Owner
Post by Franko10 ™ on Oct 2, 2004 14:01:47 GMT -5
Claimstaker Resources Ltd. Announces Blackdome Gold Mine
Exploration Diamond Drilling Results
VANCOUVER, BRITISH COLUMBIA--The Board of Directors of Claimstaker
Resources Ltd. (VSE Symbol: CLN) announces that its diamond
drilling exploration program at the Blackdome Gold Mine has
completed 7 holes for a total of 3,479 feet of drilling. The
program targeted the No. 11 vein in an effort to discover new ore
reserves below and to the north of existing workings.
All seven of the holes intersected the No. 11 vein and encountered
significant gold values. Holes UG No. 95 and UG No. 96
intersected what appears to be a new lens of ore on the No. 11
vine. The results are as follows:
/T/
Hole Width (metres) Gold (grams/tonne) Silver
(grams/tonne)
UG No. 95 0.70 34.0 26.1
(1.0 oz/ton) (0.76 oz/ton)
Visible gold was observed in Hole UG No. 95
UG No. 96 0.30 301.2 82.1
(8.8 oz/ton) (2.4 oz/ton)
/T/
The drilling program is temporarily suspended until a larger drill
is delivered to the property and new drill stations are prepared.
Claimstaker's management is gratified that we have returned such
encouraging results so early in the 1999 exploration program at
Blackdome.
On behalf of the Board of Directors, CLAIMSTAKER RESOURCES LTD.
R. Somerville, President and CEO
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Bob Veitch
Investor Relations
1-888-236-5200
E-mail: cln@direct.ca
Website: www.claimstakerresources.com
The Vancouver Stock Exchange has neither approved nor disapproved
of the information contained herein.
Exploration Diamond Drilling Results
VANCOUVER, BRITISH COLUMBIA--The Board of Directors of Claimstaker
Resources Ltd. (VSE Symbol: CLN) announces that its diamond
drilling exploration program at the Blackdome Gold Mine has
completed 7 holes for a total of 3,479 feet of drilling. The
program targeted the No. 11 vein in an effort to discover new ore
reserves below and to the north of existing workings.
All seven of the holes intersected the No. 11 vein and encountered
significant gold values. Holes UG No. 95 and UG No. 96
intersected what appears to be a new lens of ore on the No. 11
vine. The results are as follows:
/T/
Hole Width (metres) Gold (grams/tonne) Silver
(grams/tonne)
UG No. 95 0.70 34.0 26.1
(1.0 oz/ton) (0.76 oz/ton)
Visible gold was observed in Hole UG No. 95
UG No. 96 0.30 301.2 82.1
(8.8 oz/ton) (2.4 oz/ton)
/T/
The drilling program is temporarily suspended until a larger drill
is delivered to the property and new drill stations are prepared.
Claimstaker's management is gratified that we have returned such
encouraging results so early in the 1999 exploration program at
Blackdome.
On behalf of the Board of Directors, CLAIMSTAKER RESOURCES LTD.
R. Somerville, President and CEO
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Bob Veitch
Investor Relations
1-888-236-5200
E-mail: cln@direct.ca
Website: www.claimstakerresources.com
The Vancouver Stock Exchange has neither approved nor disapproved
of the information contained herein.
