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Summary of 2015 Exploration at the Frasergold Project, British Columbia
Summary of 2015 Exploration at the Frasergold Project, British Columbia Summary of...
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[{"type":"text","content":"\n\n\n\nSummary of 2015 Exploration at the Frasergold Project, British Columbia\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nSummary of 2015 Exploration at the Frasergold Project, British Columbia\nCanada NewsWire\nVANCOUVER, Jan. 11, 2016\n\n\n\n\n\n\nVANCOUVER, Jan. 11, 2016 /CNW/ - Eureka Resources Inc. (\"Eureka\" or the \"Company\") (TSXV: EUK) announced today that it has completed an analysis of our 2015 exploration program at the Frasergold deposit, located approximately 100 kilometers east of Williams Lake, British Columbia. The program consisted of geochemical sampling to extend existing grids along trend of the known gold mineralization to the northwest, and a detailed interpretation of data collected from a 2007 airborne geophysical program, which was never subjected to detailed interpretation. \n\nSoil sampling and airborne geophysical interpretation were completed in 2015 over an extension of the Main Zone an additional 6 kilometers to the northwest. This was done to establish the presence and location of the mineralized zone over this projected length.\n\nThe recent interpretation of the 2007 airborne EM data over the Main Zone noted the presence of a specific conductive marker horizon believed to be related to the known gold mineralization in the Main Zone. This marker horizon has been projected a distance of 5 kilometers to the northwest, interrupted by at least two offsetting cross-faults, in an area of limited to no exploratory drilling.  Soil sampling has confirmed the existence of irregular, but strongly anomalous gold-in-soil anomalies over this same 5 kilometer strike length.  \n\n\"We are very pleased with these results that reveal the potential for gold mineralization in an area of the property that is underexplored,\" stated Michael Sweatman, President of Eureka. \"From this interpretation, we plan to develop new targets for a future drilling program.\"\n\nDrilling from 1983 – 2008 in the 3 kilometer strike length of the Main Zone, indicates the Main ...