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Sampling Locates New Zone of Copper-Gold Mineralization
Sampling Locates New Zone of Copper-Gold Mineralization
About this update from Exgen Resources Inc.
[{"type":"text","content":"\nSampling Locates New Zone of Copper-Gold Mineralization\n\n\n Jun. 7, 2010 (Filing Services Canada) -- Boxxer Gold Corp. (BXX - TSX Venture), (\"Boxxer\" or the \"Corporation\") is very pleased to provide an update on exploration activities related to its 100% owned Boss porphyry copper-gold project located in the Goodsprings Mining District, southwest Nevada.  Highlights of the current sampling program are outlined below. Highlights: * Ongoing discussions with the Bureau of Land Management (\"BLM\") regarding approval to commence an 8,000 metre diamond drilling program to test 12 of the 32 IP anomalies outlined in two areas of the project;* Two new zones of copper-gold mineralization have been located in the Boss Extension skarn including 1.92% copper and 0.72 g/t gold in area chip samples; * A zone of skarn hosted copper-cobalt-silver mineralization has been located at the former Surprise Mine with values up to 3.41% copper, 17.8 g/t silver and 0.55% cobalt; and,* A large area of silicified limestone intruded by a quartz monzonite dike yielded values ranging from 0.05 to 0.52 g/t gold and 1.10 to 13.70 g/t silver south of the Keystone Thrust Fault.Boxxer's President and CEO, Elmer B. Stewart, explained, \"The geochemical data and other criteria suggest the Boss Extension skarn is near the centre of the potential porphyry system.  Our work continues to locate new zones of copper-gold mineralization that provide a better understanding of the District and its porphyry copper potential. The recent recognition of a 16 kilometre long, wide, intensely folded structural zone cut by north-south faulting that hosts multiple intrusives and at least five areas of mineralized skarn strongly support the porphyry copper-gold model being used to explore the Boss Project.\"Boxxer's new land acquisitions around the Boss property and copper showings can be viewed here: http://www.usetdas.com/maps/boxxermap.pdf.       Diamond Drilling Program:Boxxer is preparing to commence an 8,000 m diamond drilling program to test 12 of the 32 IP targets outlined to date on the Boss project.  The IP survey completed to date covered approximately 20% of the Boss project.  An extension to the Notice of Work has been filed with the Bureau of Land Management (BLM).  An update will be...