Rye Patch Gold Continues Drilling At Wilco
VANCOUVER, BC - Rye Patch Gold Corp reported initial results from its 2011 drilling campaign on its 100% controlled Wilco project.
Highlights: Core drilling confirms the high-grade gold zone on north side of the Section Line resource along the North Basin structural zone; Core drilling intersects high-grade gold at multiple locations along strike; and Gold zone is open to the west-southwest.
The 2011 Wilco drilling program has several objectives to complete. The first objective is to understand the high-grade gold zone located on the north side of the Section Line discovery. The core-drilling program suggests the geologic model is predictive and the Company is able to target and intersect the high-grade zone. Drillhole results from WRC-005 and WRC-006 show continuity for over 100 metres along the zone. The second objective of the program is to step out along the zone to the west. As presently understood, the North Basin high-grade zone is 100 metres wide and 200 metres long. The zone is open to the west and has geologic potential along a one-kilometre strike length. The high-grade zone is sub-parallel to the Section Line anticline that is the host for the bulk of the Section Line deposit. The orientation of the North Basin high-grade zone suggests the zone will intersect the Section Line anticline approximately 900 metres west-southwest of the current drilling pattern. The area between the current drilling and the proposed intersection will be tested with this round of drilling. William C. (Bill) Howald, the Company's President and CEO commented, "We are extremely pleased with the start of the 2011 core drilling program on our 100% controlled Wilco property. The drilling shows the property has good upside and expansion potential that could add to the existing resource." The program is budgeted for 10 core holes totaling 2,500 metres. At present, two drillholes have been completed, one is in progress, and five more are planned in the high-grade North Basin zone. The Company will drill two core holes in the Section Line resource. The holes will test extensions of the resource to the west. The company's address is 1740-1177 West Hastings Street, Vancouver, BC V6E 2K3, (604) 638-1588, fax: (604) 638-1589, email: [email protected].