Blind Creek Completes Phase 1 Drill Program to Follow Up 2010 Rock Sample Assays That Included 263g/t (8.46 oz/t) Gold, 1350 g/t
July 12 2011 - 7:57AM
Marketwired Canada
Blind Creek Resources Ltd. (TSX VENTURE:BCK) ("the Company" or "Blind Creek")
reports that it has completed the Phase 1 diamond drill program at the Wann
River Project, which consists of mineral claims within the Tagish Lake claim
group in the Atlin Mining Division in northwestern British Columbia. Phase 1
consisted of 17 NTW diamond drill holes for 3,300 meters designed to follow up
on mineralized quartz rock grab and previous trench dump samples collected over
an 800 meter by 180 meter corridor and assayed in 2010 with results that include
263 g/t (8.46 oz/t) gold, 1350 g/t (43.4 oz/t) silver, 4.15% copper, 5.76% lead
and 1.94% zinc (see table below). Drill core is presently being cut and being
sent to the lab and assay results will be released as soon as they are received.
Phase 1 drilling was carried out within the 800 meter by 180 meter corridor
along what is thought to be the hanging wall of the Llewellyn Fault Zone and
encountered sections of pervasive hydrothermal quartz stockwork systems and
several quartz veins. The zone is thought to be open to the southwest, southeast
and northeast, and as a result, a Phase 2 drill program is currently being
designed and will be announced when plans are complete.
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Rock samples
Sample Analysis Assays/Analyses collected
------------------------------------------------------------ over 800m
ID Au Au 1 Au 2 Ag 1 Ag 2 Cu Pb Zn Mo strike
--------------------------------------------------------------------------
ppb (g/t) (g/t) (g/t) (g/t) (%) (%) (%) (%) Location
--------------------------------------------------------------------------
E83351 greater 245 263 1360 1350 4.15 3.46 Lum#2 Trench
than 1000 dump
E83352 greater 256 259 1200 1065 2.75 4.45 1.36 Lum#2 Trench
than 1000 dump
E83353 greater 25.5 154 149 Lum#2 Trench
than 1000 dump
E83355 greater 157 149.5 630 639 2.91 4.75 1.94 Lum#2 Trench
than 1000 dump
E83356 greater 55 384 381 2.65 1.74 Lum#2 Trench
than 1000 dump
--------------------------------------------------------------------------
E83358 greater 52.1 746 788 1.79 5.76 1.04 Lum#1 Trench
than 1000 dump
E83359 greater 8.29 424 448 Trail Vein
than 1000 float
E83362 greater 32.9 30.3 1180 3010 3.35 3.79 Trail Vein
than 1000 float
E83363 62.3 55.5 1.19 Trail Vein
float
E83365 greater 2.5 62.3 Brown Adit
than 1000 grab
--------------------------------------------------------------------------
E83370 415 126 River Vein,
footwall
E83373 greater 3.2 Lum #1 Trench
than 1000 dump
E83384 greater 3.4 320 Dutch Vein
than 1000 chip/80 cm
E83386 greater 1.2 184 Trail Vein
than 1000 chip/80 cm
E83395 greater 15.9 440 1.04 Newfie Vein
than 1000 grab
--------------------------------------------------------------------------
E83396 greater 5.2 116 Newfie Vein
than 1000 grab
65154 135 18.8 0.3 Lum #1 grab
65157 greater 20.3 Lum #1 grab
than 1000
65171 greater 17.2 Trail Vein
than 1000 grab
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All analyses, unless otherwise indicated, were performed by Eco Tech
(Stewart Group)
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Au 1, Ag 1 Eco Tech (Stewart Group) Assay
Au 2, Ag 2 ALS-Chemex Assay
--------------------------------------------------------------------------
The 2010 sampling program at the Wann River Project is believed to be
multi-pulse, hydrothermal quartz vein system. Minerals observed in quartz on
surface include tetrahedrite, chalcopyrite, galena, sphalerite, malachite,
azurite, trace molybdenite, variable pyrite and associated trace arsenic with
associated analytical gold and silver.
The Company began staking claims in 2004 around the historic Engineer Mine and
in the historic Atlin placer gold camp in the Atlin Mining Division of
northwestern British Columbia. The two claim groups now known as the Tagish Lake
and Atlin claim groups have grown to a total of 116,868 hectares of contiguous
mineral claims. The Wann River Project consists of mineral claims covering an
area of 2,271 hectares within the Tagish Lake claim group and is located
approximately 4 km south of the historic Engineer Mine.
The technical information in this News Release has been reviewed and approved by
Nicholas Clive Aspinall, P.Eng., a qualified person as defined in National
Instrument 43-101.
oz/t = troy ounce per metric tonne conversion @ 0.03215
On behalf of the Board of Directors,
J. Frank Callaghan, President and CEO
This News Release contains forward-looking statements. Forward-looking
statements are statements, which relate to future events and conditions and
therefore involve inherent risks and uncertainties. These statements are only
predictions and involve known and unknown risks, uncertainties and other factors
that may cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by these
forward-looking statements. While these forward-looking statements, and any
assumptions upon which they are based, are made in good faith and reflect our
current judgment regarding the direction of our industry, actual results will
almost always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested herein. Except as
required by applicable law, the Company does not intend to update any of the
forward-looking statements to conform these statements to actual results. All
phases of the Company's operations are subject to environmental regulation and
governmental approval and permits and there can be no assurance that the Company
will obtain all the requisite permits for future development. Mining is an
inherently risky business with large capital expenditures and cyclical metals
markets.
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