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Altan Nevada Announces up to 1.06 g/t Gold from Trenching at North Star Project, Carlin Trend, Nevada
VANCOUVER, Feb. 27, 2013 /CNW/ - Altan Nevada Minerals Limited, TSX.V: ANE (" Altan Ne...
About this update from Helius Minerals Limited
[{"type":"text","content":"\n\n\n\n\n\n\n\n\nVANCOUVER, Feb. 27, 2013 /CNW/ - Altan Nevada Minerals Limited, TSX.V: ANE (\"Altan Nevada\" or the \"Company\") today announces encouraging assay results from a recently completed\n trenching program at the Company's North Star Gold Project (100%) (\"North Star\") located on the Carlin Trend, Nevada.\n\n\nHighlights\n\n\nTwo exploratory trenches were excavated across a promising northerly\n trending structural corridor previously shown to be anomalous in gold,\n arsenic and antimony - key elements in Carlin-style gold deposits - to\n gain structural data in order to precisely aim drill holes at depth\n\nResults from trench samples revealed gold values up to 1.06 g/t over 3 m\n within much broader gold bearing zones ranging from 18 m wide in Trench\n 3 up to 63 m wide in Trench 2\n\nWithin the gold bearing zones, geochemical associations of arsenic,\n antimony and thallium confirm the presence of Carlin-type alteration\n and mineralization\n\nCoupled with IP Resistivity surveys previously completed by the Company,\n compelling drill targets are verified and enhanced\n\n\nMr. Kelly Cluer, Altan Nevada's Director of Exploration, stated \"These new results from trenching at North Star have revealed gold values\n up to six times higher than any previous sampling on the project. The\n strong geochemistry encountered justifies our belief that a Carlin-type\n system is present on the project. Drilling is required to test these\n upgraded targets, as a significant zone of gold mineralization may\n exist at relatively shallow depths.\"\n\n\nNorth Star Trench Results\n\n\nA total of 1,541 m of linear excavation was completed in two trenches by\n Envirotech Drilling of Winnemucca, Nevada. The program was focused on a\n prominent north-south trending structural corridor that was previously\n shown by the Company's soil grid geochemical survey to be anomalous in\n gold, arsenic and antimony over a 2 km strike length. The trenches were\n successful in exposing bedrock for sampling and geological structures\n for mapping.\n\n\nA Carlin-type gold system is present on the project, and focused within\n the \"Au-As-Sb Corridor\" as highlighted on the map below (Figure 1). The\n new trenching data verifies the presence of Carlin geochemical elements\n with a strong gold (798 ppb), arsenic (575 ppm), antimony (12.8 ppm)\n and thall...