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West Kirkland Announces Surface Gold and Silver Values on Newly Acquired Mineral Rights, Tonopah, Nevada
VANCOUVER, British Columbia, Jan. 10, 2018 (GLOBE NEWSWIRE) -- West Kirkland Mining Inc. (TSX-V:WKM) (“West Kirkland”, “WKM” or the “Company”) is pleased to ann
About this update from West Vault Mining Inc
[{"type":"text","content":"VANCOUVER, British Columbia, Jan. 10, 2018 (GLOBE NEWSWIRE) -- West Kirkland Mining Inc. (TSX-V:WKM) (“West Kirkland”, “WKM” or the “Company”) is pleased to announce a number of significant surface gold and silver assay values on newly acquired 100% controlled mining claims near Tonopah, Nevada. Recently received surface sampling results support historically reported good gold grades and silver veins of interest. The results also outline several targets at surface to be defined for new bulk oxide, open pit gold and silver mineralization. Further assay results from a trenching program are pending and this will shortly be followed by a ten-hole drill program. These new positive results include the Divide target which hosts broad zones of exposed mineralization and has no record of exploration since shafts were sunk there in the 1920’s and the Southerland target which also has no record of previous drilling. Sandy McVey Chief Operating Officer of WKM said, “These new exploration targets are a priority to WKM since the gold and silver mineralization is at surface and is in close proximity to our current 75% owned Reserves at Hasbrouck. We already have a very robust project with 46% IRR and NPV5 of US$ 129 million (100% basis) at current gold prices. Adding any resources to the heap leach profile would greatly enhance the Hasbrouck Gold project.” (Technical Report and Updated Preliminary Feasibility Study for The Hasbrouck and Three Hills Gold-Silver Project, Esmeralda County, Nevada, USA, Report Date: September 14, 2016). Table – Surface Chip and Composite Samples – Assays Over 0.5 g/t SAMPLE ID LOCATION Sample Type Sample Length (ft) Au (g/t) Ag (g/t) 121427 HILL OF GOLD OUTCROP 5' 31.7 17.0 121428 HILL OF GOLD OUTCROP 5' 5.5 9.4 121429 HILL OF GOLD OUTCROP 20' x 30' 1.5 12.9 121430 HILL OF GOLD OUTCROP 5' 0.6 7.5 121431 HILL OF GOLD OUTCROP 5' 4.5 48.7 121505 SOUTHERLAND OUTCROP 30' 1.2 2.3 121514 SOUTHERLAND PROSPECT 5 x 5 x 8' 6.4 8.6 121535 DIVIDE DUMP COMP 1.3 155.0 121543 DIVIDE OUTCROP 30' 0.7 8.1 121556 DIVIDE DUMP COMP 1.5 16.8 121559 DIVIDE DUMP COMP 3.4 16.5 121560 DIVIDE OUTCROP 10' 1.3 134.0 121561 DIVIDE DUMP COMP 1.1 50.2 121567 DIVIDE DUMP COMP 4.3 104.0 121569 DIVIDE OUTCROP 30' 0.7 29.9 121570 DIVIDE OUTCROP 30' 0.9 49.7 121571 DIVIDE OUTCROP 30' 0.6 10.4 121574 DIVIDE DUMP COMP 2.3 324.0 121577 DIVIDE ...