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Q-GOLD ANNOUNCES RESUMPTION OF MCKENZIE GRAY GOLD/SILVER DRILLING PROGRAM
Q-GOLD ANNOUNCES RESUMPTION OF MCKENZIE GRAY GOLD/SILVER DRILLING PROGRAM
About this update from Q-gold Resources Ltd
[{"type":"text","content":"\n\n\n\n Oct. 21, 2010 (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\nSEC 12g 3-2(b) Exemption No. 82-4931\n\nFORT FRANCES, ON, Oct. 21 /CNW/ - Q-Gold Resources Ltd. (TSX VENTURE: QGR) (http://www.qgoldresources.com) announced today that the Company has resumed exploratory diamond drilling operations on its 87.5% owned McKenzie Gray gold/silver discovery near Mine Centre, Ontario announced late last year (see Press Release dated October 28, 2009). In Phase II at McKenzie Gray, Q-Gold will drill 12 NQ "fan" holes from 5 closely spaced (15 metres) drill locations in an attempt to intersect and extend to a depth of 150 metres, the well-mineralized gold/silver zone, measuring up to 8 metres in true width, encountered last year. This zone is believed to plunge steeply to the northwest.\nBased on the results of an induced polarization (IP) ground geophysical survey completed this spring, several IP anomalies were identified on-strike to the northwest of the McKenzie Grey Vein which remain to be drill tested. The Spectral IP surveys were conducted by JVX Geophysics Ltd on several prospective gold/silver areas held by Q-Gold near Mine Centre, including the McKenzie Gray vein complex. (see Press Release dated February 19, 2010).\nAn additional 5 drill holes in the McKenzie Gray vein are currently slated to test the wide mineralized zone at 20-30 metre depths to establish the continuation of the vein system near surface. The drilling will also assess whether surface mining is warrant...