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Entrée Gold Provides Exploration Update for 2010
Entrée Gold Provides Exploration Update for 2010
About this update from Entree Resources Ltd
[{"type":"text","content":"\n\n\n\nVANCOUVER, Apr. 13, 2010 (Canada NewsWire Group) -- /CNW/ -- Entrée Gold Inc. (TSX:ETG; NYSE AMEX:EGI; Frankfurt:EKA - \"Entrée\" or the \"Company\") is initiating exploration programs on several of its globally diversified projects.MongoliaA field crew has been mobilized to commence the 2010 Lookout Hill exploration program on Entrée's 100%-owned western portion of the Shivee Tolgoi mining licence (\"Shivee West\"), adjacent to the Oyu Tolgoi mine development project. Previous deep penetrating geophysical work has been re-evaluated over the 2009-2010 winter period. The surveys cover a belt of prospective Devonian rocks identified in earlier programs which are geologically similar to the Devonian-aged setting of the Entree-Ivanhoe Mines joint venture deposits, Hugo North Extension and Heruga, and Ivanhoe Mines' nearby Oyu Tolgoi deposits. The geophysical re-evaluation will be combined with further geochemical and geological surface work to generate new drill targets. Approximately 5,000 metres of follow-up drill testing is planned for later in 2010.The Company is also working through the mining licence application process in order to convert all or a portion of its Togoot exploration licence to a mining licence. A decision regarding the conversion application is expected shortly.USAEmpirical ProjectsAt Bisbee, Arizona, recently completed induced polarization surveys have outlined an area of high chargeability coincident with the 2 kilometre x 3 kilometre magnetic low that defines the Dixie exploration target. Dixie is located approximately 6 kilometres north-northeast of the historic Bisbee mining camp and along a prominent structural trend that extends from Bisbee northeastward through the Entrée property. Permitting for initial drill testing and follow-up geophysical surveys is in progress, with a 2,400 metre drill program planned to commence in late May or June, 2010. Additional induced polarization surveys are planned to test the 2 kilometre x 3.5 kilometre magnetic low that defines the Abbot target located 10 kilometres north of Bisbee. The Bisbee camp was the foundation of the Phelps Dodge mining company (now Freeport McMoRan), and produced over 7 billion pounds of copper from the late 1800s until 1975.No work is currently planned at Lordsburg or Oak Grove in New Mexico for the first half of 201...