wide zone averaging 1.93 g/t gold-4.26 g/t gold over 4.8 m within a 26.15 metre-wide zone averaging 1.09 g/t gold-5.47 g/t gold over 6.9 m within a 13.0 metre-wide zone averaging 3.06 g/t goldTable of Significant Gold Assays\nDrill Hole From(metres) To(metres) Width(metres) Gold(grams /tonne) \nC-10-23 (North Zone) 80.40 114.90 34.50 1.93 \nIncluding: 95.30 109.20 13.90 3.07 \n 106.20 109.20 3.00 5.25 \n 112.65 114.90 2.25 3.0 \n \n(Main Zone) 205.90 227.10 21.20 0.72 \nIncluding: 205.90 207.15 1.25 3.56 \n 214.25 214.85 0.60 4.52 \n 225.85 227.10 1.25 2.90 \n \nC-10-24(Main Zone) 41.75 54.25 12.50 1.06 \nIncluding: 48.25 49.35 1.10 4.07 \n \n(North Zone) 152.85 179.00 26.15 1.09 \nIncluding: 157.45 162.25 4.80 4.26 \n \nC-10-25 (Main Zone) 105.75 157.30 51.55 0.82 \nIncluding: 105.75 113.95 8.20 1.80 \n 149.70 157.30 7.60 2.65 \n \n(North Zone) 207.35 220.35 13.00 3.06 \nIncluding: 211.90 218.80 6.90 5.47 \nAll three holes (C-10-23, C-10-24 and C-10-25) successfully intersected both the Main and North zones, located approximately 100 metres apart. Both zones were also drilled during Foundation's 2010 winter drill program and results from these zones were previously reported on March 29, April 6, and 21 2010. All of the drill holes from Foundation's current and previous drilling have intersected wide zones of gold mineralization, which include multiple zones of high-grade intersections in variable core lengths. Gold is associated with disseminated pyrite and occurs within strongly sheared and hydrothermally altered (silica, albite, sericite, magnetite and hematite) mafic to intermediate metavolcanics and quartz-feldspar porphyry intrusive rocks.Drill hole C-10-23 was drilled at 160°/-53º to a depth of 267.31 metres, C-10-24 drilled at 337º/-48º to a depth of 252.07 metres, and C-10-25 ...