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King's Bay Gold Exploration Update at the Menary Project in the Kenora Mining Division of Ontario
(via Thenewswire.ca) Winnipeg, Manitoba - November 23rd, 2011 King's Bay Gold Corporation...
About this update from Lion Rock Resources Inc
[{"type":"text","content":"\nKing's Bay Gold Exploration Update at the Menary Project in the Kenora Mining Division of Ontario\n\n(via Thenewswire.ca)\n\n \nWinnipeg, Manitoba - November 23rd, 2011\n\n\n \nKing's Bay Gold Corporation (TSX.V: KBG) is pleased to report that it has now completed its 2011 drill program for a total of 17 BQ holes at its Menary Project located in the Kenora Mining Division of north-western Ontario. In 2010 and 2011, a total of 29 BQ holes were completed at the Wagg Occurrence, 3 additional BQ holes were drilled at the Galbraith \"A\" Occurrence and one additional BQ hole was drilled at the southern end of the property close to Road 404 to test a sulfide zone for mineralization.\n\n\n \nAt the Galbraith \"A\" Occurrence, an approximately 200 metre-long gold-bearing system was uncovered. It is comprised of a strongly boudinaged and sugary-textured quartz vein of up to 1 metre in width with intermittent red hematite staining in a shear / fault zone. This sugary quartz and red coloration mimics that at the Wagg Occurrence located approximately 1 kilometer south of the Galbraith \"A\" Occurrence. Grab samples from this zone have assayed up to 40.5 g/t gold (see the news release dated October 26th, 2011). Additional work between the Galbraith \"A\" and the Wagg Occurrences is needed to confirm if these gold-bearing systems are continuous.\n\n\n \nRed, sugary-textured quartz also occurs in a quartz vein swarm found at about the 73 metre depth mark in the -45 degree, 152.4 metre-long hole identified as Gal-A-11-03. When projected to surface, this quartz vein swarm is located approximately 41 metre horizontally NE from the above mentioned gold-bearing quartz vein in the shear zone. This hole is presently being logged and sampled.\n\n\n \nAfter further excavator work (pictures are available on the company's website at http://www.kingsbaygold.com/properties/menary-twp/ ) and the washing of trenches in the area, smoky quartz was found in some felsic dykes in the Galbraith \"A\" area. These have been logged, sampled and sent away for assay.\n\n\n \nGrab samples, channel samples and drill core samples are either now being processed for delivery or have already been delivered to Accurassay Laboratories located in Thunder Bay, Ontario. Accurassay Laboratories is an ISO-Certified laboratory. Assay results, along with the methodology used to pro...