Gold Finder Completes Phase 2 Drill Program
14 Décembre 2010 - 7:50PM
Marketwired
Gold Finder Explorations Ltd. ("Gold Finder") (TSX VENTURE: GFN) is
pleased to announce that its Phase 2 drill program has been
completed on the Golden Rose Property located 65 km northeast of
Sudbury, Ontario. A total of 2204.4 m has been completed in 7
diamond drill holes which included extending GR09-28 an additional
100 m.
The program consisted of infill drilling targeting the projected
extension of the "core" zone historically mined by the Consolidated
Mining and Smelting Company of Canada Limited.
Assay results from the first drill hole (GR10-37) have been
received and highlights are tabulated below. The lengths reported
are drill intersected core lengths and do not represent true
widths.
GR10-37 was collared at GR09-29 and was drilled to test the core
zone 30m below the mineralization intersected in GR09-29.
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Hole Number From (m) To (m) Width (m) Au (g/t)
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GR10-37 264.21 265.72 1.51 2.53
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including 265.19 265.72 0.53 4.19
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288.00 288.34 0.34 48.70
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303.47 303.76 0.29 2.25
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322.86 323.43 0.57 19.45
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331.03 331.40 0.37 4.14
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341.20 341.56 0.36 9.73
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Additional results will be made available once the assays have
been received and approved by GFN's technical staff.
JVX Ltd. has also been contracted to complete a borehole induced
polarization and resistivity survey of recently completed drill
holes to create a three dimensional model that will be used to
generate targets. The survey is expected to be completed within the
next two weeks. Results will be used to plan an additional diamond
drilling program on the Golden Rose Property in the first quarter
of 2011.
Joerg Kleinboeck, V.P. Exploration for Gold Finder Explorations,
is the designated qualified person responsible for the preparation
of this news release.
Contacts: Gold Finder Explorations Ltd. David Greenway President
and CEO 604 689 0896 info@goldfinder.ca www.goldfinder.ca
Gold Finder Explorations Ltd. (TSXV:GFN)
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