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King's Bay Gold Corporation Discloses Additional Drilling Results at the Menary Project in the Rainy River Mining Division of Ontario
Mar. 16, 2011 (TheNewswire.ca) -- King's Bay Gold Corporation (TSX.V: KBG) is pleased to ann...
About this update from Lion Rock Resources Inc
[{"type":"text","content":"\nKing's Bay Gold Corporation Discloses Additional Drilling Results at the Menary Project in the Rainy River Mining Division of Ontario\n\n Mar. 16, 2011 (TheNewswire.ca) -- King's Bay Gold Corporation (TSX.V: KBG) is pleased to announce further high-grade gold intersections within a 100 metre wide geologically productive area where the Company, during its 2010 field season, drilled over 6,230 feet of BQ core. The results of the last five drill-holes were significant in that they intersected anomalous to significant gold mineralization in each hole over one to four intervals in each hole, showing a wider spread of gold mineralization than had been indicated in surface exposures.Drill Holes MIN 10-12 to MIN 10-16 (5 holes) are the last of the series to be reported at this time. Below are the tabulated results for the samples taken to date. Hole MIN-10-15 intersected 0.244 opt (8.38 g/t) over 1.2ft (0.37m) from 83.2-84.4 ft. Hole MIN-10-16 intersected 0.539 opt (18.44 g/t) over 1.3 ft (0.40m) from 149.0-150.3 ft.There are several intervals that require additional sampling to see if the mineralized envelope extends beyond the intervals that were analyzed. Those results will be released appropriately. Sixteen holes were drilled to date to cover the Wagg Gold Occurrence on the Menary Township Property. The occurrence is located roughly fifteen kilometers northeast of the Richardson Township Project owned by Rainy River Resources Limited (TSXV:RR) (TSX.V: RR) and within 12 kilometres of the new discovery by Bayfield Ventures Corp. (TSXV:BYV) (TSX.V: BYV). The property is also adjacent to and along strike to the Rainy River Resources Limited drilling that has been conducted on their Off Lake Gold Project.Diamond drilling over the Wagg Occurrence has produced some positive results. Results for holes MIN-10-12 to MIN-10-16 follow below. True widths are not known at this point in time since geological interpretations are required and a further drill section is needed across the structure in order to characterize the zone.Drill Hole MIN-10-12 Two gold-bearing zones were encountered.1. 0.009 opt or 0.307 g/t from 18.3-19.3 ft. (1.0 ft or 0.30 m)2. 0.002 opt or 0.08 g/t from 28.0-33.0 ft. (5.0 ft or 1.52 m). The highest value was 0.003 opt or 0.104 g/t from 28.0-30.0 ft.Drill Hole MIN-10-13 Four gold-bearing zones were encountered.1. 0.072 o...