International Samuel Exploration Prepares for Drilling on Its Golden Triangle, BC Property
International Samuel Exploration Corp. (TSX-V: ISS OTC: ISSFD FSE: RFC3) (the “Company” or “International Samuel”) is pleased to report that it is preparing for a drill program on the LGM property (large consolidated project containing the Lucifer, Grizzly and Mickey West/East projects) located in the heart of the Golden Triangle in British Columbia. The Company's technical team has completed its in-depth review of the recent Induced Polarization (“IP”) data, also the airborne geophysical survey along with extensive soil samples. After the review the team has identified and defined its initial drill targets at the Lucifer showing on the LGM property. The Company engaged the services of Full Force Diamond Drilling Ltd., out of Peachland, B.C., to undertake an aggressive drill program. Full Force crews are currently mobilizing the drill rig to the first drill site and is expected to commence shortly.
The program is targeting a chargeability high coindicant with a resistivity high anomaly identified by the recent IP survey. This geophysical target is within a previously identified 7.7-hectare anomalous soil gold zone. One highly anomalous sample gave 3,010.1 ppb gold and 21 samples gave over 500 ppb gold.
Conrad Swanson, International Samuel's President and CEO, commented: "We are fortunate to have an extended season this year, which is enabling ISS to be able to drill its Golden Triangle project. We are excited to be able to commence our initial drill program on the Lucifer zone. Once we complete drilling at the LGM property we will turn most of our focus on our exploration work at the Williams property, near the Kemess North Mine (Toodoggone mining camp), that Centerra purchased from AuRiCo earlier this year for $310 million. The Williams property is a high-grade project that has had substantial work completed since the 1980’s, including two separate drill programs on two separate anomalies. We believe we are positioned perfectly and have two projects with tremendous upside and we can remain active throughout the year without being affected by the winter weather.
Technical disclosure in this news release has been reviewed and approved by the Company’s Vice President of Exploration, Derrick Strickland P. Geo., a Qualified Person as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS,
“Conrad Swanson”
Conrad Swanson
President and CEO
For further information, please see website www.internationalsamuelexploration.com. A new corporate presentation with information on ISS’s projects can be found here: http://internationalsamuelexploration.com/wp-content/uploads/2018/09/ISS-PPT-September-2018-Williams.pdf.
International Samuel Exploration Corp.
Telephone: 604-317-3090
Email: international@samuelexploration.com
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.
Forward-looking information
Certain statements in this news release constitute “forward-looking” statements. These statements relate to future events or the Company’s future performance. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
Source: International Samuel Exploration Corp. (TSX Venture:ISS, OTC Bulletin Board:ISSFD)