Owner
Post by Franko10 ™ on Feb 22, 2005 22:22:28 GMT -5
GOLDEN ARCH RESOURCES LTD.
#928 – 470 Granville Street, Vancouver, BC V6C 1V5 Phone: (604) 681-8222 Fax: (604) 681-8282
GAI: TSX Venture
Exemption 12g3 - 2(b)
GARCF: O.T.C
SEC File # 82-659
NEWS RELEASE
EMILY COPPER ZONE -PROGRESS REPORT
August 9, 2004 – Further to the news release of June 10, 2004, Golden Arch Resources Ltd. is pleased to report that it has identified a potential copper/silver/gold porphyry target, based on widespread reconnaissance sampling of outcrops. An area approximately 600 meters by 800 meters has been identified containing a total of 28 samples which were assayed for copper, silver and gold. The average of 24 of these samples is as follows:
0.30% copper, 33.7 gm silver/Tonne, and 0.341 gm gold /Tonne
(0.30%Cu, 0.98 ounces/ton silver, and 0.01 ounces per ton gold)
One chip sample (not included in the above average) returned the following results:
5.33% copper, 494 gm silver/Tonne, and 4.66 gm gold /Tonne
(5.33% Cu, 14.4 ounces/ton silver, and 0.14 ounces per ton gold)
In addition three representative samples (not included in the above average) were taken in three different parts of the Emily Zone. Each sample was a chip sample taken over a 30 meter length. These samples were as follows:
Sample 2120 – 0.62% copper, 29.4 gm silver/Tonne and 0.245 gm gold/Tonne
(0.62% Cu, 0.857 ounces /ton silver and 0.007 ounces per ton gold)
Sample 2121 – 1.02% copper, 54.2 gm silver/Tonne and 0.220 gm gold/Tonne
(1.02% Cu, 1.58 ounces /ton silver and 0.006 ounces per ton gold)
Sample 2123 – 0.38% copper, 16.0 gm silver/Tonne and 0.140 gm gold/Tonne
(0.38% Cu, 0.47 ounces /ton silver and 0.004 ounces per ton gold)
Although the exploration of the Emily Copper Zone is at a very early stage, the Company management is very excited to be able to report a completely new large copper discovery in Arizona, which is one of the major copper mining areas in the world.
After the State permits are received, the Company plans, on the Emily Zone, a program of systematic mechanical trenching and detailed sampling of the bedrock which will be undertaken to determine the full extent and grade of the zone. A follow-up geophysical survey program is also planned to obtain some subsurface information prior to a drilling program.
The exploration program is under the supervision of R.D. Somerville, P.Eng., a Qualified Person under National Instrument 43-101.
On behalf of the Board of Directors of Golden Arch Resources Ltd.
“Les Kjosness”<br>President
The TSX Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
#928 – 470 Granville Street, Vancouver, BC V6C 1V5 Phone: (604) 681-8222 Fax: (604) 681-8282
GAI: TSX Venture
Exemption 12g3 - 2(b)
GARCF: O.T.C
SEC File # 82-659
NEWS RELEASE
EMILY COPPER ZONE -PROGRESS REPORT
August 9, 2004 – Further to the news release of June 10, 2004, Golden Arch Resources Ltd. is pleased to report that it has identified a potential copper/silver/gold porphyry target, based on widespread reconnaissance sampling of outcrops. An area approximately 600 meters by 800 meters has been identified containing a total of 28 samples which were assayed for copper, silver and gold. The average of 24 of these samples is as follows:
0.30% copper, 33.7 gm silver/Tonne, and 0.341 gm gold /Tonne
(0.30%Cu, 0.98 ounces/ton silver, and 0.01 ounces per ton gold)
One chip sample (not included in the above average) returned the following results:
5.33% copper, 494 gm silver/Tonne, and 4.66 gm gold /Tonne
(5.33% Cu, 14.4 ounces/ton silver, and 0.14 ounces per ton gold)
In addition three representative samples (not included in the above average) were taken in three different parts of the Emily Zone. Each sample was a chip sample taken over a 30 meter length. These samples were as follows:
Sample 2120 – 0.62% copper, 29.4 gm silver/Tonne and 0.245 gm gold/Tonne
(0.62% Cu, 0.857 ounces /ton silver and 0.007 ounces per ton gold)
Sample 2121 – 1.02% copper, 54.2 gm silver/Tonne and 0.220 gm gold/Tonne
(1.02% Cu, 1.58 ounces /ton silver and 0.006 ounces per ton gold)
Sample 2123 – 0.38% copper, 16.0 gm silver/Tonne and 0.140 gm gold/Tonne
(0.38% Cu, 0.47 ounces /ton silver and 0.004 ounces per ton gold)
Although the exploration of the Emily Copper Zone is at a very early stage, the Company management is very excited to be able to report a completely new large copper discovery in Arizona, which is one of the major copper mining areas in the world.
After the State permits are received, the Company plans, on the Emily Zone, a program of systematic mechanical trenching and detailed sampling of the bedrock which will be undertaken to determine the full extent and grade of the zone. A follow-up geophysical survey program is also planned to obtain some subsurface information prior to a drilling program.
The exploration program is under the supervision of R.D. Somerville, P.Eng., a Qualified Person under National Instrument 43-101.
On behalf of the Board of Directors of Golden Arch Resources Ltd.
“Les Kjosness”<br>President
The TSX Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
