Dawson Gold 2010 Toro Program Review
15 Novembre 2010 - 7:39PM
Marketwired
Dawson Gold Corp. (TSX VENTURE: DYU) ("Dawson Gold") provides a
review of the 2010 summer work program at the Toro Property in the
Dawson Range of the White Gold District, central Yukon Territory.
Highlights of the summer program include:
-- Eight (8) diamond drill holes totalling 1,516 metres (1,033 core
samples)
-- Over 22 line kilometres of deep penetration Induced Polarity ("IP")
geophysical surveys (covering approx.4.5 km(2)) over three (3) distinct
grids
-- Seven (7) soil zones covered by six (6) grids and two contour lines of
geochemical soil grid surveys (total 549 samples) expanding on and
infilling between historic geochemical data
-- Property wide prospecting, mapping and stream silt sampling - 40 rock
and seven (7) stream sediment samples
-- Re-sampling of historic drillhole DDH70-T12 - 67 core samples
The 6,474 hectare Toro Project consists of 310 contiguous claims
located approximately 100km NW of Carmacks, YT in the Dawson Range
Copper-Gold Belt, on the southern end of the White Gold District.
Nearby advanced exploration projects include Kaminaks' Coffee Gold
project 40km NW, the Casino Cu-Mo porphyry 55km to the NW, Capstone
Mining's producing Minto Copper-Gold mine 30 km NE, Northern
Tiger's Sonora Gulch 5km to the North, the Prospector Mountain
property of SilverQuest immediately (3km) to the south. Extensive
placer gold workings are found within closed watershed areas on the
Toro project. Given the relatively un-glaciated nature of the
project area the gold in these placer operations, it can be
inferred the placer gold is of local derivation to the Toro Project
watershed.
The Toro Project is primarily underlain by
quartz-hornblende-biotite granitic rocks of the Mid Cretaceous
Dawson Range Batholith, including the Coffee Creek granite phase,
that intrude meta-igneous and meta-sedimentary rocks of the
Yukon-Tanana Terrane. The above units are intruded by quartz
feldspar porphyry stocks and dykes of the Late Cretaceous
Prospector Mountain Suite, which are known to be associated with
gold-copper mineralization within this belt, and are overlain by
basalt flows of the Upper Cretaceous Carmacks Group. The Toro
Property is transected along its eastern boundary by the Big Creek
Fault, a major southeast-northwest trending structural corridor,
and encompasses the intersection of this major structure with
several east to northeast trending faults and linements. These
cross-cutting features create an extensional environment which is
structurally favourable to mineral deposition and have recently
been recognized as important mineralizing trends at properties
throughout the White Gold trend.
The 2010 Toro Property diamond drilling was focused on three
distinct zones, the historic Ridge Zone and Main Zone as well as a
newly defined (2010) geophysical (IP anomaly) target. The Ridge
Zone drilling targeted two (2) large historic gold-in-soil
anomalies (a 900x400m are with greater than 50ppb Au and a 300x200m
with greater than 50ppb Au), these holes intersected a polymictic
breccia hosting well developed sulphide mineralization including
pyrite, arsenopyrite, galena and sphalerite. Additionally,
prospecting of the property has identified numerous zones of
sericite-limonite alteration which has been identified as
prospective indicator at nearby properties.
Assays are pending and will be released once received and
compiled by the Company.
The 2010 Toro Project work program was conducted under the
supervision of Dawson Gold President Michael Collins, P.Geo., a
qualified person under NI 43-101, who has read and approved the
content of this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
Paul D.Gray, P.Geo. CEO
DAWSON GOLD CORP.
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.
Contacts: Dawson Gold Corp. Mark Komonoski 403-255-8483 or
Toll-Free: 1-877-255-8483 www.Dawsongold.com
Dawson Gold Corp (TSXV:DYU)
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