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West High Yield announces additional 2009 gold drilling program results and closing of second tranche of private placement
West High Yield announces additional 2009 gold drilling program results and closing of second tra...
About this update from West High Yield (w.h.y.) Resources Ltd.
[{"type":"text","content":"\n\n\n\nOct. 19, 2009 (Canada NewsWire Group) -- CALGARY, Oct. 19 /CNW/ -- West High Yield (W.H.Y.) Resources Ltd. (\"West High Yield\" or the \"Company\") announces additional results from its on-going 2009 gold exploration drill program in its Midnight Crown granted claim on the western outskirts of Rossland, British Columbia. The Company previously reported the assay results from eight holes (MN09-1 through 8) through press releases dated August 5, 2009 and September 16, 2009. The Company has since completed the drilling of 10 additional vertical holes (MN09-9 through 18), of which seven have been assayed and summarized in the table below (MN09-9 through 15). Assays are conducted by Assayers Canada Laboratory and the results of the remaining three vertical wells will be released when the assays have been completed. A QA/QC grade control program for high grade samples (over 28 g/tonne Au) is being continued for confirmation by ALS Chemex and Acme Laboratories, both of Vancouver, B.C. MN09-15 intersected multiple zones of high grade gold bearing serpentinite and quartz veins returning weighted average of 40.1 g/tonne (1.41 ounces) over a true width of 2.3 m (7.5 feet) including 198 g/tonne (6.98 ounces) Au for a true width of 0.6 m (2 feet) near surface (13.9 m in drill depth). All other holes intersected multiple zones of high grade gold bearing serpentinite, including 47.8 g/tonne (1.7 ounces) Au over a true width of 1.9 m (6.2 feet) at hole MN09-11. Based on the 2009 drill core results achieved to date, the Company continues to successfully define the gold mineralization on a 10 m spaced drill hole grid on it's Midnight property in order to allow the Company to proceed with a mineral resource estimate pursuant to National Instrument 43-101.2009 Drill Gold Intersection Summary - Midnight Crown Granted Claim-------------------------------------------------------------------------Interval (m) True------------------ Length Width Gold SilverDrill Hole From To (m) (m) g/tonne g/tonne-------------------------------------------------------------------------31.3 33.0 1.7 1.5 2.08 0.1-------------------------------------------------------------MN09-9 54.0 57.0 3.0 2.3 2.44 1.1-------------------------------------------------------------62.0 68.6 6.6 5.6 1.17 0.5-------------------------------------------------------------------------M...