Jul. 22, 2010 (Filing Services Canada) -- Boxxer Gold Corp. (BXX - TSX Venture), is pleased to provide an update on exploration results on the Crystal Pass portion of Boxxer's 100% owned Boss porphyry copper-gold project located in the Goodsprings Mining District, southwest Nevada.
Highlights:
* Grab sample assays returned up to 2.99% copper and 40.8 g/t silver from
surface on a large copper skarn located at the south end of the Crystal
Pass project;
* A monzodiorite dike located within close proximity to one of the IP
targets to be diamond drilled at Crystal Pass returned 0.10 (g/t) gold;
* The Bureau of Land Management ("BLM") has requested a 15-day extension
to complete the field review for the amended Notice of Work regarding
approval of Boxxer's proposed 8,000 metre (m) diamond drilling program
due to BLM staff shortages.
Boxxer's President and CEO, Elmer B. Stewart, explained, "The recent exploration at Crystal Pass clearly indicates a complex intrusive history and the development of a large copper skarn provides us with a better understanding of the porphyry copper potential of the District. We continue to await the results of the Quantec DCIP and MT survey on the Rose area where sampling returned good copper-gold-molybdenum values to build our model. We are eager to commence drilling and hopefully there will no further delays regarding the BLM."
Diamond Drilling Program:
Approval from the Bureau of Land Management (BLM) for the 8,000 m diamond drilling program on the Boss project has been delayed due to staff shortages. The BLM has requested a 15-day extension in order to complete the necessary review. An update will be provided on the commencement of the proposed diamond drilling program on receipt of information from the BLM.
Crystal Pass:
A copper skarn is exposed on surface over an area of 20 m by 30 m and in a decline on a patented mineral claim that is surrounded by Boxxer's Crystal Pass claims. The mineralized zone dips to the north onto the Boxxer claims. Two characterization samples were collected from the skarn exposed in the decline which assayed 2.99% copper and 40.8 g/t silver, and 1.04% copper and 48.1 g/t silver. These samples show an arsenic-bismuth-cobalt-nickel-antimony geochemical signature. The presence of the copper skarn, the geophysical targets and the geologic environment substantially upgrades the copper potential the Crystal Pass area.
Outcrops of four new intrusives have been located, ranging in composition from monzodiorite to syentite; one sample is characterized as foidoite. The three samples that range from monzodiorite to syenite in composition are peraluminous, and contain high strontium and sulphur and low titanium concentrations, features typical of intrusive rocks that occur in porphyry districts.
Sample Preparation and Analysis:
All select samples were collected with a hammer and chisel and represent either the style of copper mineralization exposed in outcrop or the material to be sampled. Sample weights ranged from 0.2 to 3.5 kilograms. All samples were prepared by Loring Laboratories (Alberta) Ltd. in Calgary, Alberta using a 0.5 gram sample and a three acid total digestion. A 30 element Induced Couple Plasma ("ICP") analysis was completed on all samples. Gold, platinum and palladium values were determined using a fire assay with ICP finish on a 30 gram sample. Copper values over 10,000 parts per million were assayed. Silver values were determined by nitric acid digestion on a 0.5 gram sample with an atomic absorption finish. Loring's quality control system complies with the requirements for the International Standards ISO 9001:2008. Analytical accuracy and precision are monitored by the use of international and in-house standards.
Quality Control:
Boxxer follows a rigorous Quality Assurance/Quality Control program consisting of inserting blanks and duplicates into the sample stream submitted to the laboratory for analysis.
Elmer B. Stewart, MSc. P. Geol., President of Boxxer, is the Corporation's nominated Qualified Person pursuant to National Instrument #43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.
About Boxxer Gold Corp.
Boxxer Gold is a Canadian junior resource company involved in the exploration of three copper-gold projects in the state of Nevada, and a shear hosted gold project located 110 kilometres north of Yellowknife NWT, Canada.
For more information on Boxxer please visit our website at www.boxxergold.com or contact:
Boxxer Gold Corp
Elmer B. Stewart
President & Chief Executive Officer
Tel: 1-403-264-4811
Cel: 1-403-680-9584
e-mail: elmerbstewart@hotmail.com
Boxxer Gold Corp
John L. Maslanyk
Vice President & Chief Information Officer
Tel: 1-403-804-2251
Toll Free: 1-888-479-3696
e-mail: jmaslanyk@yahoo.ca
CHF Investor Relations
Alison Tullis
Senior Account Manager
Tel: 1-416-868-1079 ext. 233
Fax: 1-416-868-6198
e-mail: alison@chfir.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. For any forward-looking information given, Management has assumed that the analytical results it has received for the mineralized skarn samples and the whole rock analyses and the interpretation thereof are reliable, and has applied geological and geophysical interpretation methodologies which are consistent with industry standards. Although Management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements. For such statements, the Corporation claim safe harbour for future releases. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Corporation's disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Source: Boxxer Gold Corp. (TSX-V: BXX) http://www.boxxergold.com
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