Correction: Fire River Gold Announces Further Drill Results
VANCOUVER, Aug. 23, 2011 /CNW/ --
VANCOUVER, Aug. 23, 2011 /CNW/ - Fire River Gold Corp. (the 'Company',
'FAU') (TSX.V: FAU), (OTCQX: FVGCF), (FSE: FWR) is pleased to announce additional high-grade results obtained from holes
drilled during its 2011 drill program at the Nixon Fork Gold Mine,
situated in Alaska's Tintina Gold Belt. The Company has received and
confirmed assay results from the drill holes N11U-101 to N11U-199 from
the 3300, 3100 and 3000 Zones. This series of drill holes were
extremely productive in expanding the extent of the gold mineralization
of the 3300 zone. Of particular note is hole number N11U-175.
Fire River Gold will be continuing to drill on its property in order to
aid stope design, grow the resource and expand the life of mine.
____________________________________________________________________
|HOLE # | |FROM | TO |WIDTH| Au | Au | Ag | Ag |Cu |
| | TARGET | (m) | (m) | (m) |(g/t)|(opt)|(g/t)|(opt)|(%)|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-102 | 3300-240|19.2 |22.3 | 3.1 |12.8 |0.37 | 1.4 |0.04 |0.0|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|19.7 |20.7 | 1.0 |29.7 |0.87 | 3.0 |0.09 |0.1|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-130 | 3300-190|55.8 |58.8 | 3.1 |19.8 |0.58 |20.9 |0.61 |0.8|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|56.6 |57.4 | 0.7 |61.0 |1.78 |56.0 |1.63 |1.9|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-154 | 3300-240|84.8 |87.6 | 2.9 |21.7 |0.63 |14.1 |0.41 |0.8|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|87.1 |87.6 | 0.5 |89.0 |2.59 |60.0 |1.75 |3.0|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-163 | 3300-235| 0.0 | 4.7 | 4.7 | 3.2 |0.09 | 1.3 |0.04 |0.1|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|14.9 |19.5 | 4.6 |66.4 |1.94 |76.8 |2.24 |4.1|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|16.5 |18.1 | 1.6 |177.0|5.16 |169.0|4.93 |9.4|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-165 | 3300-235| 1.5 | 3.9 | 2.5 |26.4 |0.77 | 4.1 |0.12 |0.2|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including| 1.5 | 2.7 | 1.3 |46.9 |1.37 | 6.0 |0.18 |0.3|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-175 | 3300-235|14.9 |18.5 | 3.5 |110.0|3.21 |21.6 |0.63 |1.2|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|15.9 |17.8 | 1.9 |205.0|5.98 |40.0 |1.17 |2.2|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-177 | 3300-235| 0.0 | 4.2 | 4.2 | 5.0 |0.15 | 3.3 |0.10 |0.1|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including| 0.7 | 2.0 | 1.3 |12.7 |0.37 | 3.0 |0.09 |0.1|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including| 9.5 |14.6 | 5.2 | 9.1 |0.26 | 4.0 |0.12 |0.3|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including| 9.5 |10.1 | 0.6 |26.4 |0.77 | 7.0 |0.20 |0.5|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|13.5 |14.6 | 1.2 |24.7 |0.72 |11.1 |0.32 |0.7|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-184 | 3300-240|48.2 |49.7 | 1.5 | 3.6 |0.11 |18.0 |0.53 |1.6|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|53.3 |55.8 | 2.4 | 2.2 |0.06 | 6.0 |0.18 |0.2|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|66.5 |70.8 | 4.4 |15.8 |0.46 | 2.0 |0.06 |0.1|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|69.9 |70.8 | 0.9 |65.3 |1.90 | 4.0 |0.12 |0.3|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-190 | 3300-240|63.4 |69.5 | 6.1 |10.6 |0.31 |34.0 |0.99 |1.9|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|Failed QA/QC|Including|63.4 |65.0 | 1.6 |33.0 |0.96 |118.0|3.44 |6.8|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|72.5 |75.6 | 3.1 |37.6 |1.10 | 2.4 |0.07 |0.1|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|75.1 |75.6 | 0.5 |166.0|4.84 | 6.0 |0.18 |0.0|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
|N11U-193 | 3300-230|94.2 |94.8 | 0.7 |117.5|3.43 |116.0|3.38 |8.5|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
| |Including|101.8|103.3| 1.5 |62.3 |1.82 |52.0 |1.52 |0.2|
|____________|_________|_____|_____|_____|_____|_____|_____|_____|___|
NOTE: Ounces must be per short ton so that metric and imperial units are
not mixed. 34.3g/tonne = 1.0 oz/ton
To view all drill results, please view our website.
Quality Assurance and Quality Control (QA/QC)
Rigorous controls are in place to ensure the traceability of samples and
their results. Upon delivery core is prepped and logged with intervals
of interest and/or mineralization marked for sampling. The core is
subsequently photographed prior to cutting. Half the core is retained
for future reference and the remaining half placed in double poly bags
and sealed for shipment. Samples are delivered to ALS Chemex in
Fairbanks, AK where they are dried, crushed, and representative splits
are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC
for assay. ALS Chemex complies with the requirements for the
International Standards ISO 9001:2000 and ISO 17025:1999. Analysis
includes Fire Assay with gravimetric finish for gold and ICP for 33
other elements. Gold assays results greater than 5 ppm are
automatically re-submitted for screen metallic analysis. QA/QC is
verified using external standards, blanks, and duplicates with 13% of
all samples submitted being QA/QC check samples. Results are examined
ensuring control samples fall within 2.5 standard deviations of
certified values. Failed results are re-analyzed by the lab and/or
additional samples from the remaining core are submitted for analysis.
The Qualified Person for this news release is Richard Goodwin, P.Eng,
President & C.O.O for Fire River Gold.
On behalf of the Board of Directors,
'Richard Goodwin'
___________________
Richard Goodwin
President & C.O.O.
Certain information regarding the Company including management's
assessment of future plans and operations, may constitute
forward-looking statements under applicable securities laws and
necessarily involve risks associated with mining exploration and
development, volatility of prices, currency fluctuations, imprecision
of resource estimates, environmental and permitting risks, access to
labour and services, competition from other companies and ability to
access sufficient capital. As a consequence, actual results may differ
materially from those anticipated in the forward-looking statements. A
feasibility study has not been completed and there is no certainty the
disclosed targets will be reached nor that the proposed operations will
be economically viable. 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. We seek safe harbour.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/August2011/23/c5712.html
Tel: 1 604 685 1870 Fax: 1 604 685 8045 Email: info@firerivergold.com or visit www.firerivergold.com 2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3 |