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King's Bay Gold Commences Drilling at the Sakoose Gold Mine, Dryden, ON
King's Bay Gold Corporationwww.kingsbaygold.com
About this update from Lion Rock Resources Inc
[{"type":"text","content":"King's Bay Gold Commences Drilling at the Sakoose Gold Mine, Dryden, ON\n\n\nKing's Bay Gold Corporationwww.kingsbaygold.com\n\n(204) 253-4653\n\nTSX.V: KBG\n\nKing's Bay Gold Commences Drilling at the Sakoose Gold Mine, Dryden, ON\n\nMay 12th, 2008\n\nKing's Bay Gold Corporation (TSX.V: KBG) is pleased to announce that a 10,000 metre Phase 1 diamond drill program has commenced at their 100% owned Sakoose Gold Mine Project located in Melgund Township near Dryden, Ontario.\n\nThe Sakoose Gold Mine produced gold from 1897 to 1902 until operations were suspended when the mill burned down in 1902. During that time, it was only mined to a depth of approximately 60 metres. The property has seen limited exploration since 1902 and most of the past drill holes were at shallow depths.\n\nThe property is comprised of 6 claims totaling 19 claim units (approximately 760 acres). Access to this property is excellent via a 6 km gravel road leading south from Borups Corners on the Trans Canada Highway. The Canadian Pacific Railway, a natural gas pipeline and a hydro-electric power grid all pass within approximately 6 km of the property.\n\nKing's Bay is excited with the commencement of this Phase 1 diamond drilling program at this Sakoose Gold Mine project and is looking forward to exploring this old gold mine using new technologies. John Archibald, P. Geologist is the Qualified Person under National Instrument 43-101.\n\nBobjo Mine, Red Lake\n\nThe Company is also presently conducting a 15,000 metre Phase 2 drilling program using three diamond drills at its King's Bay Gold (TSX.V: KBG) / Mainstream Minerals (TSX.V: MJO) joint-ventured Bobjo Mine Project in Red Lake, Ontario. This project continues to be the site of new discoveries that have so far included high-grade gold, strategic rare metals and rare earth elements. Additional assay results from this high-grade gold, rare earth elements and rare metals project will be released very shortly upon receipt and verification.\n\nThe Company is pleased with the progress and potential of these two projects that are host to past producing gold mines where most of the zones are open in all directions. The Company feels it has an excellent chance at exploration success this year by aggressively exploring these two past producers. Updates and results will follow as things progress.\n\nAbout Kings Bay Go...