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Pelangio Restarts Exploration at Manfo Property in Ghana

Pelangio Exploration Inc. (TSX VENTURE:PX)(OTCBB:PGXPF) has announced that it has recommenced drilling at the Manfo Property in Ghana.

The planned drill program includes:

  • 32 diamond drill holes totaling 4,825 metres on three targets, as follows:
    • 10 holes totaling 1,545 metres at Nfante West to follow up on intersections including 1.5 grams per tonne (g/t) gold over 61 metres (SFDD-079);
    • 10 holes totaling 1,610 metres at Pokukrom West to follow up on intersections including 8.0 g/t gold over 12 metres (SPDD-083), 8.6 g/t gold over 12 metres (SPDD-084), 36.21 g/t gold over 9 metres (SPDD-090) and 8.68 g/t gold over 9 metres (SPDD-092);
    • 12 holes totaling 1,670 metres at Pokukrom East to follow up on intersections including 1.64 g/t gold over 33 metres (SPDD-085), 24.7 g/t over 5 metres (SPDD-088) and 1.03 g/t gold over 46 metres (SPDD-089);
  • Drilling on new targets identified beyond currently defined geochemical anomalies.

Pelangio has confirmed four discoveries on the Manfo Property since announcing its option on the property in early August 2010. Drilling to date has focused on an approximately 10 square kilometre area, though many other targets have been identified or are currently being delineated elsewhere on the property. The Sika North target, for example, located approximately 3.5 kilometres north of Pokukrom West, comprises three separate anomalies contourable at up to 100 ppb gold measuring 200, 400 and 375 metres along strike, respectively. Additionally, the Company has interpreted a 10 kilometre trend of widely spaced anomalies from geochemical and geophysical surveying approximately two kilometres northwest of the drilling completed to date. Geochemical samples were collected on the trend at 800-metre intervals with the results appearing to be related along strike. Further sampling at closer spacing will be conducted in the near future to define the target anomalies for drilling.

The Company has also retained Geotech Airborne Limited to conduct an airborne electromagnetic, radiometric and magnetic geophysical survey (the "Airborne Survey") of the Manfo Property comprising approximately 1,200 line kilometres at 100-metre spacing. The Airborne Survey will be used in connection with further geochemical surveying to identify areas of prospective gold mineralization on the property, which may be the targets of further drilling during 2011. The Company expects the Airborne Survey to be completed by the end of October 2010.

Qualified Person

The exploration program at the Manfo Property is overseen by Warren Bates, P. Geo. (Ontario), a Qualified Person within the meaning of National Instrument 43-101. Mr. Bates has verified and approved the data disclosed in this release, including the sampling, analytical and test data underlying the information.

Source: Pelangio Exploration Inc.


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