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Boxxer Contracts Quantec to Conduct Additional IP Survey on Boss Project; Boxxer Exhibiting at PDAC 2011, Booth # 2417B
Mar. 1, 2011 (Filing Services Canada) -- Boxxer Gold Corp. (BXX - TSX Venture, BXXRF - OTCBB_Pi...
About this update from Exgen Resources Inc.
[{"type":"text","content":"\nBoxxer Contracts Quantec to Conduct Additional IP Survey on Boss Project; Boxxer Exhibiting at PDAC 2011, Booth # 2417B\n\n Mar. 1, 2011 (Filing Services Canada) -- Boxxer Gold Corp. (BXX - TSX Venture, BXXRF - OTCBB_Pink_Sheets), is pleased to announce that it has contracted Quantec Geosciences Limited (\"Quantec\") to conduct TITAN-24 DCIP and MT DEEP IMAGING Surveys (the Survey\") to cover an area that extends from west of DDH-05-2011 to the east including the Breccia zone, the former Oro Amigo copper mine  and a portion of the Keystone Thrust Fault located on the eastern side of Boxxer's 100% owned Boss project located in the Goodsprings Mining District in southern Nevada.  Quantec has been contracted to complete approximately 23 line kilometres of Survey which is expected to commence in early March 2011.The objectives of the Survey will be to:a) Survey the western extension of the IP anomaly identified in 2010 that coincides with a magnetic anomaly and area of conductivity. This anomaly is currently being diamond drilled by DDH-05-2011.  This area also covers the western extension of the former Boss copper mine and Boss Extension skarn,b) Explore the area from the current drill location east including the 200 m by 250 m high-grade zinc-lead-silver Breccia zone, the former Oro Amigo copper mine and associated copper-gold-silver-PGM mineralized jasperoids, andc) Test a significant portion of the Keystone Thrust Fault located east of the Oro Amigo mine.   Boxxer's President and CEO, Elmer B. Stewart, commented, \"Boxxer's exploration target* on the Boss project is a porphyry copper deposit that ranges from 500 to 800 million tonnes grading from 0.7% to 1.0% copper and from 0.2 g/t and 0.4 g/t gold. The intersection of porphyritic dikes and two zones of visible copper in DDH-04-2011 and the strong geochemical anomalies in DDH-02-2010 and DDH-03-2010 strongly supports the potential for Boxxer's exploration target.  The DCIP and MT surveys to date have significantly increased our understanding of the regional structures and alteration in this part of the Goodsprings District\"* The potential quantities and grades for the exploration target on the Boss project are conceptual in nature. There has been insufficient exploration to define a resource and it is uncertain if future expl...