Drilling Intersects 48.77 Metres of 2.43g/t Gold
VANCOUVER, BC - Garson Gold Corp. reported diamond drill results from hole BDY08-77 drilled at the Boundary Zone on its 100% owned New Britannia Mine property, located at Snow Lake Manitoba. Highlights of BDY08-77 include the intersection of multiple mineralized lenses including a 48.77 metres (m) intersection with an average grade of 2.43 grams per tonne (g/t) gold.
Garson recently completed a series of short diamond drill holes designed to test the near-surface open-pit potential of the Boundary Zone. The drill program objective was to establish continuity and orientation of multiple, near-surface mineralized lenses and associated structures. "The results of this hole and previously announced drill results, continue to build confidence in the near-surface open-pit potential at Boundary Zone," stated David Tafel, President of Garson Gold.
Hole BDY08-77 intersected gold mineralization over a vertical interval of approximately 66 m starting at a depth of approximately 18 m below surface. In addition to the intersection of previously interpreted lenses, BDY08-77 intersected additional mineralization in the down plunge position which remains open at depth.
The Boundary Zone is located approximately 500 m south of the No. 3 Zone and approximately 1 kilometre north of the New Britannia main mine and mill complex. The Company is nearing completion of a scoping study to evaluate the economics of re-establishing mining at No. 3 Zone by reopening and extending the existing ramp and re-activating the 2,150 tonne/day mill which is currently on care and maintenance. Continued success and delineation of a near surface resource at Boundary Zone could significantly impact future production options from the property.
The company's address is Suite 322, 470 Granville Street, Vancouver, BC V6C 1V5, (604) 484-2161, fax: (604) 683-8544, email: [email protected], www.garsongold.ca.