Lero Completes 1,879m Diamond Drilling at the Karchiga VMS Project, North East Kazakhstan
06 Febbraio 2008 - 4:28PM
Marketwired
LONDON, UNITED KINGDOM (TSX VENTURE: LER) announces the
completion of 1,879m (21 holes) of diamond drilling at its Karchiga
volcanogenic massive sulphide project in Kazakhstan.
Both infill drill holes on the known zones and exploration drill
holes to expand the known mineralisation were completed during Q4
2007. Samples have been submitted to the laboratory for analysis
and results will be released once all have been received. An
additional 600m of drilling, to complete the budgeted 2,500m
programme, will be completed during Q2 2008.
President and CEO of Lero, Nick Clarke commented:
"On receipt of assay results, Lero will commence modelling and
re-interpretation of the mineralised zones to calculate a 43-101
compliant inferred resource. Results are also expected to validate
historic results from the Karchiga central zone and to test the
lesser explored Karchiga North East."
Notes to Editors:
1. Lero Gold Corporation (TSX VENTURE: LER) is a base and
precious metal exploration company led by a senior management team
with extensive expertise in mineral exploration and advanced
project management. In July, 2006 Oriel Resources Plc completed its
previously announced transfer and sale of its gold related assets
into Lero Gold Corporation ('Lero') (formerly ELE Capital
Corporation - 'ELE'). Lero resumed trading on TSX Venture Exchange
(TSX-V) on Thursday July 27, 2006 under the trading symbol "LER".
Lero Gold is currently seeking and evaluating advanced exploration
stage gold and base metal projects in Kazakhstan, Kyrgyzstan and
Russia. The Company is currently exploring advanced staged gold
deposits in the Tien Shan gold belt in the Kyrgyz Republic and
Kazakhstan.
2. All work carried out on site was reviewed by Matthew Boyes
(Senior Geologist and a Qualified Person under National Instrument
43-101). Assays are conducted at the internationally certified Alex
Stewart Lab in Ust-Kamenogorsk, Kazakhstan. Lero Gold Corporation
operates a stringent QA/QC policy that includes external certified
standard samples and blanks in each individual batch sent for
analysis.
The TSX Venture Exchange does not accept responsibility for
adequacy or accuracy of this release.
Contacts: Lero Gold Corporation Nick Clarke President & CEO
+44 (0) 20 7514 0590 Lero Gold Corporation Darryl Yea Non-Executive
Chairman (604) 699-2458 Lero Gold Corporation Gavin Dallas
Marketing and PR +44 (0) 20 7514 0590 Email: info@lerogold.com
Website: www.lerogold.com Vanguard Shareholder Solutions Keith
Schaefer (604) 608-0824 Bankside Consultants Michael Padley /
Michael Spriggs +44 (0) 20 7367 8888
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