Full Metal and Georgetown Commence Drilling at Tanacross Copper-Gold-Molybdenum Porphyry Targets, Alaska and Full Metal Announce
31 May 2011 - 3:00AM
Marketwired
Full Metal Minerals Ltd. (TSX VENTURE: FMM) and Georgetown Capital
Corp. (TSX VENTURE: GET) are pleased to announce the commencement
of the drilling at the Tanacross copper-gold-molybdenum porphyry
project in eastern Alaska. The 2011 field program includes 1,000
metres of core drilling in four holes, regional geological surface
mapping, and geological sampling.
Georgetown is currently earning a 60% interest from Full Metal
at the 13,079 hectare Tanacross Project. The Property is comprised
of multiple claim groups targeting copper-gold-molybdenum porphyry
systems in east-central Alaska. During 2007 to 2009, Full Metal and
BHP jointly explored these targets using airborne geophysics,
ground-based IP surveys, soil sampling grids and geological
mapping. Tanacross is located within a belt of Cretaceous-age
porphyry systems spanning eastern Alaska and the Yukon, which
includes the giant Casino Deposit in the Yukon, which hosts a
recently announced reserve of 4.4 billion lbs. Cu, 7.5 million oz.
Au and 494 million lbs. Mo. (Western Copper News Release, April 7,
2011).
The 2011 exploration program at Tanacross will be supervised by
Robert McLeod, P.Geo., Vice-President Exploration of Full Metal
Minerals, a Qualified Person as defined by NI 43-101. Drill cores
will be cut in half using a diamond saw, with one half placed in
sealed bags, and delivered to ALS-Chemex facilities in Fairbanks,
Alaska. A sample quality control/quality assurance program
utilizing standards and blanks, as well as third-party check
laboratories are in place. Contents of this release were prepared
by and approved for release by Mr. McLeod.
In addition to exploring the Tanacross Project, Georgetown
management is currently reviewing numerous advanced stage
exploration projects with the goal of creating value for Georgetown
shareholders through the acquisition of high quality precious and
base metal exploration and development projects.
Full Metal Minerals also announces that it has retained Kevin
Stewart of Vancouver, British Columbia as an investor relations
consultant to provide institutional investor and broker liaison on
an ongoing basis to increase awareness of the Company within the
investment community.
Full Metal Minerals is a generative exploration company with
multiple precious and base metal projects in Alaska. Drilling will
commence shortly on the Company's Pyramid Cu-Au-Mo porphyry
project, funded by Antofagasta Minerals.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael Williams, President and Director
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Full Metal Minerals Ltd. Jeff Sundar Vice President,
Investor Relations 604-484-7855 604-484-7155 (FAX)
info@fullmetalminerals.com www.fullmetalminerals.com
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