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Boxxer Expands Gold-Silver Zone at Crescent Peak, Nevada
Apr. 12, 2011 (Filing Services Canada) -- Boxxer Gold Corp. (BXX - TSX Venture, BXXRF - OTCBB_P...
About this update from Exgen Resources Inc.
[{"type":"text","content":"\nBoxxer Expands Gold-Silver Zone at Crescent Peak, Nevada\n\n Apr. 12, 2011 (Filing Services Canada) -- Boxxer Gold Corp. (BXX - TSX Venture, BXXRF - OTCBB_Pink_Sheets), is pleased to report results of a follow-up sampling program at its 100% owned Crescent Peak project located approximately 30 kilometers South of Boxxer's Boss property in southern Nevada.  Highlights of the sampling are summarized below: Crescent Peak Highlights: * The sampling has confirmed the presence of significant gold and silver values along the entire 1,700m strike of the zone sampled to date,* The gold and silver values are increasing toward the eastern part of the structure of which an 800m strike length has not been sampled, and* The gold-silver mineralization is characterized by higher concentrations of copper-lead-zinc suggesting a lower level in the gold-silver system compared to higher levels of arsenic-stibnite-mercury in the upper levels of the system outlined in the previous sampling program.Sampling:The sampling covered the lower portion of the silicified structure downhill from the sampling completed in late 2010. The area chip sampling was performed at approximately 50m intervals along and across the same structure that hosts the Double Standard mine to determine the consistency and continuity of the gold-silver mineralization.  The gold-silver mineralization occurs in silicified zones within strong argillic altered gneiss.  Thirteen samples were collected along the silicified structure and returned gold values ranging from 0.02 g/t - 0.4 g/t gold and 0.5 g/t - 6.4 g/t silver. Elmer B. Stewart, Boxxer's President and CEO, stated \"These results are encouraging and show continuous significant gold-silver values over the strike length and width of the structure sampled to date.  Detailed sampling of the higher portions of the structure which has an interpreted strike length of 800m located uphill from the Double Standard mine is required.  The higher base metal values located in this round of sampling are consistent with mineral zonation typically observed in the lower portions of an epithermal gold-silver system.\"  Boss Project Update:Diamond drill hole DDH-06-2011 is currently at a depth of 200m and drilling in variably altered coarse grained limestone/marble with specific interva...