Staccato Gold Update
2009年12月16日 - 6:43AM
Marketwired
Staccato Gold Resources Ltd. (TSX VENTURE: CAT) is pleased to
provide an update regarding the ongoing technical work program at
its South Eureka property. The South Eureka property, located in
Nevada, USA, is an extensive and highly prospective landholding
comprised of several projects. The most advanced stage project is
the Lookout Mountain project, where a gold resource has been
identified.
During 2009, Staccato initiated a property wide mapping and
sampling program on the South Eureka property. Approximately 50% of
the entire property area has now been mapped, including the main
Lookout Mountain resource area. As part of the technical work
program, Staccato has re-logged over 350 drill holes in the Lookout
Mountain project area, and is in the final stages of building new
geologic cross sections and plans for the entire deposit. The
results of a drilling campaign and mapping program completed at the
Windfall project, located approximately 5 kilometres northeast of
Lookout Mountain, confirmed its potential to host a satellite gold
deposit to the main resource area.
Staccato is working diligently to complete an updated resource
estimate and 3-D model for the Lookout Mountain project. This work,
which will incorporate all of the results of the technical work
program, is now scheduled for completion during the first quarter
of 2010. Based on the results of the new resource estimate,
Staccato plans to complete a preliminary economic assessment of the
Lookout Mountain project.
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.
Incentive Stock Options
Staccato has granted stock options to buy 450,000 shares at an
exercise price of $0.125 to employees and consultants of the
Company. The options have a five year term, and vest as to 50% on
the date that is six months from the grant date, and the balance on
the date that is twelve months from the grant date. The options are
subject to the regulatory policies of the TSX Venture Exchange.
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
Chimata Gold Corp. (TSXV:CAT)
過去 株価チャート
から 5 2024 まで 6 2024
Chimata Gold Corp. (TSXV:CAT)
過去 株価チャート
から 6 2023 まで 6 2024