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Boxxer Drilling Intersects 19.1 Metres of 0.76% Copper Equivalent at Boss Porphyry Copper-Gold Project Including Significant Molybdenum Grades
Boxxer Drilling Intersects 19.1 Metres of 0.76% Copper Equivalent at Boss Porphyry Copper-Gold P...
About this update from Exgen Resources Inc.
[{"type":"text","content":"\nBoxxer Drilling Intersects 19.1 Metres of 0.76% Copper Equivalent at Boss Porphyry Copper-Gold Project Including Significant Molybdenum Grades\n\nBoxxer Drilling Intersects 19.1 Metres of 0.76% Copper Equivalent at Boss Porphyry Copper-Gold Project Including Significant Molybdenum Grades\nCalgary, Alberta: Boxxer Gold Corp. (BXX-TSXV/OTC Other-BXXRF)(\"Boxxer or the Company\") is very pleased to provide an update on recent exploration activity, including additional assays from DDH07-2011: \nThe initial analytical results for the core interval from surface to 37.1m in DDH-07-2011 were reported in a news release dated July 26, 2011.  These results are being re-stated (see table below) to provide a more complete overview of analytical results.  A plan map showing the location of DDH-07-2011 can be viewed on the Company's website at www.boxxergold.com. \nHighlights: \na) DDH07-2011 intersects a second significant interval of copper-gold-silver-molybdenum mineralization,\nb) The second mineralized interval in DDH-07-2011 averaged 0.11% copper, 0.66 g/t gold, 2.50 g/t silver and 0.043% molybdenum (0.76% copper equivalent) over a core interval of 19.1m from 191.7m to 210.8m, \nc) Three styles of mineralization intersected in DDH-07-2011, and \nd) The combined high resolution airborne magnetic and radiometric survey over the DOK copper-gold porphyry project located in northwest British Columbia has been completed, results are pending.\nBoxxer's President and CEO, Elmer B. Stewart, explained; \"We have had excellent results from the Boss Extension copper-gold skarn which is one of four large copper-gold skarns located within the 13,000 acre Boss Project.  The discovery of significant grades of copper-gold-silver-molybdenum mineralization marks a major milestone in the exploration of the Goodsprings District and the Boss porphyry copper-gold project for porphyry copper-gold deposits.  The data to date suggest multiple mineralizing events which are all related to a porphyry system.  The Boss Extension skarn will remain the focus of our exploration efforts over the next year to locate the source intrusive for the widespread copper-gold-silver mineralization, the copper-gold-silver molybdenum mineralization and the wide intervals of strongly anomalous gold values\".  \nDiamond Dri...