Brookemont Capital Inc.: Work Program Commences on White Gold Prospect in Yukon
10 Agosto 2011 - 9:01AM
Marketwired
Brookemont Capital Inc. (TSX VENTURE: BKT)(PINKSHEETS: BKTPF)
("Brookemont", "BKT" or the "Company") wishes to report that work
operations on its 100 percent owned White Gold Prospect in the
Yukon have commenced. This prospect borders the 'Golden Saddle'
discovery owned by Kinross Gold after they acquired Underworld
Resources in June 2010.
Conrad Clemiss, Presdent of Brookemont stated, "We are delighted
to be underway on our White Gold Prospect in the Yukon. This
prospect is in a prolific region, bordering the 'Golden Saddle'
discovery of Kinross that has garnered significant market attention
in the past few years. When you factor the work commencing in the
Yukon with the planned work programs for our Tanzania Gold
Prospect, which borders Canaco, and our Rare Earth Prospect in
Quebec, all occurring at a time of record gold prices, clearly this
is one of Brookemont's most active periods of corporate activity.
Management is excited about what the coming weeks will provide as
these three programs transpire."
On July 29, 2011, the Company reported that its field manager
has visited the site of the recently uncovered 4.5 km arsenic soil
sampling geochem anomaly, on its Tanzanian property adjacent to the
north of Canaco's Magambazi Prospecting License.
Trenching of the zone has uncovered a silicified zone and quartz
vein and is being sampled for gold. Visible arsenopyrite was
observed in the amphibolites associated with the quartz vein.
The relationship of this arsenopyrite rich volcanic like rock to
the area is not clear, but the uniqueness of it could represent a
late intrusion into the highly metamorphic terrane and with the
presence of the arsenopyrite could be related to the mineralizing
"engine" for the mineralization in the area. Investigations of the
relationship are continuing.
Field sampling of the drainages cutting in the vicinity of the
arsenic geochem anomaly have revealed gold flakes and even a small
almost 0.5 mm "nugget" present in the system. The source of the
gold is local as the drainages are extremely intermittent and the
sample medium was located amid angular boulders within 1 metre of
the surface.
The field manager, Laurence Stephenson reports, "The discovery
of this zone on BKT's property could be the first example of
results of using modern exploration techniques to locate the
mineralization as opposed to the previous area discoveries of
following up on the artesianal mining efforts of the local small
scale miners. There was no apparent knowledge that mineralization
was in this area until BKT's crews discovered it."
All of the content of this release has been provided, reviewed
and approved by Lawrence Stephenson, PGeo, a qualified person as
defined by National Instrument 43-101.
Brookemont currently has the following projects: (a) quartz
mineral claims in the Yukon bordering Underworld, which was
recently taken over by Kinross Gold Corporation and directly above
the Coffee Discovery from Kaminak; (b) mineral claim blocks in the
Stewart Mining Region of British Columbia bordering Canasia
Industries Corporation's Clone Prospect; (c) land in North Eastern
Quebec prospective for REE's in close proximity to the Eldor REE
prospect of Commerce Resources; and (d) 63 square kilometres of
land in Tanzania bordering Canaco Resources.
If you would like to be added to Brookemont's news distribution
list, please send your email address to
info@brookemontcapital.com.
Conrad Clemiss, Director and President
Brookemont Capital Inc.
Neither the TSXV Venture Exchange Inc. nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange Inc.) accepts responsibility for the adequacy
or accuracy of this press release.
Contacts: Brookemont Capital Inc. Conrad Clemiss Director and
President (604) 899-9150 info@brookemontcapital.com
www.brookemontcapital.com
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