Business
Ansell starting work on Kuyakuz Mountain, BC
Ansell starting work on Kuyakuz Mountain, BC
About this update from Surge Copper Corp.
[{"type":"text","content":"\nAnsell starting work on Kuyakuz Mountain, BC\n\n\n Apr. 20, 2010 (TheNewswire.ca) -- Mr. Jevin A. Werbes, President, Ansell Capital Corp. (TSXV:ACP) ,(TSX-V: ACP), is pleased to announce commencement of work on its Kuyakuz Mountain Project located immediately east of the Blackwater Gold Project of Richfield Ventures Corp. (OOTC:RCVTF) Ansell's 6,357 hectare property was acquired in January 2010 for the cost of staking and is in an area that is geologically similar to the Blackwater where Richfield on January 5, 2010 announced drilling results that included a 329.2 metre (1080.1 feet) drill intercept that averaged 1.25 g/tonne gold and 3.5 g/tonne silver. Richfield has stated that its goal is to discover \"…a world class bulk tonnage gold deposit\" and on February 9, 2010 announced \"…an aggressive two-stage drill program of approximately 50 diamond drill holes totaling 25,000 metres…\" with drilling to commence in early April, 2010. Gold Reach Resources Ltd. (TSXV:GRV) (OOTC:GRJVF) (Auro Property) and Troymet Exploration Corporation (Key Project) have also announced plans to explore their respective properties in proximity to the Richfield and Ansell properties.The Kuyakuz Mountain Project is located in a relatively underexplored part of central British Columbia, 125 km southeast of Vanderhoof, B. C. Nearby mineral discoveries include the \"CHU\" molybdenum deposit of TTM Resources (TSXV:TTQ) Ltd. (NI 43-101 compliant measured and indicated resource of 313,250,000 tonnes with average grade 0.060% Mo and 0.037% Cu above 0.04% Mo cut-off) and Silver Quest Resources Ltd.'s (OOTC:SQIFF) (TSXV:SQI) 3T's bonanza-style epithermal gold-silver deposit (NI 43-101 compliant inferred geological resource of 190,500 oz. gold equivalent) and the Capoose deposit (1,316,190 oz. contained gold equivalent). Silver Quest Resources plans to drill 10,000 metres at Capoose in 2010.Historically, mineral exploration in the Nechako Plateau of Central British Columbia has been limited due to the somewhat mistaken assumption that glacial deposits and Tertiary volcanic flows overwhelmingly masked the prospective older rock formations. Detailed integrated technical survey work by provincial and federal governments, Geoscience BC, and newer exploration techniques employed by industry have discredited that view and have greatly assisted ...