Ansell Acquires Property Adjoining Richfield Ventures Corp.'s Blackwater Gold Project
January 22 2010 - 8:30AM
Marketwired
Ansell Capital Corp. (TSX VENTURE: ACP) is pleased to announce that
it has acquired for the cost of staking 14 mineral tenures located
in the Omineca Mining Division of the Province of British Columbia
covering an area of 6,357 hectares. The claims are located near
Richfield Venture's Blackwater Gold Project in Central British
Columbia. The claims known as the Kuyakuz Mountain Project are
located east of the Blackwater Gold Project in an area with similar
geologic features. Underlying formations are undivided volcanics of
the Hazelton Group that are the host of Richfield's Blackwater gold
discovery. Available geological information indicates that the
acquired claims are located in an area where despite much cover of
overburden and Tertiary volcanic rocks, several important gold
showings have been found. In addition, the very large "CHU"
molybdenum deposit is located 25 km north.
A comprehensive program of exploration is being planned and work
will commence when field conditions permit. Access to the property
is provided by a network of well maintained logging roads and
accommodation for field personnel is available at nearby
recreational camps.
On January 5, 2010 Richfield Ventures Corp. issued a news
release announcing its drilling results as follows:
"Gold values are fairly consistent, with several one metre
intervals of higher gold values through much of the hole; the three
highest such samples assayed 132 g/t Au (between 247 and 248 m
depth), 42.5 g/t Au (between 331 and 332 m depth) and 17.8 g/t Au
(between 215 and 216 m depth). The entire hole averaged 1.25 g/t Au
over a sampled length of 329.2 metres from bedrock to the bottom of
the hole. Averages include lower grade intervals; for example one
lower grade interval averaged 0.12 g/t Au over 19 metres (between
312 and 331 m).
---------------------------------------------------------------------------
DDH From (m) To (m) Intvl (m) Au g/t Ag g/t
---------------------------------------------------------------------------
BW 59 7 336.2 329.2 1.25 3.5
---------------------------------------------------------------------------
BW 59 incl. 20 253 233 1.42 2.5
---------------------------------------------------------------------------
BW 59 incl. 121 134 13 3.17 1.2
---------------------------------------------------------------------------
BW 59 incl. 331 336.2 5.2 9.1 45
---------------------------------------------------------------------------
BW 59 incl. 310 312 2 8.6 34.8
---------------------------------------------------------------------------
BW 59 incl. 247 248 1 132 165
---------------------------------------------------------------------------
Widths reported are drill widths; true widths are unknown. All
assays are uncut, length-weighted average values."
Property related maps and information can be viewed on the
company's website at http://www.ansellcapital.com/.
In other developments, Ansell is currently reviewing the
possible acquisition of an interest in a gold prospect located in
Central Brasil.
This News Release has been prepared on behalf of the Ansell
Capital Corp. Board of Directors, which accepts responsibility for
its contents. Technical information in this News Release has been
reviewed and approved by Erik Ostensoe, P. Geo., a Qualified Person
as defined by National Instrument 43-101.
On behalf of the Board of Directors
Jevin Werbes, President, Ansell Capital Corp.
For further information, please visit the website www.sedar.com
to view the Company's profile or contact Ansell at
604-921-1810.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this
News Release. WARNING: The Company relies on litigation protection
for "forward looking" statements. Actual results could differ
materially from those described in the news release as a result of
numerous factors, some of which are outside the control of the
Company. This news release does not constitute an offer to sell or
a solicitation of an offer to sell any of the securities in the
United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws
and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
The TSX Venture Exchange Inc. has in no way passed upon the
merits of the proposed transaction and has neither approved nor
disapproved the contents of this press release.
Contacts: Ansell Capital Corp. Jevin Werbes President (604)
921-1810 (604) 921-1898 (FAX) www.ansellcapital.com
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