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Ansell Capital Announces Joint Venture Partner Great Bear Commences Drilling At Etzel Gold Project, Yukon
(via Thenewswire.ca) September 19, 2011 - Ansell Capital Corp. (TSX.V: ACP, "Ansell") and Gre...
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[{"type":"text","content":"\nAnsell Capital Announces Joint Venture Partner Great Bear Commences Drilling At Etzel Gold Project, Yukon\n\n(via Thenewswire.ca)\n\n \nSeptember 19, 2011 - Ansell Capital Corp. (TSX.V: ACP, \"Ansell\") and Great Bear Resources Ltd. (TSX-V: GBR, \"Great Bear\") are pleased to announce that Great Bear has begun Phase 1 drilling at the Etzel Gold project located in the Dawson Gold Belt, Yukon. (See news release dated July 14, 2011 for the full terms of the joint venture agreement).\n\n\n \nPhase 1 exploration will consist of approximately 2,000 metres of diamond drilling, testing the on-strike continuity of gold-silver mineralization from the Klaza property of Rockhaven Resources Ltd. (TSX-V: RK, \"Rockhaven\") and Ansell's Charlotte property. These properties are contiguous with the Etzel property to the northwest and southeast and are all located within a 15 kilometre long, generally 2.5 kilometre wide gold mineralized trend that includes the past producing Mount Nansen mine.\n\n\n \nBoth the Klaza and Charlotte properties were the focus of multi-drill programs during 2010 and 2011 and have released results including 36.50 metres of 3.23 g/t gold and 117.7 g/t silver (Rockhaven news release dated July 11, 2011) and 23.05 metres of 11.04 g/t gold (Ansell news release dated September 6, 2011).\n\n\n \nGreat Bear has the option to earn up to a 65% interest in the 1060 ha Etzel Gold project through its Option and Joint Venture agreement with Ansell. The Etzel property hosts gold- and silver-rich polymetallic soil geochemical anomalies similar to those present on the adjacent Klaza and Charlotte properties, with historic trenching that has produced results including 6.0 metres of 6.05 g/t gold and 15.3 g/t silver.\n\n\n \nIn addition to diamond drilling, Phase 1 exploration will include surface trenching and geochemical sampling to define drill targets.\n\n\n \nMr. Chris Taylor, M.Sc. P.Geo, is the Qualified Person as defined by National Instrument 43-101 responsible for the accuracy of this news release.\n\n\n \nFor further information please contact Mr. Jevin Werbes, President of Ansell at 604-921-1810 or Mr. Chris Taylor, P.Geo, President of Great Bear at 604-681-0037.\n\n\n \nOn behalf of the Board of Directors\n\n\n \n\"Jevin Werbes\"\n\n\n \nJevin Werbes, President\n\n\n \nAnsell Capital Corp.\n\n\n \nFor further information,...