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CARLIN -CONSTANTINE JV ACQUIRES STRATEGIC CLAIM BLOCK IN YUKON'S NEW CARLIN-TYPE GOLD DISTRICT
Feb. 28, 2011 (TheNewswire.ca) -- Constantine Metal Resources Ltd. ("Constantine")(TSX Ventu...
About this update from Carlin Gold Corporation
[{"type":"text","content":"\nCARLIN -CONSTANTINE JV ACQUIRES STRATEGIC CLAIM BLOCK IN YUKON'S NEW CARLIN-TYPE GOLD DISTRICT\n\n Feb. 28, 2011 (TheNewswire.ca) -- Constantine Metal Resources Ltd. (\"Constantine\")(TSX Venture - CEM) and Carlin Gold Corporation (TSXV:CGD) (\"Carlin\")(TSX Venture - CGD) jointly (the \"Companies\") are pleased to announce the staking of additional claims in the Mayo Mining District, east central Yukon, Canada. The 152 claim HG block (7600 acres, 31 square kilometers) borders ATAC Resources Ltd.'s (TSXV:ATC) Rau Property, where Carlin-type gold mineralization has recently been discovered. The HG claims are located adjacent to a known cinnabar and native mercury occurrence, and cover drainages that contain gold and share similar tenor pathfinder element anomalies to those at the Rau Property Osiris discovery - including samples exceeding the 95th percentile for arsenic and mercury*.The Constantine-Carlin 50/50 Joint Venture (the \"Joint Venture\") was formed in the early fall of 2010 specifically to target and explore for Carlin-type gold deposits in the Yukon. The Joint Venture moved quickly to establish a large land position in this emerging gold frontier, acquiring areas with permissive geology and drainages with strong geochemical anomalies. The Joint Venture now controls a total of 2,453 claims and approximately 500 square kilometers (195 square miles) which represents one of the largest property positions in this new district located within the Selwyn Basin, east central Yukon.Highlights of the HG Block-The claim block is adjacent to a known cinnabar and native mercury occurrence; this is believed to be the only known mercury occurrence in the district. Mercury is commonly associated with Carlin-type gold deposits and there is a known spatial relationship between cinnabar (HgS) and some large Carlin-type gold deposits in Nevada.-The claims are located approximately mid-distance between the Osiris discovery and a realgar-orpiment occurrence that was recently announced by Strategic Metals (TSXV:SMD) on its Crag property (Figure 1).-The claims cover drainages that contain elevated gold and are highly anomalous in the pathfinder elements arsenic and mercury.-Carbonate-bearing units, the most favorable hosts for Carlin-type gold deposits, are present on the claims.-The claims cover zones of clay and iron oxide alteration as i...