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NewWest Gold Corporation's Northumberland joint venture announces results from its 2006 program
NewWest Gold Corporation's Northumberland joint venture announces results from its 2006 program.
About this update from Cullinan Metals Corp
[{"type":"text","content":"\n\n\n\nLAKEWOOD, CO, March 19 /CNW/ - NewWest Gold Corporation (TSX:NWG)\n(NewWest) today announced the results for the completion of Phases One and Two\nof its 2006 Northumberland project drilling program, carried out by its joint\nventure partner, Newmont USA Limited, a subsidiary of Newmont Mining\nCorporation (NYSE:NEM) ("Newmont"). These Phase Two results complement the\nPhase One results released November 21, 2006, which revealed holes with\nhigh-grade mineralization. Located in Nye County, Nevada, Northumberland is\nNewWest's flagship and most advanced property.\n\n\nAt a total cost of US$3.033 million, the 2006 program drilled numerous\ntargets within Newmont's conceptual open pit as well as underground targets\nwithin the Southwest Zanzibar target area. In addition, early-stage targets\nwere drill-tested outside of the resource area, on the eastern and western\nrange front within the Northumberland Project area.\n\n\nThe two phase exploration program included 54 drill holes with total\nfootage of 55,357 feet. Phase Two consisted of 13 reverse-circulation rotary\n(RC) and core holes with a total footage of 21,242 feet, and Phase One\nconsisted of 41 RC and core holes with a total footage of 34,115 feet.\n\n\nSome Phase Two drill holes encountered gold mineralization approaching\nunderground-mineable grades. Hole NUN-82C encountered 30 feet of\n0.246 oz Au/ton between 1,725 and 1,755 feet; hole NUN-83C encountered 10 feet\nof 0.448 oz Au/ton between 1,650 and 1,660 feet; and NN-85 encountered 20 feet\nof 0.287 oz Au/ton between 1,455 and 1,475 feet. Phase One holes NN-63C and\nNN-64C were drilled to explore for the deeper high-grade mineralization\npreviously discovered in NN-5. Hole NN-63C encountered 25 feet of\n0.437 oz Au/ton at a depth of 1,015 feet, and Hole NN64C encountered 30 feet\nof 0.306 oz Au/ton at a depth of 830 feet. Phase One 2006 hole NN-56 reported\na 290-foot continuously mineralized zone grading 0.118 oz Au/ton that appears\nto be associated with both the Zanzibar Deposit and the lower zone discovered\nin hole NN-5.\n\n\n"NewWest has achieved significant progress at Northumberland since the\nCompany's inception," said Steve Alfers, President and Chief Executive\nOfficer. "The 2006 drilling encountered impressive grade and thickness in\nstep-outs from mineralization in a feede...