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McKenzie Gray Drilling Update - 2.1 metres of 143.99 g/t Silver and 1.1 metres of 36.63 g/t Gold
Feb. 23, 2011 (Canada NewsWire Group) -- FORT FRANCES, ON, Feb. 23 /CNW/ - Q-Gold Resources L...
About this update from Q-gold Resources Ltd
[{"type":"text","content":"\n\n\n Feb. 23, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nFORT FRANCES, ON, Feb. 23 /CNW/ - Q-Gold Resources Ltd. (TSX VENTURE:\n QGR) (http://www.qgoldresources.com) is pleased to announce the balance of drill results (drill holes\n QMG10-013 to QMG10-18) of its diamond core drilling program on its 93%\n owned McKenzie Gray gold/silver discovery near Mine Centre, Ontario. In\n the fall of 2010, Q-Gold completed a Phase II diamond-drilling program\n on the McKenzie Gray property consisting of 18 drill holes totaling\n 2,612 metres.\n\n\nThe McKenzie Gray property, covering a total of 1,143.2 acres, is\n subject to a Letter Agreement with First Star Resources Inc. ("FS":\n TSX-Venture Exchange) whereby First Star can obtain a 43% interest in\n the property by making payments totaling $850,000 and incurring\n expenditures of $3,150.000 over a four-year period (see press release\n dated February 11, 2011).\n\n\nHighlights of drill holes QMG10-013 to QMG10-18 on McKenzie Gray include\n 1.1 metres of 36.63 g/t gold, 60.76 g/t silver, and 1.11% zinc (QMG-10-14); 2.10 metres of 4.49 g/t gold, 143.99 g/t silver, 1.25% copper, and 8.07% zinc\n (QMG10-15); and 0.25 metres of 30.26 g/t gold and 32.40 g/t silver (QMG10-17).\n\n\nThe McKenzie Gray Prospect is a classic Archean shear-zone hosted quartz\n vein system striking northwest and dipping steeply southwest cutting\n through a felsic (trondhjemite-tonalite) intrusive. The mineralized\n zone is surrounded by an envelope...