Drilling Campaign At The Wilco Project
VANCOUVER, BC - Rye Patch Gold Corp. reported remaining assays from its spring drilling campaign on the Wilco project in Pershing County, Nevadam using a 0.343 g/t (0.01 opt) gold cut-off grade.
A review of fire assay results indicated gold particulation (coarse gold) within the sample intervals. Drillholes WR-099 and WR-105 were sent in for metallic-screen assay to determine the extent of the coarse gold. Re-assaying the high grade zone in WR-099 (see June 7, 2010 news release) returned 54.2 g/t from the coarse fraction over a 15.1 metre interval starting at 305 metres down-the-hole and includes a 1.5 metre sample that returned 504 g/t Au using a 1.0 g/t Au cut off. The metallic screen assays broadened the high-grade zone from 6.1 metres to 15.1 metres. The fine fraction returned 1.27 g/t Au over the sample interval which is associated with the disseminated gold component.
In WR-105, the interval from 336.8 meters to 350.6 metres returned an increased average gold assay of 7.32 g/t Au from the coarse fraction compared to 2.11 g/t Au reported from fire assay, and an increase in length from 7.6 metres to 13.7 metres again demonstrating the zone has coarse-grained free gold. The fine fraction returned assays averaging 1.47 g/t Au over the same 13.7 metre interval. Based on these results, the gold mineralization encountered in this drill program - drillholes WR-095 to WR-105 - will be re-assayed using metallic screen methods.
"We are very pleased with the results of this Wilco drilling program. Our ability to predict high-grade zones and then drill them is improving, and a core program will provide more insight into the controls and distribution of the high-grade gold," said William C.Howald, CEO and President.
A total of 3,859 meters in eleven reverse circulation (RC) drillholes was completed in the Wilco spring drilling program. The program outlined a high-grade gold zone that measures 100 metres by 200 metres, and the gold zone is open to the west-southwest. Because the gold in this zone tends to be coarse, free gold in nature, a core program is being planned to better evaluate the structural orientation and distribution of the high grade gold.
Rye Patch Gold maintains a strict quality control program at all of its projects. Drill samples are picked up on site by American Assay's preparation and analytical facility located in Reno, Nevada. Gold analyses are conducted on 1-assay ton prepped samples with gold determined using industry standard fire assay methods with an atomic absorption finish. Gold over limits are determined using fire assay with a gravimetric finish. Silver is analyzed using ICP-MS with silver over limits determined using aqua-regia digestion with an ICP-AES or AAS finish.
In respect of the Lincoln Hill, Wilco, and Jessup projects, Rye Patch Gold's resource inventory now totals 1,182,780 ounces of gold and gold equivalent in the measured and indicated category plus 2,727,100 ounces of gold and gold equivalent in the inferred category.
The company's address is 1740, 1177 West Hastings Street, Vancouver, BC V6E 2K3, (604) 638-1588, fax: (604) 638-1589, email: [email protected].