Business
Drilling Indicates the Presence of a New Zone
Drilling Indicates the Presence of a New Zone.
About this update from Troilus Mining Corp
[{"type":"text","content":"\n\n\n\n\n(TSX.V: TLG)\n\nRICHMOND, BC, Sept. 25 /CNW Telbec/ - Tagish Lake Gold Corp. (TSX-V: TLG)\nis pleased to report on the assay results received for holes SC06-57 to \nSC06-61. These holes are part of the 5,000 metre program to outline the\nRainbow Two Zone, and to test the Ridge, Zone 2 and Kuhn mineralized zones.\n\n>\n\nHoles SC06-57 to SC06-61 were all drilled on the same section with an\napproximate 20 metre vertical spacing between the intercepts in the holes.\n\nThe new zone will be named the \"Jon Bergvinson\" Zone, or the \"Berg\" zone\nfor short, in recognition of Mr. Bergvinson's ten years as President of Omni\nResources Inc., one of the predecessor companies to Tagish, and the Company\nthat initially discovered the high grade Skukum Creek gold-silver deposit. He\nis also the person who negotiated on behalf of Omni in the amalgamation to\nform Tagish.\nHoles SC06-57 to SC06-61 indicate that the Berg zone may join the Rainbow\nTwo zone below the 1300m level. The zone has many of the same characteristics\nas the other zones at Skukum Creek, including high grade gold and silver\nvalues. Clearly, additional drilling will be necessary to determine the\nsignificance of the Berg zone.\nThe 2006 drilling program is under the supervision of Christopher Naas,\nP.Geo, of CME Managing Consultants Inc., a qualified person under NI 43-101.\nThe core is sawed in half, with one half stored for future reference. Sampling\nand assaying procedures are subject to a rigorous QA/QC program, which\nincludes insertion of standards and blanks for each batch of samples. All\nsamples were shipped in sealed packages to Eco-Tech Laboratories in Kamloops,\nBC for preparation and analyses. Samples which returned values greater than\n900 ppb Gold (Au) by ICP were fire assayed for gold.\n\nAbout Tagish Lake Gold Corp.:\n\nTagish Lake Gold Corp. explores for and develops high grade gold-silver\nmineral deposits in the Yukon Territory of Canada. The Company is currently\nfocused on its wholly owned, 178 km(2) Skukum Mineral District located 80 km\nby road south of Whitehorse. The Skukum Mineral District hosts the Skukum\nCreek gold-silver deposit and the Goddell Gully gold deposit, with a currently\ndefined measured plus indicated resource of 1,120,000 tonnes grading 8.0 g/t\nAu and 153.1 g/t Ag (MineTech June 2003, available on Sedar); and the ...