Business

Network completes four holes at Caldera's primary gold targets

Network completes four holes at Caldera's primary gold targets

articleYnvisible Interactive Inc. Class AAugust 17, 20103/company/ynvisible-interactive-inc/news/network-completes-four-holes-at-calderas-primary-gold-targets
Network completes four holes at Caldera's primary gold targets

About this update from Ynvisible Interactive Inc. Class A

[{"type":"text","content":"\n\n\n\n Aug. 17, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nVANCOUVER, Aug. 17 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET) is pleased to provide an update on its estimated 2500 metre diamond drill program at its Caldera property in the mineral-rich Huasco Province of Northern Chile. The program is designed to test various gold and copper prospects at the property.\nFour holes totaling approximately 700 metres have been completed in the La Blanca mine area and nearby gold targets-all hosted by silica breccia pipes. The La Blanca gold prospect, one of several gold targets on the property, encompasses a 1.4 km by 400 metre area of historical artisanal gold workings. An underground drifting program totaling 190 metres completed in 2009 at the La Blanca mine defined three gold zones the highlights of which included an average of 2.45 g/t Au over 18 metres, with individual samples of up to 9.24 g/t Au taken over two meter panel samples (see news release dated November 24, 2009.)\nTwo holes in this year's program have been targeted into the silica breccia pipe to further test the strike and dip length of this zone. A third hole has also been completed approximately 620 metres NE of La Blanca to test another silica breccia pipe exposed by artisanal workings on the eastern slope of the Caldera hill. A fourth hole, located 570 metres NE of the third hole tested another silica breccia zone exposed in trenches and historical artisanal workings in the area known as the Resguardo mine.\nThese holes (varying in depth from 130 - 215 meters) are now complete and the program has moved onto the adjacent copper-gold porphyry targets.\nAll core selected for sampling is divided into three meter intervals and split in half, with one portion bagged in tamper proof bags and delivered by Company personnel to the ALS Chemex laboratory in La Serena, Chile where they will be analyzed by procedure Au-SCR22 ("metallics" o...

More updates from Ynvisible Interactive Inc. Class A