Great Bear Resources Ltd. Reports Exploration and Drill Results From the Etzel Property, Yukon
27 January 2012 - 12:00AM
Marketwired Canada
Ansell Capital Corp. (TSX VENTURE:ACP) -
On July 14th, 2011 Ansell announced the terms of an agreement entered into with
Great Bear Resources Ltd. pursuant to which Great Bear could acquire up to a 65%
interest in and to the Etzel claims located adjacent to Ansell's Charlotte and
Discovery Creek properties and Rockhaven Resources Ltd.'s Klaza project, near
Mt. Nansen in the prolific Tintina gold belt, Yukon territory, Canada.
Great Bear has now released the result of its 2011 exploration program, these
results are summarized in Great Bear's News Release also issued today. Great
Bear Resources Ltd. trades on the TSX Venture Exchange under the symbol GBR.
The results as received are summarized in the table below.
Table 1: Highlights of drill results from 2011 test program. Continuity of
gold mineralization is shown on the cross section below.
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Etzel Drill Total Interval Interval Interval Gold Silver
Hole Length (m) From (m) To (m) Length (m) g/t g/t
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ET-11-01 126.83 70.95 74.00 3.05 0.75 0.8
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ET-11-02 258.61 4.15 258.61 254.46 0.19 1.9
including 13.30 15.90 2.60 1.94 11.9
including 49.70 50.80 1.10 1.05 97.0
including 98.95 100.0 1.05 1.51 5.9
Largely including 152.25 192.90 40.65 0.58 2.4
Contin- includes 152.25 157.70 5.45 1.25 4.1
uous includes 156.30 157.70 1.40 3.45 0.7
Mineral- includes 163.20 172.45 9.25 0.72 3.4
ized includes 180.95 184.65 3.70 1.07 2.7
Zone includes 189.15 192.90 3.75 1.00 2.6
including 204.55 205.60 1.05 1.07 2.2
including 229.50 231.00 2.50 1.11 33.2
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ET-11-03 309.67 29.80 32.50 2.70 1.34 3.0
250.20 256.45 6.25 0.56 8.6
308.35 309.67 1.32 2.55 0.9
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On behalf of the Board of Directors
Jevin Werbes, President
Ansell Capital Corp.
For further information, please visit the website at www.ansellcapital.com to
view the Company's profile.
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