• Montag, 17 Juni 2024
  • 16:06 Uhr Frankfurt
  • 15:06 Uhr London
  • 10:06 Uhr New York
  • 10:06 Uhr Toronto
  • 07:06 Uhr Vancouver
  • 00:06 Uhr Sydney

Adroit Resources Stakes 17 Claims (246 Units) to Their Red Vein Property, Larder Lake Break, Timmins South Mining Camp

17.04.2012  |  Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/17/12 -- Adroit Resources Inc. (TSX VENTURE: ADT) (FRANKFURT: A7V) (BERLIN: A7V) stakes 17 claims (246 units) to their Red Vein Property, Larder Lake Break, Timmins South Mining Camp, Ontario.

Management is pleased to announce the acquisition of seventeen claims (246 claim units) located in Raymond and Mond Townships. The new claims cover an area of 3,936 hectares and expand the extensive Red Vein property to 92 claims (1,191 claim units) for a total area of 19,056 hectares. The property now covers parts of Burrows, Kelvin, Kemp, Natal, Sothman, Raymond and Mond Townships in the Timmins South mining camp.

The new claims are of particular significance to the Company's exploration efforts as they represent the acquisition of a larger portion of the Larder Lake Break on the northeastern segment of the property. This deformation zone hosts very significant amounts of gold mineralization, including the mines at Kirkland Lake, where 37.3 million oz. of gold from 25 mines were mined from 100 million tonnes at a recovered grade of 12.74 g/t. The camp ranks second in Canada, next only to Timmins, with respect to total ounces of gold produced.

Adroit Resources Red Vein property is bounded in the north in Sothman township, by the Xstrata Sothman nickel deposit and by the SGX Resources Edelston property (for a map, please go to Adroit's homepage, www.adroitresources.ca). Recent (February 23, 2012 SGX Resources Press Release) exploration on the Edelston property intersected 65 m of 1.82 g/t gold hosted within a silicified and sheared ultramafic volcanic rock with 3-5% pyrite, rare chalcopyrite and visible gold. This zone has now been traced for 900 m in a northeast-southwest trend and is the focus of an active drill program. The Red Vein Property also extends southwards into the Shining Tree Camp, which was the focus of Adroit's recent drilling program at the Little Pigeon Lake part of the property. Mineral Mountain's Shining Tree property is contiguous to Adroit and the recent discovery at the Cook Zone which intersected 5.03 g/t Au over 8.5m, 21.41 g/t Au over 3.0m, 11.9 g/t Au over 5.5m (November 9, 2011 Mineral Mountain Resources Press Release). The Cook Zone is approximately 7km from the Red Vein Property.

Adroit Resources President, Graeme Rowland, states, "We are pleased with the acquisition of additional ground along the historic Larder Lake Break that provides us with high-potential gold exploration opportunities. Adroit views the location of the Red Vein property as significant given its position adjacent to SGX Resources (SXR) Timmins South Edelston property. An assessment of the impact of this new discovery and the possible relationship to the Company's ground is currently underway."

The Red Vein property is part of the Company's growing property portfolio in this under explored area of the Abitibi Greenstone Belt in Ontario. It is situated in the heart of a highly productive mining triangle between the established centers of Timmins, Sudbury and Kirkland Lake, where more than 170 million ounces of gold and 200 million tons of base metals have been mined.

Mark Fedikow, Ph.D., P.Eng., P.Geo., C.P.G., has verified and approved the geoscientific information contained in this news release. Dr. Fedikow is a Qualified Person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

Adroit Resources Inc. is a mineral exploration company that is currently exploring for antimony, gold and silver in Central Italy and, precious and base metals in the Timmins South/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. The Company currently has 135,295,191 shares issued and outstanding.


On behalf of the Board of Directors,

Graeme Rowland
Chairman and President



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:

Adroit Resources Inc.
Graeme Rowland, Chairman and President
(604) 688-3304
info@adroitresources.ca
www.adroitresources.ca

Blackwell (Corporate Advisor)
(416) 364-3123
blackwell@tcn.net
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
iMetal Resources Inc.
Bergbau
A403XE
CA45250A4063

Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.