• Montag, 23 Dezember 2024
  • 06:18 Uhr Frankfurt
  • 05:18 Uhr London
  • 00:18 Uhr New York
  • 00:18 Uhr Toronto
  • 21:18 Uhr Vancouver
  • 16:18 Uhr Sydney

Sona Begins 4,500-Metre Underground Drill Program at its Elizabeth Gold Deposit Property; Surface Drill Programs at Blackdome and Elizabeth Set for July

09.06.2011  |  Marketwire

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/09/11 -- Sona Resources Corp. (TSX VENTURE: SYS)(FRANKFURT: QS7) (the 'Company' or 'Sona') is pleased to announce the start of a 4,500-metre underground diamond drill program at its 100 percent owned Elizabeth Gold Deposit Property ('Elizabeth'), located in the Lillooet Mining District of southern British Columbia.


The initial drilling will target the West Vein gold mineralization via drill bays being cut into the Upper Adit's east and west walls. The program will test an area along strike and down dip from the West Vein mineralization. The Company will also drill to confirm the Southwest Vein's position along strike to the northeast of the known gold mineralization.


In July, the Company plans to commence surface diamond drilling programs of 3,000 metres at Elizabeth, and 5,000 metres at the formerly producing Blackdome Gold Mine ('Blackdome').


'We'll be drilling aggressively at both properties to expand the known resources and increase our confidence in them,' says John P. Thompson, Sona's President and CEO.


The drilling at Elizabeth will target the southwestern extension of the Southwest gold zone mineralization, along strike and down dip. The most southwesterly drill section has already intersected true-width composite assays of 109.5g Au/t over 1.1 metres (E10-67), 20.0g Au/t over 0.7 metres (E04-11A), and 77.9g Au/t over 2.2 metres (E10-69), at depths below surface of 30 metres, 55 metres, and 70 metres, respectively. This high-grade gold mineralization is open along strike and down dip. The entire Southwest Zone, which now extends approximately 350 metres along strike, has not yet been drilled below 200 metres depth.


The drilling at Blackdome will target the untested southern extension of the Giant Vein for over one kilometre of strike length, between the known gold resource and an outcrop of gold mineralization that was sampled in 2007 and returned values between 0.30 and 9.32g Au/t (news release dated September 11, 2007).


To view the images accompanying this press release, please click on the following link: http://media3.marketwire.com/docs/sys69i.pdf


The content of this news release has been reviewed by John P. Thompson, a Qualified Person for the purposes of NI 43-101, with the ability and authority to verify the authenticity and validity of the data herein.


About Sona Resources Corp.


Since its inception in 1990, Sona has engaged in exploration activities at its mineral properties in Canada and the United States, as well as small-scale gold production at its flagship property, the 100 percent owned Blackdome Gold Mine, in south-central British Columbia, 250 kilometres north of Vancouver. At Blackdome, the indicated mineral resources are estimated at 144,500 tonnes, grading 11.29g Au/t and containing 52,600 ounces of gold; and the inferred resource is estimated at 90,600 tonnes, grading 8.79g Au/t (news release dated May 4, 2010). At its 100 percent owned Elizabeth Gold Deposit Property, 30 kilometres south of the Blackdome Gold Mine, Sona has outlined an inferred gold resource of 522,900 tonnes, grading 12.3g Au/t and containing 206,100 ounces of gold (news release dated June 8, 2009).


Sona aims to bring its permitted Blackdome mill back into production over the next two years at a rate of 200 tonnes per day, with feed from the formerly producing Blackdome Gold Mine and the Elizabeth Gold Deposit Property. A positive Preliminary Economic Assessment by Micon International Ltd. (news release dated May 28, 2010), based on a gold price of $950 per ounce over eight years, has estimated a cash cost of $208 per tonne milled, or $686 per gold ounce recovered.


Sona also holds a 100 percent interest in the Montgolfier Project, located in Quebec, 40 kilometres east of the multimillion-ounce Casa Berardi Mine gold deposit.


This news release contains certain forward-looking statements, and such statements involve risks and uncertainties. The results or events predicted may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release. Except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or any other occurrence.


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:

Sona Resources Corp.

1 (888) 236-5200

1 (604) 684-6678 (FAX)
info@sonaresources.com
www.sonaresources.com


Marston Webb International

Victor Webb/Madlene Olson

Media Inquiries

1 (212) 684-6601

1 (212) 725-4709 (FAX)
marwebint@cs.com



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
Sona Resources Corp.
Bergbau
-
-
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.