Lincoln Hill-Gold Ridge Drilling Complete
VANCOUVER, BC - Rye Patch Gold Corp. reported the phase-1 drilling campaign at the Company's 100% owned Lincoln Hill - Gold Ridge project is complete. Eklund drilling completed a total of 8,375 feet (2,553 metres) in 18 reverse circulation drillholes. An additional 1,875 feet (570 metres) was added to the originally planned 6,500 feet (2,000 metres) drill program. All drill samples have been collected from the site and assay results are pending.
"The Company is very pleased with the observed results of the completed phase-1 drilling program on the Lincoln Hill-Gold Ridge project. Originally, the Company budgeted a total of 6,500 feet of drilling; however, given the thicker than expected oxide and alteration zones observed in the drilling, it was warranted to add the additional 1,875 feet of drilling to this phase. Although assay results are pending, I believe the program achieved its geologic and technical objectives," said Rye Patch's CEO and President, William C. (Bill) Howald.
The Lincoln Hill drilling equipment has now been mobilized to the Company's 100% owned Jessup project to complete the budgeted 10,000 feet (3,000 metres) program. In addition, drilling continues on the Company's Wilco project with an Eklund drill rig completing step-out drilling on the Section Line discovery and new drilling in the newly identified Pay Dirt and the Old Willard mine target areas.
At the Keystone South project, located on the Cortez trend, the Company completed detailed gravity and magnetic geophysical surveys as well as detailed surface mapping and surface geochemistry. The data is being compiled and initial drill targets will be generated later this fall.
As released on the Company's Wilco project on May 12, 2008, and on the Jessup project in December 11, 2007, Rye Patch Gold now holds 779,517 ounces of gold and gold equivalent in the measured and indicated category plus 1,151,776 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].