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Tiex - Drills 41 metres of 0.893 g/t gold and 77 metres of 0.316 g/t gold on bulk tonnage target at Gold Greek Project, BC
KELOWNA, BC, Jan. 23, 2012 /CNW/ - Tiex Inc. ("Tiex" or the "Company") ( TSX-V: TIX ), furt...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"\n\n\n\n\n\nKELOWNA, BC, Jan. 23, 2012 /CNW/ - Tiex Inc. (\"Tiex\" or the \"Company\") (TSX-V: TIX), further to its December 21st, 2011 news release, is pleased to announce the results from its 2011\n drill program on the bulk-tonnage sedimentary hosted gold, Gold Creek\n Project in the Quesnel Terrane of central British Columbia. The program\n consisted of 1037 m of diamond drilling and ~1464 m of reconnaissance\n reverse-circulation (\"RC\") drilling that tested geochemical soil\n anomalies and is about 36% of the total drilling program.\n\n\nFour diamond drill holes successfully tested two previously drilled\n locations and achieved significantly increased core recovery and\n reached their planned depths. These drill holes intersected numerous\n iron-carbonate altered and silicified fault zones, the largest of which\n occurred over 82 m in hole GC11-15. The highlights from these four\n holes including GC11-15 that was drilled -70 degrees to the south and\n averaged 0.316 g/t Au over 77.0 m and hole GC11-14 that was drilled -55\n degrees northward and intersected 0.362 g/t Au over 27.0 m.\n\n\nHighlights from the drilling include:\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nHole No.\n\n\nEasting (WGS84)\n\n\nNorthing (WGS84)\n\n\nTotal Length\n\n\nFrom (m)\n\n\nTo (m)\n\n\nInterval (m)*\n\n\nAu (g/t)**\n\n\nDiamond Drill Holes\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nGC11-13\n\n\n599019\n\n\n5831234\n\n\n166\n\n\n88.0\n\n\n89.0\n\n\n1.0\n\n\n2.137\n\n\nGC11-14\n\n\n599214\n\n\n5831230\n\n\n150\n\n\n4.0\n\n\n31.0\n\n\n27.0\n\n\n0.362\n\n\nGC11-15\n\n\n599211\n\n\n5831235\n\n\n261\n\n\n14.0\n\n\n91.0\n\n\n77.0\n\n\n0.316\n\n\n \n\n\n \n\n\nincl. \n\n\n \n\n\n15.5\n\n\n17.0\n\n\n1.5\n\n\n3.261\n\n\n \n\n\nand\n\n\n \n\n\n \n\n\n173.5\n\n\n212.5\n\n\n39.0\n\n\n0.131\n\n\n \n\n\n \n\n\nincl.\n\n\n \n\n\n175.5\n\n\n176.5\n\n\n1.0\n\n\n2.164\n\n\nGC11-16\n\n\n599249\n\n\n5831461\n\n\n259\n\n\n103.0\n\n\n131.5\n\n\n28.5\n\n\n0.191\n\n\n \n\n\n \n\n\nincl.\n\n\n \n\n\n124.0\n\n\n130.0\n\n\n6.0\n\n\n0.626\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n191.5\n\n\n203.0\n\n\n11.5\n\n\n0.210\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nReve...