Lund Gold Ltd.: Fall Don-Don Drilling Program Completed
2009年12月15日 - 3:16AM
Marketwired
Lund Gold Ltd. ("Lund") (TSX VENTURE: LGD) is pleased to report
that the fall core drilling program on the Don-Don property,
located in north-central B.C., has been completed. Four holes were
drilled by contractor Falcon Drilling of Prince George BC
("Falcon") on behalf of Lund, totaling 683 meters. The drilling
tested two coincident IP and magnetic geophysical anomalies located
on the northern portion of the Don-Don claims, adjacent to Amarc
Resources Pinchi project.
Geophysical contractor, Peter Walcott & Assoc., completed 24
line km of IP and magnetic geophysical surveys. These were
performed on two separate strong airborne geophysical anomalies.
The ground geophysics outlined three northwest trending sub
parallel zones of anomalous chargeability/ resistivity and magnetic
response. Two of these anomalies were chosen to be drill
tested.
Falcon commenced drilling mid November. The central geophysical
anomaly, which had the highest IP chargeability / resistivity
results, was chosen for the first drill hole. Drilling intersected
sheared, strongly quartz-carbonate veined graphitic argillite
containing minor interbedded pyritic tuffaceous intervals. The
lithologies and pyrite intersected in drilling appears to explain
the source of the geophysical results while the amount of
quartz-carbonate veining is positive.
The remaining three holes tested the eastern zone of anomalous
IP chargeability and magnetic response at two different grid
locations 400 metres apart. These drill holes intersected weak to
moderately propylitic (epidote-chlorite-carbonate) altered and
strongly quartz-carbonate veined mafic volcanics believed to be
part of the prospective Triassic-Jurassic Takla volcanics sequence.
Encouraging potassic alteration is accompanied locally by pyrite
and magnetite. The geophysical results appear to be somewhat
explained by the increased amounts of sulphides and the stronger
alteration encountered.
Altered and mineralized drill core samples are being split and
sent to ISO/certified TSL Laboratories of Saskatoon, Saskatchewan,
for gold, copper and multi element ICP analysis. Analytical results
are pending.
Fieldwork was carried out under the supervision of Gerald
McArthur, P. Geo., a "qualified person" for the purposes of
National Instrument 43-101, who has verified the data disclosed in
this news release.
To find out more about Lund Gold Ltd. (TSX VENTURE: LGD), visit
our website at www.lundgold.com.
On behalf of the Board of Directors of
LUND GOLD LTD.
Chet Idziszek, President
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Lund Gold Ltd. David Scott Investor Relations (604)
331-8772 or Toll-free (877) 529-8475 (604) 331-8773 (FAX)
dscott@mine-tech.com www.lundgold.com
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