Dec 10 2010
Jayden Resources Inc., (TSX:JDN) announces that results from extension drilling to the north of previous drilling have extended the footprint of gold mineralization at Silver Coin by 160 metres. Mineralization remains open to the north and northwest of the existing resource.
Highlights from this drilling include:
The stepout drilling to the north has demonstrated that the mineralization persists in this direction, and remains open. Exploration targets to the south and west of the resource are also being developed for drill testing.
This release represents the final holes of our 2010 drilling program, which consisted of 18 holes totalling approximately 2800 metres. 16 of the 18 holes contained reportable intersections of gold mineralization, and most of those included intervals well in excess of the average grade of the current resource.
"The 2010 program was very successful, and these results set the stage for our 2011 development drilling program. We have shown the potential for developing high grade domains within the deposit as well as strong resource expansion potential. 2011 is shaping up to be a very exciting year for Jayden," comments President, Bob Felder.
Technical information in this press release was prepared and reviewed by Robert Perry, M.Sc., a Certified Professional Geologist as recognized by the American Institute of Professional Geologists (AIPG), also recognized as a Qualified Person under the guidelines of National Instrument 43-101. Drill intersections were calculated using a cutoff of 0.30 g/t Au, and are reported as drilled thicknesses. Work to determine true thicknesses of mineralization is ongoing. Individual samples below the stated cutoff grade of 0.30 g/t Au are occasionally included in the calculated drill intersections, but only to the extent that the average grade in any two adjacent samples remains above the cutoff. Drill samples were assayed by Inspectorate Exploration and Mining Services Ltd. (ISO9001:2008) in Richmond, B.C. for gold by fire assay of a 30 gram (1 assay ton) charge with an AA finish, or if over 10.0 g/t were re-assayed and completed with a gravimetric finish. For these over-limit samples, the gravimetric data were utilized in calculating gold intersections. QA/QC included the insertion and continual monitoring of numerous standards and blanks into the sample stream. Samples were also analyzed for a 32-element geochemical suite using ICP-MS.
Source: Jayden Resources Inc.