Laurentian Goldfields Ltd. Stakes Extensive Gold Anomaly South of Red Lake, Ontario
04 Marzo 2010 - 1:01PM
Marketwired Canada
Laurentian Goldfields Ltd. (TSX VENTURE:LGF) (the "Company") announces that it
has staked an extensive gold anomaly defined by the Company approximately 34
kilometres south of Red Lake, Ontario. A total of 247 contiguous claims covering
56,822 hectares, collectively referred to as the Goldpines Property
("Goldpines") have been staked over this anomaly. Goldpines is accessible via
Ontario Highway 105.
Goldpines Anomaly
Goldpines has been staked to cover a hydrogeochemical ("HGC") anomaly that was
defined by Laurentian's geological team following an October 2009 HGC survey
targeting prospective areas along the contact of the Uchi and English River
Geological Subprovinces. The HGC survey detected a greater than 200 km2 area,
characterized by anomalous concentrations of gold, antimony, arsenic and other
key elements that Laurentian believes to be the alteration footprint of a
significant gold mineralization event.
"Goldpines has a robust, multi-element anomaly, the areal extent of which
compares to the core of the Red Lake gold camp," states Andrew Brown, president
and CEO of Laurentian. "Laurentian is first on the ground in what could be a
significant new gold district in Ontario."
Goldpines straddles the boundary between certain areas of interest in the Uchi
and Superior Alliances that Laurentian is currently engaged in with Kinross Gold
Corporation ("Kinross") and AngloGold Ashanti Ltd ("AngloGold"), respectively
(see press releases dated, August 11, 2009 and April 29, 2009, respectively).
A key component of Laurentian's regional exploration has been to focus on
unconventional targets that lie outside of thoroughly prospected greenstone
belts. Goldpines is predominantly underlain by meta-sedimentary rocks and
paragneiss, a geological environment similar to Goldcorp's Eleonore Property,
wherein the multi-million ounce Roberto Deposit occurs at the contact between
the La Grande and Opinaca Subprovinces, in the James Bay district of Quebec.
Planning for 2010 exploration at Goldpines is currently underway.
ON BEHALF OF THE BOARD OF DIRECTORS,
Andrew Brown, M.Sc., P.Geo., President and CEO
Some statements in this news release contain forward-looking information. These
statements include, but are not limited to, statements with respect to mineral
potential and planned exploration, development and production activities. These
statements address future events and conditions and, as such, involve known and
unknown risks, uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the statements.
Such factors include, among others, realized mineralization of properties and
the timing and success of future exploration, development and production
activities.
Grafico Azioni Hawthorne Gold Corp. (TSXV:HGC)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Hawthorne Gold Corp. (TSXV:HGC)
Storico
Da Mar 2024 a Mar 2025
Notizie in Tempo Reale relative a Hawthorne Gold Corp. (Venture Exchange Canada (TSXV)): 0 articoli recenti
Più Hawthorne Gold Corp Articoli Notizie