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Ansell Capital Commences Phase Two Soil Sampling on Dal Property

Ansell Capital has commenced the second phase of its soil sampling program on the Dal property in Yukon. This program is aimed at sampling two small grids noted for soil anomalies for gold, discovered as part of the sampling program conducted last year. The program is being executed by Ground Truth Exploration.

The grab samples collected from outcrops of the Dal property have shown high-grade values for gold and copper. Out of the two samples taken from the eastern part of the property, one yielded 20.37 g/t gold and 10.4% copper, while the other assayed 8.3 g/t gold, 16.0% copper. A sample was also taken from the west of the property, which assayed 5.27% copper.

According to the Geological Survey of Canada, the Dal property is embedded with major magnetic anomaly trending from the east to the west. Geological reports characterize this anomaly as komatiitic ultramafic flows that also have associated listwaenites (silica-carbonate-fuchsite-altered serpentinites). These komatiites are stated to be a potential source for massive sulphide mineralization of copper and nickel. The listwaenites are listed as a potential host for gold mineralization. There are ultramafic sequences formed in an anticlinal structure, underlining the presence of a volcano-sedimentary stratigraphic sequence. A sedimentary sequence, consisting of shales, sandstones and conglomerates, overlays the formations. There are resistant limestone units present, which appear as prominent hilltops.

The Dal property measures roughly 3,600 ha and lies between the Rau Trend (Tiger zone) and the Nadaleen Trend (Osiris zone). The property is known for its 178 mineral claims that are sighted as contiguous to the Nadaleen trend portion of ATAC's property.

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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