Confederation Resumes Drilling at Newman Todd and Reports Assays from First Hole of 2013 Mid-Summer Drill Program: On-going Exploration Alternatives Discussed for this Large-Scale, Gold-bearing System Located in the Red Lake Gold Camp.

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[{"type":"text","content":"Confederation Resumes Drilling at Newman Todd and Reports Assays from First Hole of 2013 Mid-Summer Drill Program: On-going Exploration Alternatives Discussed for this Large-Scale, Gold-bearing System Located in the Red Lake Gold Camp.(via Thenewswire.ca)\n\n \nVancouver, B.C.; August 23rd, 2013; Confederation Minerals Ltd. (TSX.V:CFM; OTCQX:CNRMF): (\"Confederation\" or the \"Company\") is pleased to announce assay results from the first hole of their 2013 summer drilling program at their Newman Todd gold project in the Red Lake District, northern Ontario. Confederation has the right to earn a 70% interest in the project from Redstar Gold Corp. (TSXV:RGC).\n\n\n \nDrilling was re-initiated after a hiatus following a successful winter 2012-2013 drilling program to allow for assimilation and interpretation of results to date. Significantly, the winter 2012-2013 drilling program showed that high-grade gold mineralization is present at very shallow levels within the major structural host, called the Newman Todd Structure (\"NTS\"), a zone of quartz-carbonate alteration and brecciation reaching over 200 meters in width and exceeding 2 km in strike length within the property boundaries. When combined with a deep hole which intersected gold mineralization approximately 1 km below surface, gold has been intersected over a strike length of over 1.8 km, and from surface to approximately 1 km depth (refer to previous news releases and the Company's website www.confederationmineralsltd.com). \n\n\n \nThus, drilling to date by the Company has identified an exceptionally large volume of potentially gold-bearing rock within the NTS, with most holes completed to date intersecting significant gold-bearing intersections (refer to \"hit rate\" statistics on the Company's website).\n\n\n \nDrill hole NT-151 was drilled on Section 2000NE at an angle of -50 degrees towards the southeast within an area referred to as the \"Hinge Zone\", which forms a very small portion of the approximately 2 kilometer-long gold-mineralized system. \n\n\n \nDrilling highlights of hole NT-151 are tabulated below:\n\n\n \n\n ---------------------------------------------------------\n |HoleID|  |From (m)|To (m)|Width (m)|Au (g/t)|\n |-------------------------------------------------------|\n |NT-151|  |139.0 |140.0 |1.0 |3.19 |\n |------------------------------...

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