Staccato Gold Commences Drilling at Windfall Project
2009年8月25日 - 4:08AM
Marketwired
Staccato Gold Resources Ltd. (TSX VENTURE: CAT) is pleased to
announce that it has commenced drilling at its Windfall project,
which is part of the Company's highly prospective South Eureka
property in Nevada.
A track mounted drill rig arrived at the site last week to begin
the initial 2,600 metre (8,000 foot) program which will target
several new zones, as well as offset last year's intercept in hole
4 (5.25 g/t Au over 23 metres). Grant Ewing, Staccato's President
and CEO stated, "We are pleased to initiate testing of the
extensive and prospective Windfall structural zone along strike and
at depth. Staccato is well funded to aggressively advance
exploration and assess the full potential of this highly
prospective project."
Staccato continues to assess the large geological, geochemical,
and drill hole database as it develops an optimum exploration plan
for the South Eureka property. The Company believes that there is
excellent potential to increase the size of the defined gold
resource at the Lookout Mountain project, and to discover new gold
deposits on the extensive property. Several regional target areas
exist where historic production has occurred as evidenced by old
workings (i.e. Windfall project), but only limited systematic
exploration has been conducted. Mapping and sampling programs are
also ongoing to refine existing targets and develop new targets in
the region.
This press release was reviewed by Gary Edmondo, M.Sc. Geology,
who is Staccato's Senior Exploration Manager, and a Qualified
Person as defined by National Instrument 43-101 of the Canadian
Securities Administrators.
On behalf of the Board of Directors
STACCATO GOLD RESOURCES LTD.
Grant Ewing, President & CEO, Director
About Staccato Gold Resources Ltd.: Staccato Gold is a well
funded junior gold exploration company with resources and advanced
stage exploration assets located exclusively in Nevada. The Company
has assembled a portfolio of prospective gold prospects in the
dominant gold trends in Nevada.
Statements in this press release other than purely historical
information, including statements relating to the Company's future
plans and objectives or expected results, are forward-looking
information within the meaning of Canadian securities laws.
Forward-looking information is based on numerous assumptions,
including that equipment and personnel will be available when
required, that no delays are experienced in the planned work
programs, that technical issues identified in the previous resource
estimate for the Lookout Mountain project can be addressed and
within the time frame anticipated, and that all necessary approvals
for the planned programs will be obtained in a timely manner, and
are subject to all of the risks and uncertainties inherent in the
Company's business, including risks inherent in resource
exploration and development such as, but not limited to, risk of
delay in obtaining permits and approvals, the risk that actual
results of exploration activities will be different than
anticipated, risk of failure of equipment, accident, labor disputes
and other risks associated with mineral exploration activities.
Although the Company has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those described in forward-looking information,
there may be other factors that cause actions, events or results to
not be as anticipated, estimated or intended. There can be no
assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Readers are
cautioned not to place undue reliance on forward-looking
information due to the inherent uncertainty thereof.
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Staccato Gold Resources Ltd. Gareth Thomas
604-682-8789 www.staccatogold.com
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