Duncastle Commences Airborne Survey at Porphyry Creek
25 June 2010 - 2:22AM
Marketwired
Duncastle Gold Corp. (TSX VENTURE: DUN)(FRANKFURT: 5D3) (the
"Company") reported today that Fugro Airborne Surveys Corp. has
commenced work on a 514 line-km helicopter borne DIGHEM
EM/Magnetic/Radiometric geophysical survey on its 100% owned
Porphyry Creek project located 20 kilometers northwest of Smithers,
in northwest British Columbia.
The Porphyry Creek project covers over 115 sq km of mineral
claims with historic workings and numerous high-grade gold, silver
and polymetallic showings around a distinct 10 kilometer long
magnetic high. The project also covers coincident copper, lead and
zinc geochemical anomalies shown in government data. Airborne
surveys of this type are powerful tools for defining porphyry
targets. The survey is expected to significantly focus the
exploration effort for 2010 with the goal to identify priority
areas for drilling.
A ground based geological reconnaissance program, similar to and
expanding upon work done by the Company in 2008, will commence on
completion of the airborne survey. Areas expected to be covered
include the Sultana and Brunswick sites, as well as other targets
that may be developed from the airborne survey.
Data compilation and modeling by the Company has demonstrated
mineral zonation on the property consistent with porphyry style
deposits. There are over 20 porphyry style discoveries within a
350km radius of the project, such as Berg, Bell, Huckleberry, Mt.
Milligan, and Galore Creek, as well as other deposit types (e.g.
Eskay Creek and Bravo Gold's Homestake Ridge project) along this
prolific mineralized belt.
Duncastle Gold Corp. is a Vancouver based gold exploration
company with mineral claims covering or surrounding past producing
mines in two historic BC districts. At its other project, located
in Southeast BC, Duncastle holds a claim block with a focus on the
high-grade gold-silver-lead-zinc veins at the former Yankee-Dundee
mine, 50 km from the smelter at Trail, BC. Duncastle has assembled
contiguous claim blocks totaling more than 170 sq km in these two
productive regions, targeted primarily for gold and copper.
As part of the Manex Resource Group, Duncastle benefits from
shared expertise in corporate finance, public company
administration, investor relations, and the technical and
geological services provided for the eight public companies active
in North America. Since its formation in 1997, the Manex Group
companies have raised over C$250 million in exploration
financing.
Robert Macdonald (P.Geo) is the Qualified Person as defined by
National Instrument 43-101 for the Porphyry Creek project and has
reviewed and approved the technical contents of this release.
On behalf of the Board of Directors,
Victor J E Jones, President, Director, Duncastle Gold Corp.
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: Duncastle Gold Corp. Liana Shahinian 1.888.456.1112 or
604.641.2773 liana@mnxltd.com www.duncastlegoldcorp.com
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