Jan 26 2011
Dawson Gold Corp. (TSX VENTURE:DYU) provides an update on the ongoing analysis of the results from soil geochemical surveys undertaken during the 2010 summer work program at the Toro Property in the Dawson Range of the White Gold District, central Yukon Territory.
Highlights include:
- Seven soil zones covered by six grids and two contour lines of geochemical soil grid surveys (total 549 samples) expanding on, and infilling between, historic geochemical sampling
- Two newly identified large gold-in-soils anomalous zones defined by values ranging from 25 ppb up to 540 ppb Au.
The geochemical surveys covered four epithermal and/or structurally related Au-mineralization targets comprising three grids and two "contour soil lines" programs. Induced polarization geophysical programs were also conducted on the three soil sampling grids. A total of 549 soil samples were collected from these nine zones.
The geochemical sampling program delineated two new gold targets in Zones 4 and 6. Samples at Zone 6 were collected at 50 m centres and include 11 results over 100 ppb Au (to a maximum value of 540 ppb Au) defining a gold-in-soil anomaly (>100 ppb Au of ~600 m by 300 m). Zone 4 samples were collected at 50 m intervals on lines spaced at 100 m and defined a ~150 m by 200 m gold-in-soil anomaly (<25 ppb Au) clustered at the extreme northwest corner of the Zone 4. Anomalies in both zones remain open both to the west and to the north and are interpreted to correlate with mapped contacts of the Coffee Creek Granite and gold intersections from drilling (See Company news release dated December 17, 2010).
Paul. D. Gray, Dawson Gold CEO, commented: "Targets defined by the successful 2010 soil geochemical program on the Toro Project will be an early and prime work focus in 2011. The Toro Project continues to produce impressive results and the management looks forward to getting back on the ground as early as possible in spring 2011."
The 2010 Toro Project work program was conducted under the supervision of Dawson Gold President Michael Collins, P.Geo., a qualified person under NI 43-101, who has read and approved the content of this news release.
Source: Dawson Gold Corp.