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Altan Nevada Announces up to 6 g/t Au from Grab Sampling at Venus and up to 26 g/t Au Over 0.6 m from Trenching at Montelle
TSX.V: ANE VANCOUVER, July 31, 2012 /CNW/ - Altan Nevada Minerals Limited, (TSXV:...
About this update from Helius Minerals Limited
[{"type":"text","content":"\n\n\n\n\n\n\n\n\nTSX.V: ANE\n\n\nVANCOUVER, July 31, 2012 /CNW/ - Altan Nevada Minerals Limited, (TSXV: ANE) (\"Altan Nevada\" or the \"Company\") is pleased to announce results from a recently completed rock\n sampling campaign at the Venus copper-gold project (\"Venus\") and from the inaugural trenching program at the Montelle gold project\n (\"Montelle\"), both of which are located in the Yerington District of western\n Nevada and are 100%-owned. Targets at both Venus and Montelle have been\n upgraded, with field work to continue throughout the summer. The\n Company is also pleased to announce that the inaugural drilling program\n at the Company's 100%-owned Black Top gold project (\"Black Top\") has been completed, with results expected in coming weeks.\n\n\nHighlights\n\n\nNew zone of copper mineralization discovered at  Venus with grab sample\n assay results of up to  6 g/t Au and 0.86% Cu in a large altered granite  dike swarm, considered a prime target for\n initial  drilling, being adjacent to Nevada Copper's  Pumpkin Hollow\n project.\n\n\nTrench sampling at Montelle assayed up to 26 g/t  Au and  9.7 g/t Ag in a 0.6 m wide interval in  trench T-12, confirming the project's\n potential for  high grade gold mineralization.\n\n\nVENUS PROJECT - ROCK SAMPLING RESULTS\n18 rock samples were recently collected over the Venus project in an\n area of known gold-telluride veins along the northern border, and to\n the south in the central part of the project where a new zone of\n copper-stained granite dikes was discovered (Figure 1). Assays confirmed previous high gold, copper and tellurium results,\n and highlighted silver values up to 193 g/t along the northern border from grab samples. Moreover, a newly\n discovered altered granite dike zone was assayed with high copper (up to 0.86%) and gold (up to 6 g/t) in grab samples. These results confirm that robust mineralization\n extends southward from the rapidly developing Pumpkin Hollow deposits,\n rendering Altan Nevada's ground a prime target for an initial drilling\n program.\n\n\nAbout the Venus Project \nThe Venus project consists of 111 unpatented mining claims, covering an\n area of 876 hectares. The project is adjacent to the southern boundary\n of Nevada Copper's cluster of Cu-Fe-Ag-Au skarn deposits known as Pumpkin Hollow, ...