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Gordon Lake Sampling Locates High Grade Gold Mineralization up to 34.8 G/T Gold
Gordon Lake Sampling Locates High Grade Gold Mineralization up to 34.8 G/T Gold
About this update from Copper Lake Resources Ltd.
[{"type":"text","content":"\nGordon Lake Sampling Locates High Grade Gold Mineralization up to 34.8 G/T Gold\n\n\n Dec. 9, 2010 (Filing Services Canada) -- Champlain Resources Inc. (CPL - TSX Venture), and Boxxer Gold Corp. (TSX Venture: BXX) (\"Boxxer\" or the \"Corporation\") are pleased to announce assay results from a preliminary mapping and sampling program completed on the Gordon Lake gold project. The program was completed between the SYN zone and the UNION zone located at the southern end of the 6,000 acre property as a follow-up the results of an airborne geophysical survey completed in August 2010. The samples contain significant gold mineralization occurred within an area that measured approximately 160 metres by 50 metres and is open along strike.Highlights:- Seven of the 15 samples collected returned significant gold values ranging from 0.16 g/t to 34.8 g/t gold,- Gold mineralization occurs in silicified and sericitized argillites that contain quartz veining and quartz veinlets,- The gold mineralization exhibits a strong arsenic-antimony geochemical signature, and- The mineralized samples exhibit a strong increase in silica-potassium-sulfur along with a decrease in sodium, similar to the mineralization located in the Yellowknife gold district.Mr. Troy Mochoruk, President and CEO of Champlain Resources commented, \"We are very pleased with the sampling results received so far to date. Although preliminary in nature, the high grade samples obtained, and the new zone identified are very encouraging. The property is very much under explored and we see exceptional opportunity and look forward to follow up work in 2011.\"Boxxer's President and CEO, Elmer B. Stewart, explained, \"The mapping and sampling program, although preliminary in nature, has identified a new zone of gold mineralization and a number of previously unknown areas of silicification. This new zone and the other 17 zones of gold mineralization on the Gordon Lake property are interpreted to be part of a large shear hosted gold system similar to that which hosted the Giant and Con gold deposits in the Yellowknife Mining District.\"Exploration Target:The exploration target on the Gordon Lake property is gold deposits similar to the Giant and Con mines which produced approximately 13 million ounces. The 17 zones of gold mineralization identified to date on the Gordon Lake project occur ...