Business
Emgold completes drilling on its molybdenum, tungsten and gold properties in British Columbia
TSX Venture Exchange: EMR OTC Bulletin Board: EGMCF U.S. 20-F Registration: 000-51411
About this update from Emergent Metals Corp
[{"type":"text","content":"\n\n\n\nTSX Venture Exchange: EMR\nOTC Bulletin Board: EGMCF\nU.S. 20-F Registration: 000-51411\nFrankfurt Stock Exchange: EML\n\n\nVANCOUVER, Nov. 28 /CNW/ - Emgold Mining Corporation (EMR-TSX Venture)\n(the "Company" or "Emgold") is pleased to announce that it has completed\n3,450 metres (11,300 feet) of drilling in 31 drill holes on the Stewart/Jazz\nProperty and the Rozan Property, both located in south eastern British\nColumbia.\n\n\nThe drilling program included the testing of two areas of mineralization\non the Stewart/Jazz Property. The first area has historically been explored\nfor molybdenum, having been drilled by Shell Minerals and Selco Inc. in the\nearly 1980's. Their exploration programs defined three intrusive breccia\nphases that contain significant molybdenum mineralization (see Emgold June 12,\n2007, news release). In late 2005, Emgold conducted a 500-metre diamond drill\nprogram to test the historic drill results as part of a due diligence program.\nBased on the favourable results from Emgold's drill program, additional\ndrilling was conducted this year to test for depth and lateral extensions to\nthe molybdenum-mineralized body. A total of 8 drill holes were completed\nwithin and adjacent to the molybdenum zone.\n\n\nThe second area of drill testing on the Stewart/Jazz Property lies\nadjacent to the Stewart Moly Zone and consists of an area of historic tungsten\nmineralization that was explored in the 1940s by Cominco Ltd. Emgold completed\na trenching program this year on the tungsten-mineralized zone with\nencouraging results (see Emgold November 16, 2007, news release). A total of\n22 drill holes were completed within the tungsten zone.\n\n\nDiamond drilling was also completed on the Rozan Property. Gold on the\nRozan Property is found in quartz veins, sheeted veins and stockwork zones. A\nsmall (2-hole) diamond drill program was completed on the Rozan Property by\nEmgold in 2000. One hole intersected the main Rozan quartz vein and returned a\ngold assay value of 60.73 g/t over 0.25 metres. The single drill hole was\ncompleted in the 2007 program to further test the extent of this high grade\nvein. Drilling has now been suspended due to winter weather conditions.\n\n\nAll drill core is being logged and sampled at a facility located in\nSalmo, BC. Samples are currently being shipped dir...