Business
Champlain Expands Land Holdings to 12,730 acres Located in Red Lake, Ontario
Feb. 9, 2011 (Filing Services Canada) -- Champlain Resources Inc. (CPL - TSX Venture) Highligh...
About this update from Copper Lake Resources Ltd.
[{"type":"text","content":"\nChamplain Expands Land Holdings to 12,730 acres Located in Red Lake, Ontario\n\n\n Feb. 9, 2011 (Filing Services Canada) -- Champlain Resources Inc. (CPL - TSX Venture)Highlights:* High grade gold samples up to 75.9 g/t Au collected from \"Pit Zone\" * Laird Lake #2 showing assays 9.33 g/t Au* Anomalous gold values collected up to 2.96 g/t Au over a 3.5 kilometer strike length in southwest section of claims* 12,730 acres 100% owned and operated by ChamplainFebruary 9, 2011, Calgary Alberta, Canada - Champlain Resources Inc. (TSX.V - CPL) (\"Champlain\" or the \"Corporation\"), is pleased to announce that recent staking initiatives have added an additional 3162 acres of mineral claims in Red Lake, Ontario. Champlain now owns and operates 12,730 acres of prospective claims in the Red Lake District.\"Champlain was very encouraged by the fall prospecting and sampling program and has taken the initiative to stake additional lands on trend with the Madsen and Starrett-Olsen Gold Deposits,\" said Chairman and CEO, Troy Mochoruk. \"Champlain will continue to take advantage of excellent gold exploration opportunities as they present themselves\".Champlain is working towards completing the previously announced private placement financing and will continue with an ongoing work program at the Red Lake project area which will now be referred to as \"The Boston Project\". The Boston Project is underlain by a portion of the prospective Red Lake Archean Greenstone Belt that hosts many of the high grade Red Lake Deposits.    New geological ideas regarding mineralization in the area will be tested during upcoming field programs.Boston Project HighlightsA total of 187 samples were collected throughout the property during the fall 2010 prospecting and sampling program.  The best results came from the re-sampling of the \"Pit Zone\" where high grade gold values up to 75.9 g/t Au were encountered.  A total of 19 grab samples were collected from this area during the program. Highlight samples have been listed in the table below.  -------------------------------------------------------               Gold Assay Highlight \"Pit Zone\"-------------------------------------------------------Sample #    Assay g/t Au&#x...