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Manado Completes Diamond Drill Program

(via Thenewswire.ca) November 25 , 2013 - Vancouver, British Columbia, Manado Gold Corp. ...

articleInsuraguest Technologies IncNovember 25, 20135/company/insuraguest-technologies-inc/news/manado-completes-diamond-drill-program
Manado Completes Diamond Drill Program

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[{"type":"text","content":"Manado Completes Diamond Drill Program(via Thenewswire.ca)\n\n \nNovember 25 , 2013 - Vancouver, British Columbia, Manado Gold Corp. (\"Manado\") (TSX-V: MDO) is pleased to announce that it has completed a five-hole confirmation diamond drilling program on its recently optioned Takla-Rainbow Property. In total, Manado drilled 605.8 metres on four sections spaced at 50-metre intervals. The purpose of the drill program was to confirm gold-bearing mineralization within the West zone of the Takla-Rainbow Property.\n\n \n \nThe diamond drill core was logged and 310 core samples, including quality control samples, were collected. Strict quality assurance/quality control protocols including systematic insertion of certified standard reference and blank materials into each sample batch, plus field duplicate sampling were instituted during the program. Samples were transported in security-sealed bags to Acme Laboratories in Smithers where all of the samples were prepared for gold assaying and multi-element analyses. Assay and analytical results are expected within 3 weeks.\n\n \n \nAbout the Takla-Rainbow Property\n\n \n \nThe Takla-Rainbow Property is located in northcentral British Columbia, approximately 152 kilometres north-northwest of Fort St. James or 156 kilometres northeast of Smithers. The property consists of six mineral tenures that collectively cover 4,545.34 hectares (11,231.38 acres) along the Twin Creek drainage. All of the claims are owned 100% by CJL Enterprises Ltd. of Smithers, B.C., subject to the terms of an option to purchase agreement with Manado.\n\n \n \nThe Takla-Rainbow Property was explored by several different operators between 1969 and 1992 with most work being carried out by Imperial Metals Corporation between 1985 and 1988 and Eastfield Resources Ltd. in 1990 and 1991. This exploration work included extensive soil and rock sampling programs and 87 diamond drill holes totaling 16,813 metres.\n\n \n \nHistorical exploration work discovered several structurally-controlled zones of gold-bearing sulphide mineralization, called the 'West', 'East' and 'South' zones, collectively representing a possible near-surface, bulk tonnage gold deposit. The gold-bearing mineralization is associated with extensive pyritization along the northwesterly trending and steeply dipping 'Twin Creek' shear zone. In addition to its b...

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