VANCOUVER,
Feb. 23, 2012 /PRNewswire/ - West
Kirkland Mining Inc. (TSXV: WKM)
("West Kirkland" or the
"Company") is pleased to announce a new drill campaign
commencing in March 2012 in the Long
Canyon trend targeted on two gold anomalies several kilometers long
defined by soil sampling by the Company. The gold anomalies
correlate with major structural features in the emerging Long
Canyon Trend. The Long Canyon deposit represents a new style of
gold deposit for Nevada and the
discovery culminated in the takeover of Fronteer Gold by Newmont in
2011. West Kirkland completed a
transaction with Fronteer just before the Newmont takeover and has
expanded its land position in the trend to hold the dominant land
position with majority interest in over 1,000 square
kilometers.
The Company collected 9,012 soil samples on a 75 X
75 meter grid covering selected sections of the Lewis Spring and
Toano targets which led to the identification of several of
West Kirkland's 2012 drill
targets.
On the Lewis Spring target, the initial dataset
identified a 53 square kilometer gold in stream anomaly using a
similar technique that led to the Long Canyon discovery. This
gold in stream anomaly was followed-up with soil sampling that was
highlighted by individual samples of up to 1.1 g/t Au in
soil. Mapping has highlighted two distinct target areas that
will be drilled in 2012. Approximately 5,200 meters in 18
reverse circulation holes are planned in the initial program.
On the Toano target, soil sampling has identified
multiple Long Canyon Trend-parallel gold in soils anomalies with
associated pathfinder elements. The identified soil anomalies
measure up to eight kilometers long and are coincident with
pull-apart structures similar to Newmont's Long Canyon deposit.
Rock samples as high as 1.625 g/t Au have been collected in the
areas of the soil anomalies. West
Kirkland is planning on approximately 4,400 meters of
drilling in ten reverse circulation drill holes.
On the Bandito target, West Kirkland has identified areas of high
priority targets for 2012. The Company has identified several
north and northeast orientated structures with elevated gold in
drilling. Previous drilling was limited in depth and did not
test the favourable underlying stratigraphy. The Company will
drill approximately 1,400 meters into the defined Bandito targets
in four reverse circulation holes.
In addition, West
Kirkland also plans to drill on its Gollaher property,
located approximately 20 kilometers southeast of Jackpot, Nevada. The property was
previously drilled with approximately 80 holes by Freeport McMoran in the late 1980's.
At TUG, the Company has drilled approximately 1,300
meters in four holes so far in 2012. Hole WT12-009 returned
1.13 g/t Au and 5.43 g/t Ag over 21.18 meters starting 168.25
meters down the hole. This intercept confirms the potential
for the deposit to expand and drilling is continuing. West Kirkland anticipates the completion of
the maiden 43-101 resource estimate on the TUG deposit by the end
of Q1 2012.
The Company has received results from drilling on
the Bullion Mountain property. The hole intersected favourable
stratigraphy at depth similar to the nearby Pipeline Mine operated
by Barrick Gold. No
significant assays were received. The Company's Long Canyon
projects will be the priority targets in 2012.
The Company is pleased to announce that an NI
43-101 technical report by Caracle Creek International Consulting
Inc. dated January 12, 2012 on its
Nevada properties has been
received and filed on SEDAR and is available on the Company's
website. The report validates the Company's enthusiasm for
its Nevada portfolio.
Key conclusions of the report are:
- It is CCIC's professional opinion that gold mineralization on
the TUG property has been demonstrated to be continuous in three
dimensions and at an economically significant gold grade.
- The Nevada land position has
potential for structural and stratigraphic controlled gold
mineralization and the independent recommended budget for Nevada
Exploration is approximately $5,000,000.
- West Kirkland's initial data
appears to corroborate the historical data on the TUG property. A
further verification and a resource calculation program is
recommended.
The recommended program and resource calculation
are now in progress.
Qualified Person, Verification, Quality
Control and Assurance
Samples of drill core were saw cut, with half the
cut core placed in individual sealed bags and half placed back in
the original core box for permanent storage. Drill core
samples were delivered directly by West
Kirkland personnel to the ALS Chemex prep lab in
Nevada. Prepared pulps were
shipped by ALS Chemex to their North Vancouver Lab where gold was
determined by fire assay fusion with Inductively Coupled Plasma
(ICP) finish. ALS Chemex's North Vancouver Lab is ISO
9001:2008 certified and also is ISO/IEC 17025:2005 accredited by
the Standards Council of Canada
for the assay methods employed.
Michael G. Allen,
Vice President of Exploration for West
Kirkland, and a Qualified Person as defined by Canadian
National Instrument 43-101, has reviewed the information contained
in this news release and has also verified the analytical data for
drill core samples disclosed in this release by reviewing the
blanks, duplicates and certified reference material that the
Company inserted into the sample stream and confirming that they
fall within limits as determined by acceptable industry
practice. He is the non-independent qualified person for this
new release and has verified the data.
About West Kirkland Mining
West Kirkland Mining was formed in 2010 to focus on
gold exploration along major trends in North America. The Company mission is to make
a major gold discovery by working systematically near gold mines
along major trends. The Company has consolidated significant
mineral rights positions in the Kirkland
Lake area of Ontario and
within major gold trends of north eastern Nevada - two of North America's premier gold jurisdictions.
The Company is well supported by experienced institutional
shareholders. The founders and Board of West Kirkland Mining have successful gold
discovery, development and mine operations experience in both
Ontario and Nevada over the past 40 years.
Neither the 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.
Disclaimer for Forward-Looking
Information
This press release contains forward-looking
information within the meaning of Canadian securities laws. Such
information includes, without limitation, information regarding
proposed exploration activities. Although the Company believes that
such information is reasonable, it can give no assurance that such
expectations will prove to be correct. Forward-looking information
is typically identified by words such as: believe, expect,
anticipate, intend, estimate, postulate and similar expressions, or
are those, which, by their nature, refer to future events.
The Company cautions investors that any forward-looking
information provided by the Company is not a guarantee of future
results or performance, and that actual results may differ
materially from those in forward looking information as a result of
various factors, including, but not limited to, the state of the
financial markets for the Company's equity securities, the state of
the market for gold or other minerals that may be produced
generally, recent market volatility; variations in the nature,
quality and quantity of any mineral deposits that may be located,
the Company's ability to obtain any necessary permits, consents or
authorizations required for its activities, to raise the necessary
capital or to be fully able to implement its business strategies
and other risks associated with the exploration and development of
mineral properties. The reader is referred to the Company's public
filings for a more complete discussion of such risk factors and
their potential effects which may be accessed through the Company's
profile on SEDAR at www.sedar.com.
SOURCE West Kirkland Mining Inc
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