CEDAR MOUNTAIN CONFIRMS DISTRICT SCALE GOLD POTENTIAL AT KELLY CREEK, ALASKA

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[{"type":"text","content":"\nCEDAR MOUNTAIN CONFIRMS DISTRICT SCALE GOLD POTENTIAL AT KELLY CREEK, ALASKA\n\n(via Thenewswire.ca)\n\n \nVancouver, British Columbia - Cedar Mountain Exploration Inc. (CED: TSXV) (\"Cedar Mountain\" or the \"Company\") is pleased to announce that ongoing mapping, soil sampling and diamond core drilling have confirmed a new gold district characterized by disseminated mineralization with strong stratigraphic controls at the Kelly Creek Project on the Seward Peninsula, Alaska. There are now at least six drillable prospects with kilometre-plus long gold-in-soil anomalies and several additional occurrences awaiting assay results within a 10 by 20 km area.\n\n\n \n\"We are pleased with the progress of the 2011 program which continues to advance the project's signature as a new district with the potential to host multiple bulk tonnage gold deposits\" stated Charles Chebry, President and CEO. \"Initial drilling has been completed at three prospects and recent soil assays have upgraded and expanded three additional prospects to drillable status. Although assays are pending, preliminary XRF data have identified highly anomalous pathfinder elements in both soils and core. We are very encouraged by the scale and character of mineralization in this new district.\"\n\n\n \n2011 Soil Surveys: Upgraded Prospects\n\n\n \nAnalytical data for soil surveys completed in late June and early July have upgraded the South Fox, North Fox, and Jaeger prospects to drillable status.\n\n\n \nSouth Fox\n\n\n \nThe South Fox prospect is located 4.4 km west-northwest of Kelly Creek. The new analytical data define two zones with highly anomalous gold values in soils.\n\n\n \nZone 1 is 1200 meters long and 50 to 150 m wide. It is open in two directions along strike and gold values within the anomaly are up to 284 ppb. The host rocks are graphitic mica quartz schist in contact with micaceous marble.\n\n\n \nZone 2 is 300 m long and 200 m wide. It is open along strike in one direction and gold values within the anomaly are up to 132 ppb. Host rocks include carbonaceous and calcareous schist interlayered in calc-schist and micaceous marble.\n\n\n \nNorth Fox\n\n\n \nThe North Fox prospect is 3.3 km northwest of Kelly Creek. The gold-in-soil anomaly is 500 m long and up to 300 m wide. It is open in two directions along strike and gold values are up to 468 ppb wit...

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