Results Of 2008 South Eureka Exploration Program
VANCOUVER - Staccato Gold Resources Ltd. reported partial results from the 2008 exploration drilling campaign at its extensive South Eureka Property. The drilling component of the program is now complete.
Three separate project areas were drilled during the program including:
• South Ratto Ridge project area - 19 holes for 16,528 feet; most assays received
• North Lookout Mountain project area - 6 holes for 6,500 feet; assays pending
• Windfall Patents project area - 4 holes for 1,655 feet; assays pending
• Total of 24,683 feet (7,523 metres) of combined RC and core drilling in 29 holes completed during the program.
All of the drilling completed was outside of the existing Lookout Mountain resource area. An approved Plan of Operations is expected to be in hand by mid year 2009 which will allow for future drilling throughout the entire district.
Highlights of the Program to Date:
• Drilled ~20% more than budgeted due to cost efficiencies
• Drill program targeted zones along extensive Ratto Ridge structural zone and along the prospective Windfall trend
• 90 feet @ 0.027 opt (27.4 metres @ 0.926 g/t) gold drilled at South Adit target, a mineralized zone located 2 miles (3.2 kilometres) south of the Lookout Mountain resource area
• Extended mineralized zone at South Adit by 200 feet (61 metres) in dip direction and by 650 feet (198 metres) on strike
• Program will provide sufficient data to complete the first resource estimate for the South Adit area, one of many mineralized zones that occur within the extensive South Eureka district
The main objectives of the program were to confirm the grade of existing mineralization, extend known mineralization on strike and down dip, and drill deeper to allow for better understanding of the stratigraphy and structure in the South Ratto Ridge and North Lookout Mountain Project areas.
The company's address is Suite 2060, 777 Hornby Street, Vancouver, BC V6Z 1T7, 604.682.8789, fax: 604.484.8254.