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CALGARY, Oct. 15 /CNW/ - Boxxer Gold Corp (TSXV - "BXX") is pleased to announce new exploration results from an ongoing exploration program on the Boss project located in southern Nevada. The new results are from the area referred to as the Boss Extension which include a continuous channel sample which assayed 7.26% copper, 0.20 g/t gold, and 20.6 g/t silver over a 5.80 metre interval. The analytical results for the systematic channel sampling of adits labelled No. 1, No. 2 and No. 4 from the Boss Extension zone (To view Figure-1 please see http://files.newswire.ca/758/Boxxer_Boss_update.doc) are listed below. The analytical results for the preliminary sampling on the Ironside Northeast zone are expected shortly.
Mr. Elmer Stewart, President and CEO of Boxxer stated, "The copper and gold grades from the recent sampling program on the Boss Extension are consistent with the results from the other mineralized areas within the Boss Extension specifically and the Boss project as a whole. These results continue to support the copper-gold porphyry potential of the Boss project".
Summary of Exploration Results:
The three adits occur over a strike length of 250 metres (m) in that area of the Boss Extension where abundant copper oxide mineralization is exposed in outcrop (see news release dated May 15, 2008). The locations of the adits are shown on Figure-1. These adits extend into bedrock for a distance of 12 metres from surface.
Visible copper oxide mineralization occurs in all three adits as disseminations, pods and veinlets of malachite hosted by coarse grained dolomite. Based on the absence of malachite in several of the samples that returned greater than 1% copper, it is suspected that other copper minerals, possibly either fine grained chalcopyrite as described by petrographic work (see news release dated July 2, 2008) or chalcocite, may be present. The analytical results are set out below.
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Adit Sample No. Interval Copper Gold PGE Silver
(m) (%) (g/t) (g/t) (g/t)
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No. 1 BE-05-08 8.00 1.52 0.198 0.028 6.20
BE-06-08 5.80 7.26 0.200 0.005 20.60
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No. 2 BE-07-08 2.70 0.71 0.193 0.021 2.80
BE-08-08 2.00 0.29 0.068 0.016 1.70
BE-09-08 3.60 6.29 0.185 0.031 20.70
BE-10-08 2.90 4.21 0.241 0.028 3.80
BE-11-08 1.20 2.06 0.238 0.040 16.70
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No. 4 BE-01-08 2.00 0.02 0.015 0.008 0.50
BE-02-08 5.00 1.15 0.131 0.017 8.90
BE-03-08 4.80 0.94 0.096 0.055 1.90
BE-04-08 7.50 0.36 0.109 0.017 1.40
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PGE (equal sign) sum of platinum and palladium concentrations
tr. (equal sign) trace
In Adit No. 1, Sample No. BE-05-08 was taken from the portal to the end of the adit, a horizontal distance of 8.0 m. The copper mineralization exposed in Adit No. 1 is open in all directions. Copper oxide mineralization is exposed in outcrop above Adit No. 1 for a vertical distance of 60 metres, for a horizontal distance of 50 metres to the southeast toward the Boss No. 2 zone and continuously in outcrop along strike to Adit No. 2 a distance of 100 metres. The copper oxide mineralization exposed in Adit No.2 is open in all directions and yielded a weighted average grade of 3.96% copper, 0.21 g/t gold, 0.03 g/t PGE, and 10.12 g/t silver over a horizontal distance of 9.2 m from the portal to the end of the workings.
The copper oxide mineralization exposed in Adit No. 4 is open in all directions and yielded a weighted average grade of 0.59% copper, 0.10 g/t gold, 0.03 g/t PGE, and 1.59 g/t silver over a horizontal distance of 12.3 m from the portal to the end of the workings.
Metallurgical Test Work:
G&T Metallurgical Services have commenced test work on individual samples of the copper-gold mineralization from the Boss and Oro Amigo zones. The samples have been composited, grind calibrations have been completed and samples of the mineralized material have been sent for mineralogical studies. On receipt of the mineralogical studies the metallurgical test work on the samples will commence.
Future Plans:
Preliminary mapping on the Ironside Block located northeast of the Boss Extension has located copper oxide mineralization exposed in outcrop and in underground workings referred to Ironside NE approximately 400 metres southeast of the Oro Amigo mineralized zone (See Figure-1). Contingent on the results of the preliminary sampling, systematic sampling of these underground workings are planned. Drillsite locations for a first phase of drilling on the Boss and Oro Amigo blocks have been identified, and located with the drilling contractor.
Sample Preparation and Analysis:
All channel samples were collected with a hammer and chisel and represent continuous sampling of the material within the sample interval. Sample weights ranged from 2 to 4 kilograms and sample intervals ranged from 2.0 to 7.6 metres. All samples were prepared ALS Chemex laboratory in Winnemucca, Nevada and were analyzed by ALS Chemex in Vancouver, British Columbia using PGM-ICP 23 for gold, platinum and palladium and ME-ICP41 for silver and copper and other metals. ALS Chemex's quality system complies with the requirements for the International Standards ISO9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the use of international and in-house standards.
Quality Control
Boxxer follows a rigorous Quality Assurance/Quality Control program consisting of inserting blanks and duplicates into the sample stream submitted to the laboratory for analysis.
Elmer B. Stewart, MSc. P. Geol., President of Boxxer, is the Corporation's nominated Qualified Person pursuant to National Instrument No.43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.
About Boxxer Gold Corp.
Boxxer Gold is a Canadian junior resource company involved in the exploration of three copper-gold projects in the state of Nevada, and a shear hosted gold project located 110 kilometres north of Yellowknife NWT, Canada.
The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or Accuracy of This Release
Forward Looking Statements: This news release contains forward - looking information including but not limited to comments regarding the timing and content of upcoming work programs and geological interpretations. Forward-looking information includes disclosure regarding possible future events and therefore, involves inherent risks and uncertainties. For any forward looking information given, management has assumed that the analytical results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements. For such statements, we claim the safe harbour for future.
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