Business
Wesgold Minerals Inc. - Drilling complete on Snowcap Property
Wesgold Minerals Inc. - Drilling complete on Snowcap Property
About this update from Cordoba Minerals Corp.
[{"type":"text","content":"\n\n\n\n Nov. 3, 2010 (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\nVANCOUVER, Nov. 3 /CNW/ - Wesgold Minerals Inc. (TSX-V: WSG) is pleased\n to announce that a first phase program of diamond drilling has been\n completed on the Snowcap Property in central Yukon Territory.\n\n\nA total of four drill holes were completed to test for the source of\n anomalous mercury and gold values in soil overlying a\n structurally-controlled Tertiary volcaniclastic basin. \n Chalcedony-bearing tuffs and phreatic breccias with sinter clasts have\n been identified along a discontinuous 15 kilometre long trend. The\n drill holes intersected variably altered volcanic and epiclastic rocks\n with quartz, carbonate, and pyrite veining.  Assay results are pending.\n\n\nThe Snowcap Property consists of 198 claims covering 45 square\n kilometres owned 100% by Radius Gold Inc. (TSX-V: RDU). Wesgold has the\n right to earn a 60% interest in the Snowcap property by incurring an\n aggregate of $1,000,000 of exploration expenditures and issuing to\n Radius a total of 1,000,000 Wesgold shares in staged payments by\n October 30, 2013.\n\n\nIn addition to exploring the Snowcap Property, Wesgold is currently\n reviewing several generative and advanced gold projects for\n acquisition.\n\n\nAbout Wesgold Minerals\n\n\nWesgold Minerals Inc. is a Vancouver-based mineral exploration company\n focused on the acquisition and exploration of early-stage gold\n projects. \n\n\nON BEHALF OF THE BOARD\n\n\n ...