Jasper Mining Corporation Announces Commencement of Drilling on its Irony (Pb Zn) Property
CALGARY, July 29, 2011 /CNW/ --
CALGARY, July 29, 2011 /CNW/ - Jasper Mining Corporation ('Jasper')
(TSX-V:JSP) has started its diamond drill program on its 100% owned
Irony property located approximately 94 km northwest of Revelstoke, BC.
The property consists of sixteen mineral tenures, comprising a total of
approximately 6028 ha (14,895 acres) located at the headwaters of
Oliver and Ruddock Creeks. Jasper intends to drill 8 to 12 holes on the
Irony property on geophysical anomalies.
Irony drilling results will be released when available and are expected
in the fall of 2011. A number of the prospective drill locations are
only accessible by helicopter and accordingly, weather is an important
factor in the Irony drilling program. Visit Jasper's website www.jaspermining.com for a map of the Irony drilling locations.
McFarlane
Jasper has been advised that the logging and assaying of the cores from
the 93 drill holes on its McFarlane (Mo) property is proceeding as
expected. The McFarlane property is located immediately east of
Kootenay Lake and immediately west of, and contiguous with, the Lydy
property. The property comprises 3058 ha (7,556 acres) located
immediately adjacent to, and partially overlapping, the Crawford Bay
Stock, a Cretaceous age granitic intrusive. It is 100% owned by Jasper.
Jasper's consultant, TerraLogic Exploration Inc. of Cranbrook, has
indicated that the last core is presently being split and the samples
will be shipped for assaying in the next few days. Jasper is advised
that the results of the assaying should be available towards the end of
September 2011. Visit Jasper's website www.jaspermining.com for a map of the McFarlane drill holes.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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Gordon F. Dixon, Q.C., President, Jasper Mining Corporation, Telephone: (403) 297-9483, Fax: (403) 266-1487, e-mail: gdixon43@telus.net Investor relations inquiries: Beaumont Capital Corp. (403) 668-4880