Business
Tiex Inc. - Exploration Update on Its Quesnel Trough Properties, Central British Columbia, Canada
Jul. 22, 2011 (Canada NewsWire Group) -- KELOWNA, BC, July 22, 2011 /CNW/ - Tiex Inc. ("...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"\n\n\n Jul. 22, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nKELOWNA, BC, July 22, 2011 /CNW/ - Tiex Inc. ("Tiex" or the "Company") (TSX-V: TIX) is pleased to issue an update of its exploration work that the Company\n has initiated on its Horsefly Property in the Quesnel Trough area of\n central British Columbia.\n\n\nField crews have begun geological mapping, prospecting and establishing\n exploration grids for soil sampling and induced-polarization ("IP")\n surveying on its Horsefly Property.  The Horsefly Property encompasses\n bulk-tonnage sedimentary hosted gold targets (the McKaygold and\n Jamboree target areas) and several porphyry copper-gold target areas\n (the Viewland, Jack, Corey, Elbow Lake and Bosk Lake targets areas). \n Work has started on the Viewland, Elbow Lake and Corey areas.\n\n\n1. Elbow Lake area - Mapping and identified a large hydrothermal system\n within the Nicola sedimentary package cored by porphyritic andesite\n volcanic rocks and a diorite to monzonite intrusion north of Elbow\n Lake.  Outcrop is very limited but those few outcrops observed thus far\n show intense propyllitic alteration in proximity to the intrusion and\n possible Porphyry Cu-Au mineralization.  Grid preparation is complete\n and soil sampling will begin within the next few days, IP in August.\n\n\n2. Viewland area - Preparation of ~ 40 line-km of grid is on-going and\n should be complete before the end of July and IP conducted...