Owner
Post by Franko10 ™ on Mar 2, 2005 9:20:44 GMT -5
July 16, 2003
PHASE TWO PROGRAM COMMENCES AT ELIZABETH GOLD PROJECT
The Board of Directors of J-Pacific Gold Inc. is pleased to announce that the second phase of the 2003 surface exploration program has commenced on J-Pacific’s Elizabeth Gold Project in the Lillooet Mining District of British Columbia. The objective of this phase is to explore the extent of the anomalous gold zones and new mineralized veins identified from both the 2002 and the recently completed 2003 Phase 1 exploration programs. The results from the 2003 Phase 1 program will be released shortly pending receipt of all assays and their final evaluation.
The 2003 Phase 2 program will include trenching and detailed rock sampling along the strike of a newly discovered gold-bearing vein system, and within the Southwest gold geochemical anomaly, in association with an extension of the road system, which will improve access to the area. Additional rock and soil sampling, and mapping will be carried out along all new roads and spurs, and on the extension of the grids in the Southwest Anomaly area and in the No. 9 Vein area. As a result of this work, drill sites will be prepared for testing the gold zones. Property-wide geologic mapping, which will assess the potential for additional favourable mineralized environments, will be augmented by expanded stream sediment sampling coverage and through the production of detailed topographic maps.
The Elizabeth Gold Project, consisting of 2,200 hectares (5,436 acres) of owned and optioned crown grants and mineral claims, is located 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, this Project could be complimentary to any future production using the Blackdome facility.
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.
PHASE TWO PROGRAM COMMENCES AT ELIZABETH GOLD PROJECT
The Board of Directors of J-Pacific Gold Inc. is pleased to announce that the second phase of the 2003 surface exploration program has commenced on J-Pacific’s Elizabeth Gold Project in the Lillooet Mining District of British Columbia. The objective of this phase is to explore the extent of the anomalous gold zones and new mineralized veins identified from both the 2002 and the recently completed 2003 Phase 1 exploration programs. The results from the 2003 Phase 1 program will be released shortly pending receipt of all assays and their final evaluation.
The 2003 Phase 2 program will include trenching and detailed rock sampling along the strike of a newly discovered gold-bearing vein system, and within the Southwest gold geochemical anomaly, in association with an extension of the road system, which will improve access to the area. Additional rock and soil sampling, and mapping will be carried out along all new roads and spurs, and on the extension of the grids in the Southwest Anomaly area and in the No. 9 Vein area. As a result of this work, drill sites will be prepared for testing the gold zones. Property-wide geologic mapping, which will assess the potential for additional favourable mineralized environments, will be augmented by expanded stream sediment sampling coverage and through the production of detailed topographic maps.
The Elizabeth Gold Project, consisting of 2,200 hectares (5,436 acres) of owned and optioned crown grants and mineral claims, is located 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, this Project could be complimentary to any future production using the Blackdome facility.
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.
