Amseco Prepares a Drilling Campaign on Cookie Monster, Near the Monster Lake Discovery
20 April 2012 - 1:29AM
Marketwired Canada
The management of Amseco exploration Ltd. (TSX VENTURE:AEL) has started an
initial 1,500-metre drilling campaign on the Cookie Monster project. This
project is a 50-50 joint-venture with Vantex Ressources Ltd. and is located in
the Chapais-Chibougameau area. Comprised of 28 mining cells covering an area of
1,456 hectares, the Cookie Monster property is within the south-east extension
of the Fancamp deformation corridor and borders to the east, TomaGold's Monster
Lake project, which announced last week an intersection of 237.6 g/t Au over 5.7
metres.
In the area of the Fancamp deformation corridor, which is known on many dozens
of kilometres, there are many gold deposits and showings, namely:
Monster Lake 237.6 g/t Au over 5.7 metres (Drill hole M-12-60 / PR
April 11, 2012)
76.53 g/t Au over 2 metres (Drill hole M-24-11- PR August
16, 2011)
8.38 g/t Au over 2 metres (Drill hole M-36-11- PR August
16, 2011)
Murgor A et B 45.76 g/t Au over 6.10 metres (GM 29936- channel - PR July
30, 2009)
12.70 g/t Au over 3 metres (DDH M5 - Drill hole - PR July
30, 2009)
Murgor C 4.17 g/t Au over 3 metres (GM 51718- Drill hole)
Chevrier 8.3 million mt at 2.28 g/t Au (GM 52088)
Chevrier South 230 million mt at 0.3 g/t Au (GM 55029)
Winchester 1.07 g/t Au over 1.52 metres (GM 43518)
Croteau 12.74 g/t Au over 5.85 metres (Drill hole CRO11- 05)
12.76 g/t Au over 8.75 metres (Drill hole CRO11-05)
4.58 g/t Au over 6 metres (Drill hole CRO11-06)
Most of the structures that intersect the Fancamp deformation corridor generate
numerous gold exploration targets. The structural, geological and geophysical
compilation of the property is being conducted. This data will be used to
identify the first drilling targets. This work will be supervised by Mr. Daniel
Kelly, independent engineer and Qualified Person under NI 43-101. Mr. Kelly read
and approved this press release.
We seek Safe Harbor.
A map is available at the following address:
http://media3.marketwire.com/docs/Amseco_carte.pdf
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