Business
Goldmember Minerals Inc. announces start of drilling at Alexis Gold Property
VANCOUVER, March 3 /CNW/ - Goldmember Minerals Inc. (TSX.V: "GMV") ("the Company" or "Goldmember"...
About this update from Gmv Minerals Inc
[{"type":"text","content":"\n\n\n\nVANCOUVER, March 3 /CNW/ - Goldmember Minerals Inc. (TSX.V: "GMV") ("the\nCompany" or "Goldmember") is pleased to announce that it has started drilling\nat its 100% owned Alexis Gold property in central British Columbia.\n\n\nThe drilling will comprise an initial 2,000 metres in up to 8 holes and\nwill test both high chargeability and high resistivity priority targets over a\n4 kilometre long trend. This area has been selected on the basis of favourable\nregional-scale features from government airborne magnetic data with\nintersecting northwest and northeast trending faults.\n\n\nRegional geochemical surveys, both government and private, including\nrock, silt till and lake sediment samples show a cluster of anomalous gold,\nsilver, arsenic, antimony and molybdenum values coincident with the IP\ntargets. It is anticipated that the drilling will take up to 5 weeks to\ncomplete.\n\n\nWesley Raven, P. Geo., VP Exploration, is the qualified person and takes\nresponsibility for the technical disclosure in this news release.\n\n\nGoldmember Minerals Inc.\n\n\n------------------------\n\n\nGoldmember Minerals Inc. is a mineral exploration company focused\nprimarily on epithermal style gold and silver projects in central British\nColumbia. The Company is well financed having recently completed its\nqualifying transaction and concurrent financing of C$2,545,000. Goldmember has\namassed a sizeable land position upon which it has completed an extensive\namount of work to date. Recent exploration programs conducted on the 100%\nowned Nechako and Alexis Properties have successfully: identified several\ncorresponding conductivity and related resistivity geophysical anomalies\nlocated at depth which display the characteristics of an epithermal style\nmineralized body; confirmed a positive correlation with MMI geochemical\nsampling and 3D Induced Polarization results within a favourable geological\nsetting; and identified numerous priority targets within the claim boundaries\nthat coincide with regional geophysical trends with coincidental geochemical\nanomalies suitable to host further epithermal gold-silver and porphyry\ncopper-gold style mineralization.\n\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n\n-----------------------------------\n\n\nAlistair MacLennan, President\n\n\nStatements about the Corporation...