Business
CARLIN-CONSTANTINE JV EXPANDS PROPERTY POSITION IN YUKON'S NEW CARLIN-TYPE GOLD DISTRICT
Apr. 14, 2011 (TheNewswire.ca) -- Constantine Metal Resources Ltd. ("Constantine")(TSX Ventu...
About this update from Carlin Gold Corporation
[{"type":"text","content":"\nCARLIN-CONSTANTINE JV EXPANDS PROPERTY POSITION IN YUKON'S NEW CARLIN-TYPE GOLD DISTRICT\n\n Apr. 14, 2011 (TheNewswire.ca) -- Constantine Metal Resources Ltd. (\"Constantine\")(TSX Venture - CEM) and Carlin Gold Corporation (TSXV:CGD) (\"Carlin\")(TSX Venture - CGD) jointly (the \"Companies\") announce the staking of 1,097 additional claims in five areas prospective for Carlin-type mineralization in the Mayo Mining District, east central Yukon, Canada. The new staking represents an almost 50% increase in the Companies' large, strategically located land package.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's Selwyn Basin. 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 3,426 claims comprising approximately 700 square kilometers (270 square miles) which represents one of the largest property positions in this new district (see attached figure).To View Map Image, Please Copy and Paste URL Below Into a New Browser:http://thenewswire.ca/client_files/2011-04-14-0.pdfThe new claims represent expansions on five properties, highlighted as follows:TUT-391 additional TUT claims (total now is 530 claims) were staked peripheral to a gold-bearing Tombstone-suite intrusive to cover potentially receptive Paleozoic and Mesozoic carbonate units as well as stream drainages containing anomalous arsenic, mercury, and antimony. The drainage samples, which have gold values as high as 350 ppb, are part of the extensive Yukon Geological Survey database (RGS).-Previous reconnaissance-scale sampling reported in Mineral Assessment Report 93420 (Yukon Mining Recorder office) on the TUT property yielded anomalous gold in soils and silts, with rock chips to 798 ppb Au.-The new claims cover over 15 kilometers of strike length along two calcareous sedimentary horizons.…./2Constantine-Carlin Joint News ReleaseApril 14, 2011Page 2X-188 additional X claims (total now is 642 claims) were staked to cover an additional 9.5 kilometers strike length along a favorable Paleozoic-age calcareous stratigraphic section.-The new claims also cover drainag...