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Boxxer Expands Drilling Program and Updates Geophysical Activities and Obtains S&P Listing in the United States

Boxxer Expands Drilling Program and Updates Geophysical Activities and Obtains S&P Listing in the...

articleExgen Resources Inc.November 10, 20104/company/exgen-resources-inc/news/boxxer-expands-drilling-program-and-updates-geophysical-activities-and-obtains-sandp-listing-in-the-united-states
Boxxer Expands Drilling Program and Updates Geophysical Activities and Obtains S&P Listing in the United States

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[{"type":"text","content":"\nBoxxer Expands Drilling Program and Updates Geophysical Activities and Obtains S&P Listing in the United States\n\n\n Nov. 10, 2010 (Filing Services Canada) -- Boxxer Gold Corp. (BXX - TSX Venture, BXXRF - OTCBB_Pink_Sheets), (\"Boxxer\" or the \"Corporation\") is very pleased to provide an update on exploration activities on the Boss and Buena Vista copper projects in Nevada.  Diamond drilling on the Boss porphyry copper project continues.  The first drill hole has been completed and the second drill hole, which is on the Boss Extension copper-gold skarn, is already underway.  At the Buena Vista Iron-Oxide-Copper-Gold project, the Quantec TITAN-24 DCIP and MT survey is proceeding and is expected to be completed in November. \"The recently completed Titan-24 survey on the Boss project has identified 24 additional targets which need to be tested,\" commented Mr. Elmer B. Stewart, President and Chief Executive Officer of Boxxer Gold Corp.  \"As a result of these new targets, we will need to amend our current Notice of Work with the Nevada Bureau of Land Management (BLM) in order to add  drilling locations.  Boxxer is completing the first ever systematic diamond drilling program in this old mining district, and we are testing a variety of different geophysical signatures, one of the many features that suggest the presence of a large porphyry copper target.  And as with every exploration program, we expect each drill hole will provide us with additional information and ultimately contribute to our success in locating porphyry copper mineralization.\"Boss Project - Diamond Drilling:The two Quantec Titan-24 surveys completed in 2010 identified a total of 56 chargeability anomalies.  These anomalies can be divided into four distinct geophysical signatures, for which the first phase of the current drilling program seeks to test and determine the source.  Upon completion of the first phase, a drilling schedule for each target will be finalized. The first drill hole on Target BE#1 (high chargeability/low resistivity/positive MT response signature) has been completed.  Logging, sawing and sampling of the core from the first hole is underway.  Analysis of the samples will be released when received.  The diamond drill...

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