Add to your address book or safe list to ensure delivery of email blasts (click for instructions)
Ansell Capital Corp. Reports Additional High Grade Mineralization In 8 Drill Holes On The Charlotte Property Near Carmacks, Yukon Territory
Click here for a free real time quote of Ansell Capital Corp.
Ansell Capital Corp. ("Ansell") is pleased to report that it has received from Guinness Exploration Inc ("Guinness") results from the remaining 8 of fourteen drill holes completed by Guinness on the Charlotte Project, located near Mt. Nansen in the prolific Tintina gold belt, Yukon Territory, Canada. These results continue to demonstrate the excellent potential for hosting significant gold mineralization on the property.
Core drilling was conducted to confirm prior drill intercepts and to expand on known gold and silver mineralization along strike and down dip. The drill program comprised a total of 1451.68 metres in fourteen diamond drill holes in the Flex zone, one of five known mineralized zones on the property. Results of the first six holes were released by Ansell on October 18, 2010.
Ansell has entered into an option agreement on the property with Guinness as announced October 14, 2010.
The drill holes were chosen to test 450 m of the strike length of the Flex Zone at various depths as a follow-up to previous shallow drilling on the zone. Results from these eight drill holes continue to both extend the potential in terms of extent (both along strike and down dip) and grade/thickness, and have confirmed historic results.
Results from these eight holes are tabulated below.
Hole Number
Azimuth (�)
Dip (�)
From:
To:
Length (m)
Au (ppm)
Ag (ppm)
DDH-10-246
078
-50
26.30
42.05
15.75
0.71
49.0
Including:
37.50
38.80
1.30
2.90
3.1
38.80
39.25
0.45
5.68
7.4
abandoned short of target
DDH-10-247
abandoned short of target
DDH-10-248
078
-65
83.30
91.90
8.60
3.25
240.9
Including:
84.00
85.00
1.00
3.35
128.8
86.70
87.45
0.75
5.00
187.7
87.45
88.45
1.00
5.70
630.0
and
101.40
115.65
14.25
2.13
82.8
Including:
112.65
113.50
0.85
22.60
1078.0
DDH-10-249
078
-48.8
76.15
83.65
7.50
3.81
38.2
Including:
77.15
78.15
1.00
3.02
124.7
78.15
78.65
0.50
6.06
22.5
and
86.40
91.40
5.00
3.52
119.0
Including:
87.40
87.90
0.50
24.40
1058.0
DDH-10-250
076
-65
83.00
100.40
17.40
2.13
78.7
Including:
91.40
92.12
0.72
6.00
492.0
92.99
93.65
0.66
4.56
8.7
93.65
94.10
0.45
23.10
527.0
94.72
96.95
2.23
4.96
118.7
and
115.00
119.80
4.80
0.51
22.9
DDH-10-251
078
-65
101.50
116.74
15.24
0.72
34.5
Including:
114.75
116.74
1.99
2.05
