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Ansell Capital Releases Summer Drilling Results from Charlotte Gold Project

Ansell Capital has reported the last assay results from the drilling campaign carried out during the 2012 summer season at the Charlotte gold project, located in the Tintina gold belt of Yukon.

The company has obtained complete assay results from all the six diamond holes drilled at the Flex zone of the Charlotte property, which is situated in the productive Tintina belt. The 2012 summer campaign included 1883.54 m of drilling, totaling six holes.

The drilling results have exposed up to Flex zone’s southern end along strike and down dip. Prospective for down plunge expansions of the broadly mineralized zones in the Flow zone’s central portion is extensively improved.

The company encountered 27.7 g/t gold and 429.9 g/t silver over 2.64 m; 6.70 g/t gold and 316.7 g/t silver over 8.14 m, and 2.57 g/t gold and 114.0 g/t silver over 23.74 m in hole DDH-12-280; 49.43 g/t gold and 871.6 g/t silver over 1.55 m and 1.14 g/t gold and 63.6 g/t silver over 14.26 m in hole DDH-12-276; and 4.15 g/t gold and 73.9 g/t silver over 4.08 m and 1.57 g/t gold and 26.2 g/t silver over 13.00 m in hole DDH-12-278. This year’s campaign aimed to extend the mineralization in the Flex zone located at depth and towards the southern part.

DDH 12-275 specifically examined the area identified between the Webber and Flex zones and intercepted a broad low-grade and a narrow high-grade zone. DDH 12-276 analyzed the Hanging Wall vein’s down plunge expansion and intersected four well mineralized zones. DDH 12-277 was examined for down dip expansions of the Flex zone’s central portion and intercepted three mineralized zones. DDH 12-279 analyzed the prospect to extend the Flex zone towards south.

Vancouver-based Acme Laboratories conducted the laboratory analyses.

Source: http://www.ansellcapital.com/

G.P. Thomas

Written by

G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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