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Desert Gold Ventures Inc.: Initial Main Zone Drilling Program Completed, Goldbanks Project; Pershing County, Nevada
Desert Gold Ventures Inc.: Initial Main Zone Drilling Program Completed, Goldbanks Project; Persh...
About this update from Kinross Gold Corporation
[{"type":"text","content":"\nDesert Gold Ventures Inc.: Initial Main Zone Drilling Program Completed, Goldbanks Project; Pershing County, Nevada\n\n\n Feb. 2, 2009 (Baystreet.ca) -- VANCOUVER, BRITISH COLUMBIA -- Desert Gold Ventures Inc. (\"Desert Gold\" or the \"Company\") (TSX VENTURE: DAU) is pleased to announce the results for the 2008 drilling activities in the Main Zone resource area located at the south end of the Goldbanks Property. The Main Zone is the principal resource area defined at Goldbanks and the program was designed to define the geometry of the numerous high-grade veins that form the feeder system to the Company's NI 43-101 surface deposit resource of 556,700 ounces of gold. (See News Release dated March 28, 2006) (see NI 43-101 Technical Report dated February 27, 2006, filed on SEDAR March 28, 2006: www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00020859) The high-grade zones were intersected by previous drilling campaigns and are located primarily within the Cube, the northerly area of the Main Zone resource area. Once the vein systems are defined, then the lateral and down-dip extensions can be followed. Previous exploration was successful in defining this resource but was not determining the principal controls of the high-grade vein mineralization. A portion of the program was also designed to test several areas of near surface mineralization. Significant intercepts from the 2008 drill holes are tabulated below:\n\nTable of 2008 Main Zone Drill Holes\n-------------------------------------------------------------------\nGold\nHole Number From To Feet (oz/t)\n-------------------------------------------------------------------\nGB08-8 422 446 25.0 0.011\n--------------------------------------------------\n493 520 27 0.176\n--------------------------------------------------\nInc. 493 510 17.0 0.011\n--------------------------------------------------\nInc. 510 515 5.0 0.040\n--------------------------------------------------\nInc. 515 520 5.0 0.875\n--------------------------------------------------\n550 677 127 0.036\n--------------------------------------------------\nInc. 550 600 50.0 0.012\n--------------------------------------------------\nInc. 600 622.5 22.5 0.085\n--------------------------------------------------\nInc. 614 618 4.0 0.370\n--------------------------------------------------\nInc. 622.5 638.0 15.5 0...