Andover Announces Assay Results From Three Discovery Holes on the S.W. Sun "VMS" Target
12 August 2011 - 11:00PM
Marketwired
Andover Ventures Inc. ("Andover" or the "Company") (TSX VENTURE:
AOX)(OTCBB: AOVTF)(FRANKFURT: R2X) is pleased to announce the assay
results from three (3) exploration drill holes from the 2011
drilling program drilled into the S.W. Sun target, located in the
Ambler Mining District, Northwest, Alaska. All three drill holes
encountered volcanogenic massive sulfide mineralization ("VMS") and
have intersected the S.W. Sun over a strike length of approximately
0.5 kilometers. This new target is open down-dip and to the
southwest. Drill holes Sun11-25, Sun11-26 and Sun11-27 were
completed in June and July, 2011 at depths of 242.9, 285.9 and
214.3 meters, respectively. Assay results from drill holes
Sun11-23A and Sun11-24 were reported in a previous news release.
(See Andover's news release dated July 27th, 2011.)
The 2011 drill core was split on site by Company staff and sent
for assay to ALS Minerals located in Vancouver, British Columbia,
Canada. The core was analyzed for a 30 element ICP-AA analysis with
gold and silver fire assayed with an AA finish. Base metal over
limits were wet assayed. Blanks and standards were inserted with
each sample shipment.
The assay results from selected intercepts from drill holes
Sun11-25 and Sun11-26 are shown in the following table:
---------------------------------------------------------------------------
True
From To Interval Thickness
Drill Hole (m) (m) (m) (m) Cu % Pb % Zn % Ag g/T Au g/T
---------------------------------------------------------------------------
Sun11-25 155.00 159.00 4.00 3.86 1.13 1.27 4.88 46.3 0.229
---------------------------------------------------------------------------
Sun11-25 174.00 180.00 6.00 5.64 0.67 0.06 0.26 4.7 0.117
---------------------------------------------------------------------------
Sun11-26 228.00 237.30 9.30 7.12 0.41 1.57 4.79 164.2 0.248
---------------------------------------------------------------------------
Including 232.85 237.30 4.45 3.41 0.48 2.18 5.11 304.6 0.395
---------------------------------------------------------------------------
Drill holes Sun11-25 and Sun11-26 were drilled from the same
platform at angles of -60 degrees and -82 degrees, respectively.
The two holes succeeded in extending the known volcanogenic massive
sulfide (VMS) mineralization for 300 meters toward the southwest at
the S.W. Sun target area. VMS mineralization at S.W. Sun now
extends for at least 500 meters along strike. In addition the
favorable "white schist" package of rocks have been mapped for 9.5
km to the west of the currently known S.W. Sun target. This area of
"white schist" is untested by drilling.
Drill hole Sun11-27 was also drilled in the S.W. Sun target
approximately 500 meters northeast of holes Sun11-25 and Sun11-26
to confirm historic drill results and to test the down dip
extension of the S.W. Sun. Assay results from selected intercepts
from Sun11-27 are tabulated below:
---------------------------------------------------------------------------
True
From To Interval Thickness
Drill Hole (m) (m) (m) (m) Cu % Pb % Zn % Ag g/T Au g/T
---------------------------------------------------------------------------
Sun11-27 159.00 164.00 5.00 3.58 2.10 0.35 1.23 231.1 0.619
---------------------------------------------------------------------------
Including 159.00 160.60 1.60 1.15 6.08 1.08 3.81 692.9 1.792
---------------------------------------------------------------------------
Sun11-27 210.00 210.50 0.50 0.36 8.10 1.08 4.57 43.2 0.049
---------------------------------------------------------------------------
Bradley C. Peek, Andover's General Manager for the Sun Project
states, "We are very pleased with the results of the 2011 drilling.
We were successful in proving the S.W. Sun to be another exciting
new VMS target for future exploration. The higher silver values we
are now seeing at S.W. Sun are very encouraging."
Larry Segerstrom, Andover's Chief Operating Officer stated, "We
are very pleased with these results from the S.W. Sun exploratory
program. We look forward to the 2012 drill program where we will
continue to step out and test this deposit down-dip and to the
southwest where it is open on strike."
With the completion of the 2011 drill program, 76 holes
(approximately 49,000 feet) have been drilled on the property.
Andover drilled 27 of these holes; the others were done by previous
operators, including Anaconda, Noranda, Sunshine Mining Company,
Cominco and Bear Creek Mining Company.
The above news release has been reviewed by Bradley C. Peek,
Certified Professional Geologist (AIPG CPG-11299) and General
Manager for the Sun Project for Andover Ventures. Mr. Peek is a
National Instruments 43-101 Qualified Person and is responsible for
the technical aspects of this press release.
About Andover:
Andover Ventures is a precious and base metal exploration and
development company, headquartered in Vancouver, British Columbia,
Canada. Andover Ventures' holdings are located in the historic East
Tintic Mining District, Utah, USA, and the polymetallic-rich Ambler
Mining District, Alaska, USA.
For further information we invite you to visit us at
www.andoverventures.com
ON BEHALF OF THE BOARD
Gordon Blankstein, CEO and Chairman
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: Andover Ventures Inc. Richard Martens Investor
Relations 1-604-682-2168 or Int'l Toll Free: 1-800-266-4484
www.andoverventures.com
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