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NewWest Gold Corporation Extends Known Mineralization at Southeast Pediment
NewWest Gold Corporation Extends Known Mineralization at Southeast Pediment.
About this update from Cullinan Metals Corp
[{"type":"text","content":"\n\n\n\nReports Multi-Ounce Intercept at SEP06-104c\n\n\nLAKEWOOD, CO, Dec. 21 /CNW/ - NewWest Gold Corporation (TSX:NWG)\n(\"NewWest\") today announced that three of its 20 holes drilled at Southeast\nPediment verified high-grade occurrences, with one hole reporting significant\nthickness of near-surface high-grade mineralization. The announced results at\nSoutheast Pediment are in conjunction with NewWest's Phase Two drilling\nprogram at its Sandman Project (Sandman), located in Humboldt County, Nevada.\nSoutheast Pediment is one of the four deposits being explored at Sandman.\n\n\nPhase Two drilling at Southeast Pediment consisted of 20 drill holes,\nincluding 10 reverse circulation (RC) holes and 10 core holes with total\nfootage of 10,793 feet. In addition to Southeast Pediment, NewWest's Phase Two\nprogram at Sandman is ongoing and is designed to include an additional 80\nholes at North Hill, Silica Ridge and Abel Knoll. The estimated budget for the\ncomplete Phase Two program at Sandman is approximately US$1.2 million. Phase\nTwo results for Southeast Pediment and a map of the drill-hole locations are\navailable on the News page of NewWest's website at www.newwestgold.com.\n\n\n\"The Phase Two program at Southeast Pediment clearly achieved its\nobjectives, further defining the shape and continuity of mineralization along\nthe andesite sills.\" said Steve Alfers, President and Chief Executive Officer.\n\"SEP06-104c with 75 feet of 1.047 oz Au/ton, including 10 feet of 7.549\noz Au/ton is especially exciting and speaks to the potential of Southeast\nPediment. The program also confirmed significant thicknesses of mineralization\nat depth as seen in hole SEP06-112, including 150 feet of 0.051 oz Au/ton\nbeginning at a depth of 335 feet. Finally, the results from West Southeast\nPediment are encouraging because they identify a new high-angle structure and\na prospective exploration target.\"\n\n\nPhase Two Drill Program Objectives at Southeast Pediment\n\n\nThe objectives for the Phase Two drill program at Southeast Pediment were\nto determine the size and continuity of the mineralized zones at the andesite\nsill contacts, obtain core samples for metallurgical testing, confirm grades\nfrom previous RC holes, and explore for mineralization at the eastern margin\nof the West Southeast Pediment andesite sill.\n\n\nSelected assay ...