Golden Dawn Minerals Inc. Announces Resumption of Drilling Program
01.02.2011 | CNW
VANCOUVER, Feb. 1 /CNW/ - Golden Dawn Minerals Inc. (TSXV- GOM, FRANKFURT 3G8 ) is pleased to announce that the Company has resumed its first phase 2,500m (16-hole) diamond drilling program on its Greenwood Project comprised of the Boundary, Wild Rose and Tam O\'Shanter Properties. These properties are contiguous and cover 3,000 ha of highly prospective gold-copper mineralized terrain. In November to December 2010, 732 meters were drilled in 6 holes and assay results were published (see news release of January. 24, 2011). In order to extend the major zone confirmed in the initial six holes, hole 11WR07 has been collared about 400 m northwest of hole 10WR06. The current series of holes will continue to test for higher grades of gold/copper within the 2,000 x200 x 200 m potential low grade bulk tonnage zone that encompasses several higher grade massive sulphide veins. This prospective zone has been intersected by 14 historic drill holes and the 6 holes drilled recently.The reader is cautioned that historical drilling results are being confirmed by current drilling, and such historical results cannot be relied upon until reconfirmed. There are no known mineral resources on the property, and there can be no assurance that any mineral resources will be discovered on the properties, and if discovered there is no assurance that any mineralization may be economically extracted.
The information in this release has been reviewed on behalf of the Company by consultants Dr. Stewart A Jackson, P. Geol. and Mike Dufresne, M.Sc., P.Geol., Qualified Persons. The program is being supervised by Mike Dufresne of APEX Geosciences Ltd.
ON BEHALF OF THE BOARD OF DIRECTORS OF GOLDEN DAWN MINERALS INC.
"Wolf Wiese"
Wolf Wiese
President/CEO
THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER 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.
THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY\'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.
For further information:
GOLDEN DAWN MINERALS INC.
575, 1111 WEST HASTINGS STREET,
VANCOUVER, BC, V6E 2J3
Telephone: (604) 221-8936
Facsimile: (604) 685-2360
www.goldendawnminerals.com