Boxxer extends mineralized gold shear zone by 1.5 km at Gordon Lake gold project

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[{"type":"text","content":"\n\n\n\nCALGARY, March 11 /CNW/ - Boxxer Gold Corp.'s (TSXV - "BXX") today\nannounced the results of the recently completed resistivity survey over the\nSyn zone gold prospect. The results show an extended shear zone open to the\nnortheast, on its 100%-owned Gordon Lake gold project located approximately\n110 km northeast of Yellowknife, NWT. The property covers 6,000 acres and is\nunderlain by complexly folded, weakly metamorphosed turbidites of the Burwash\nGroup, andesite and basalt volcanics and gabbroic intrusive dikes, suggestive\nof gold mineralization.\n\n\nHighlights of the survey are:\n - Similar geochemical structure as found in past producing Giant and\n Consolidated Yellowknife mines at the Gordon Lake property;\n - The resistivity anomaly is interpreted to reflect silicification\n related to the gold mineralization in the Syn zone; and\n - It is interpreted that the same shear zone that hosts the Union\n and Main zones, also hosts the Syn zone and 14 other zones of gold\n mineralization located approximately 1.5 km to the northeast.\n\n\nMr. Elmer Stewart, President and CEO of Boxxer stated, "The technical\ndata from the Gordon Lake project clearly identifies an environment for shear\nhosted gold mineralization similar to the Consolidated Yellowknife and Giant\nmines which produced approximately 13 million ounces of gold over a 50-year\nmine life."\n\n\nExploration Models:\n\n\nThe table below demonstrates the similarities between the past-producing\nGiant and Yellowknife Consolidated mines and the Gordon Lake project, owned by\nBoxxer Gold.\n\n\n-------------------------------------------------------------------------\n Giant and Yellowknife Gordon Lake (17 zones\n Consolidated Mines owned by Boxxer Gold)\n-------------------------------------------------------------------------\nMineralization Cross cutting en enchelon bodies, steeply dipping at\n 70 degrees within sericite-quartz-carbonate altered\n shear zones\n-------------------------------------------------------------------------\nGold Mineralization Strong arsenic geochemical signature and a\n signature pyrite-pyrrhotite-arsenopyrite-spalerite-galena-\n chalcopyrite mineral association\n-------------------------------------------------------------------------\nMineralized bodies Up to 150 m long Up to 140 m long\n-----------------------...

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