Yankee Hat Announces Fall Drill Program on the Fran Property
03 November 2010 - 12:00AM
Marketwired
Yankee Hat Minerals Ltd. (TSX VENTURE: KHT) ("Yankee Hat" or the
"Company") is pleased to announce the details of a fall drill
program at its Fran Property in central British Columbia (the "Fran
Property"). The drill program will be approximately 5,000 meters
and is scheduled to begin in mid-November.
The Company has recently completed its first 3D Gemcom model of
the Fran Property. This model is based on the assay results from 71
historic drill holes and surface exploration. Noteworthy historic
intersections include holes FR-07-074 at 12.9 meters of 7.39 grams
per ton of gold, and FR-06-055 at 9.55 meters of 8.21 grams per ton
of gold. The model outlines four (4) distinct zones of gold
mineralization and specific areas that would lead itself to further
exploration. In this regard, drilling targets have been identified
and will consist of a combination of infill holes and deeper
exploration holes on strike and at depth of known gold
mineralization. To view the 3D Gemcom model, please visit the
Company's website at www.yankeehatminerals.com.
"This drill program will be the Company's first on the Fran
Property since 2007 and brings a new geological team to the site,"
stated David Matousek, President of Yankee Hat Minerals. "The
intent of this drill program is to expand the current scope of the
project into areas where mineralization is known to extend and
assist in understanding the geological structure of the gold
mineralization."
Mr. Terence Schorn, P.Geo. is a Qualified Person registered in
British Columbia as defined by NI-43-101 and has reviewed the
technical information this press release contains.
The Fran Property is advantageously positioned in Central BC,
just 30km away from the Mt. Milligan Cu-Au deposit. All weather
road access to the Fran project means cost effective drilling, and
significant infrastructure in the area increases the availability
of trades and equipment.
About Yankee Hat Minerals Ltd.
Yankee Hat Minerals Ltd. is a publicly held resource company
that utilizes its management's expertise in mineral exploration and
evaluation, and financial acumen, to identify, acquire, and develop
mineral prospects in mining friendly jurisdictions with the
potential to host large-scale discoveries. The Company
strategically focuses on commodities that have strong underlying
price fundamentals such as gold and precious metals, rare earth
elements and tungsten. The Company's website at
www.yankeehatminerals.com and public filings at www.sedar.com
provide additional information on its projects and other
information with respect to its management and operations.
ON BEHALF OF THE BOARD
P. Bradley Kitchen, Chief Executive Officer
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: Yankee Hat Minerals Ltd. David Matousek President
604.638.8072 604.688.9620 (FAX) info@yankeehatminerals.com
www.yankeehatminerals.com Investor Cubed Inc. Neil Simon
647.258.3310 or Toll Free: 1.888.258.3323 nsimon@investor3.ca
www.investor3.ca
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