Business
Boxxer announces commencment of drilling on Boss copper-gold project and updates corporate activities and 2012 exploration plans
CALGARY, Nov. 29, 2011 /CNW/ - Boxxer Gold Corp. ( TSX-V:BXX/OTC Other:BXXRF ) ("Boxxer" or t...
About this update from Exgen Resources Inc.
[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Nov. 29, 2011 /CNW/ - Boxxer Gold Corp. (TSX-V:BXX/OTC Other:BXXRF) (\"Boxxer\" or the \"Corporation\") is pleased to announce it has\n commenced diamond drilling on its Boss copper-gold property.  The first\n hole of the current drilling program is located on the Boss Extension\n copper-gold skarn and is testing the strike and depth extent of the two\n zones of mineralization intersected in DDH-07-2011.  Boxxer is also\n pleased to provide and update of its exploration plans for the first\n six months of 2012 as well as an update on corporate activities.\n\n\nHighlights of Boss 2011-2012 Drilling Program:\n\n\nA minimum five hole program is planned for the Boss Extension\n copper-gold skarn and the Oro Amigo zone,\n\n\nThe first hole; DDH-08-2011 will test the strike and down dip extension\n of the mineralization intersected in\n\n\nDDH-07-2011 on the Boss Extension copper-gold skarn (see news release\n dated September 6, 2011), and\n\n\nThe mineralization in DDH-B5-09 and the shape of the chargeability\n anomaly suggests that the mineralization represents a \"leakage zone\"\n from the chargeability target located below the Oro Amigo mine.\n\n\nBoxxer's President and CEO, Elmer B. Stewart, commented, \"The\n mineralized skarn intersected in DDH-07-2011 was a milestone in\n establishing the potential to locate porphyry style copper-gold\n mineralization on the Boss Property.  The significance of the\n mineralization intersected in DDH-B5-09 on the Oro Amigo has been\n greatly enhanced by the results of the 3D solids chargeability model.\n These drill results coincide with two separate, large chargeability\n anomalies and are excellent exploration targets. Boxxer is planning a\n diamond drilling program on the East Breccia property in Ontario, which\n is planned for the first and second quarters of 2012.\"\n\n\nEast Breccia Property:\nBoxxer is currently assessing the requirements to complete a diamond\n drilling program to verify the presence of the reported\n copper-silver-molybdenum mineralization intersected during drilling\n programs completed in the late 1960's and early 1970's on this\n property.   The proposed drilling program will focus on the East\n Breccia zone with a possibility of completing one or two drill holes in\n the West Breccia zone as well.  The drilling is ...