Owner
Post by Franko10 ™ on Mar 2, 2005 8:48:43 GMT -5
FEBRUARY xx, 2003
ELIZABETH REPORT RELEASED
J-Pacific Gold Inc. is pleased to announce that it has filed with SEDAR a 43-101 technical report on the Elizabeth Project. Geoquest Consulting of Vernon, British Columbia authored the report.
The Elizabeth Gold Project is an early-stage exploration project located in the Lillooet Mining Division of British Columbia. It consists of 2,200 hectares (5,436 acres) of owned and optioned crown grants and mineral claims, and is 30 kilometres (18 miles) south southwest of the permitted mill at the J-Pacific-Jipangu Inc. owned Blackdome Gold Mine. Given the proximity and the easily upgradeable access to Blackdome, the Elizabeth Gold Project could be complimentary to any future production using the Blackdome facility.
In the fall of 2002, J-Pacific completed a diamond-drilling, geochemical sampling and underground and surface sampling program. The drilling program demonstrated the probable continuity of veins between the surface and the various underground exposures. Most holes encountered one or more veins, and confirmed the occurrence of significant gold mineralization in a number of intersections, the best being in drill hole 02-02, which produced results of 7.74g Au/tonne (0.226oz Au/ton) over 3.3 metres (10.83 feet), including 13.50g Au/tonne (0.394oz Au/ton) over 0.55 metres (1.80 feet).
Surface sampling at the No. 9 vein returned values upwards of 24g Au/tonne (0.70oz Au/ton) in quartz float, and 164.11g Au/tonne (4.79oz Au/ton) in a grab sample from the No. 9 Vein above the portal.
On behalf of the Board of Directors,
“N. Ferris”<br>President and CEO
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
For further information, please contact Mr. Nick Ferris -Telephone 1-888-236-5200.
ELIZABETH REPORT RELEASED
J-Pacific Gold Inc. is pleased to announce that it has filed with SEDAR a 43-101 technical report on the Elizabeth Project. Geoquest Consulting of Vernon, British Columbia authored the report.
The Elizabeth Gold Project is an early-stage exploration project located in the Lillooet Mining Division of British Columbia. It consists of 2,200 hectares (5,436 acres) of owned and optioned crown grants and mineral claims, and is 30 kilometres (18 miles) south southwest of the permitted mill at the J-Pacific-Jipangu Inc. owned Blackdome Gold Mine. Given the proximity and the easily upgradeable access to Blackdome, the Elizabeth Gold Project could be complimentary to any future production using the Blackdome facility.
In the fall of 2002, J-Pacific completed a diamond-drilling, geochemical sampling and underground and surface sampling program. The drilling program demonstrated the probable continuity of veins between the surface and the various underground exposures. Most holes encountered one or more veins, and confirmed the occurrence of significant gold mineralization in a number of intersections, the best being in drill hole 02-02, which produced results of 7.74g Au/tonne (0.226oz Au/ton) over 3.3 metres (10.83 feet), including 13.50g Au/tonne (0.394oz Au/ton) over 0.55 metres (1.80 feet).
Surface sampling at the No. 9 vein returned values upwards of 24g Au/tonne (0.70oz Au/ton) in quartz float, and 164.11g Au/tonne (4.79oz Au/ton) in a grab sample from the No. 9 Vein above the portal.
On behalf of the Board of Directors,
“N. Ferris”<br>President and CEO
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
For further information, please contact Mr. Nick Ferris -Telephone 1-888-236-5200.
