Blind Creek Completes Phase 1 Drill Program to Follow Up 2010 Rock Sample Assays That Included 263g/t (8.46 oz/t) Gold, 1350 g/t
12 July 2011 - 10:57PM
Marketwired
Blind Creek Resources Ltd. (TSX VENTURE: BCK) ("the Company" or
"Blind Creek") reports that it has completed the Phase 1 diamond
drill program at the Wann River Project, which consists of mineral
claims within the Tagish Lake claim group in the Atlin Mining
Division in northwestern British Columbia. Phase 1 consisted of 17
NTW diamond drill holes for 3,300 meters designed to follow up on
mineralized quartz rock grab and previous trench dump samples
collected over an 800 meter by 180 meter corridor and assayed in
2010 with results that include 263 g/t (8.46 oz/t) gold, 1350 g/t
(43.4 oz/t) silver, 4.15% copper, 5.76% lead and 1.94% zinc (see
table below). Drill core is presently being cut and being sent to
the lab and assay results will be released as soon as they are
received.
Phase 1 drilling was carried out within the 800 meter by 180
meter corridor along what is thought to be the hanging wall of the
Llewellyn Fault Zone and encountered sections of pervasive
hydrothermal quartz stockwork systems and several quartz veins. The
zone is thought to be open to the southwest, southeast and
northeast, and as a result, a Phase 2 drill program is currently
being designed and will be announced when plans are complete.
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Rock samples
Sample Analysis Assays/Analyses collected
------------------------------------------------------------ over 800m
ID Au Au 1 Au 2 Ag 1 Ag 2 Cu Pb Zn Mo strike
--------------------------------------------------------------------------
ppb (g/t) (g/t) (g/t) (g/t) (%) (%) (%) (%) Location
--------------------------------------------------------------------------
E83351 greater 245 263 1360 1350 4.15 3.46 Lum#2 Trench
than 1000 dump
E83352 greater 256 259 1200 1065 2.75 4.45 1.36 Lum#2 Trench
than 1000 dump
E83353 greater 25.5 154 149 Lum#2 Trench
than 1000 dump
E83355 greater 157 149.5 630 639 2.91 4.75 1.94 Lum#2 Trench
than 1000 dump
E83356 greater 55 384 381 2.65 1.74 Lum#2 Trench
than 1000 dump
--------------------------------------------------------------------------
E83358 greater 52.1 746 788 1.79 5.76 1.04 Lum#1 Trench
than 1000 dump
E83359 greater 8.29 424 448 Trail Vein
than 1000 float
E83362 greater 32.9 30.3 1180 3010 3.35 3.79 Trail Vein
than 1000 float
E83363 62.3 55.5 1.19 Trail Vein
float
E83365 greater 2.5 62.3 Brown Adit
than 1000 grab
--------------------------------------------------------------------------
E83370 415 126 River Vein,
footwall
E83373 greater 3.2 Lum #1 Trench
than 1000 dump
E83384 greater 3.4 320 Dutch Vein
than 1000 chip/80 cm
E83386 greater 1.2 184 Trail Vein
than 1000 chip/80 cm
E83395 greater 15.9 440 1.04 Newfie Vein
than 1000 grab
--------------------------------------------------------------------------
E83396 greater 5.2 116 Newfie Vein
than 1000 grab
65154 135 18.8 0.3 Lum #1 grab
65157 greater 20.3 Lum #1 grab
than 1000
65171 greater 17.2 Trail Vein
than 1000 grab
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All analyses, unless otherwise indicated, were performed by Eco Tech
(Stewart Group)
--------------------------------------------------------------------------
Au 1, Ag 1 Eco Tech (Stewart Group) Assay
Au 2, Ag 2 ALS-Chemex Assay
--------------------------------------------------------------------------
The 2010 sampling program at the Wann River Project is believed
to be multi-pulse, hydrothermal quartz vein system. Minerals
observed in quartz on surface include tetrahedrite, chalcopyrite,
galena, sphalerite, malachite, azurite, trace molybdenite, variable
pyrite and associated trace arsenic with associated analytical gold
and silver.
The Company began staking claims in 2004 around the historic
Engineer Mine and in the historic Atlin placer gold camp in the
Atlin Mining Division of northwestern British Columbia. The two
claim groups now known as the Tagish Lake and Atlin claim groups
have grown to a total of 116,868 hectares of contiguous mineral
claims. The Wann River Project consists of mineral claims covering
an area of 2,271 hectares within the Tagish Lake claim group and is
located approximately 4 km south of the historic Engineer Mine.
The technical information in this News Release has been reviewed
and approved by Nicholas Clive Aspinall, P.Eng., a qualified person
as defined in National Instrument 43-101.
oz/t = troy ounce per metric tonne conversion @ 0.03215
On behalf of the Board of Directors,
J. Frank Callaghan, President and CEO
This News Release contains forward-looking statements.
Forward-looking statements are statements, which relate to future
events and conditions and therefore involve inherent risks and
uncertainties. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any
future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements. While
these forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current
judgment regarding the direction of our industry, actual results
will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions or other future performance
suggested herein. Except as required by applicable law, the Company
does not intend to update any of the forward-looking statements to
conform these statements to actual results. All phases of the
Company's operations are subject to environmental regulation and
governmental approval and permits and there can be no assurance
that the Company will obtain all the requisite permits for future
development. Mining is an inherently risky business with large
capital expenditures and cyclical metals markets.
Neither the 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: Blind Creek Resources Ltd. J. Frank Callaghan
President and CEO (604) 669-6463 or Toll Free: 1-800 663-9688 (604)
669-3041 (FAX)
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