Geo Minerals Defines Gold-In-Soil Anomalies at West Blackwater
December 14 2010 - 12:36PM
Marketwired
GEO MINERALS LTD. (TSX VENTURE: GM)(FRANKFURT: 8G3) ("Geo" or the
"Company") is pleased to report on progress on its 100 per cent
owned West Blackwater property located approximately 150 kilometers
south of Vanderhoof, B.C. Highlights of the program include
multiple gold-in-soil anomalies, with a peak gold value of 0.35
grams per tonne (357 ppb - parts per billion) received in the south
- central portion of the property. The Company's West Blackwater
property is located immediately west of Richfield Ventures Corp.'s
Blackwater property, were Richfield is currently delineating a
bulk-tonnage gold deposit.
The Company completed a Phase 1 exploration program this past
fall comprising geological mapping, prospecting, gridding and soil
sampling. Soil sampling was completed on grid lines at a 100 metre
spacing, with sample intervals every 50 metres. Four soil samples
returned greater than 20 ppb gold, and an additional four samples
returned 10-19 ppb gold. These samples are considered to be
significantly anomalous when compared to other geochemical surveys
in the region that are available on the B.C. government assessment
files. Assessment file number 29363, on the Dave claim, now owned
by Richfield Ventures Corp., reports peak value of 220 ppb gold
from a 2007 soil sampling survey, and indicated "four zones of
anomalously high gold values (greater than 20 ppb) were
identified".
The four highest anomalies (greater than 20 ppb gold) on the
West Blackwater property are widely spaced, with three on the steep
side slopes of an unnamed hill with an elevation of 1620 m.
Although outcrop exposure is limited, this area is interpreted to
be underlain by rhyolite breccia (pyroclastic) and tuff units. The
fourth anomaly returned 89 ppb gold and is located in a swampy area
in the south-central part of the property, with no rock
exposures.
"Geo Minerals is proposing to complete additional prospecting,
geophysics and further detailed geochemical surveys on the West
Blackwater property as early as possible in 2011," states Michael
England, chief executive officer and president of the Company. "The
objectives of the proposed surface exploration programs will be to
better define drill target related to theses encouraging
geochemical anomalies."
Field activities were completed by UTM Exploration Services of
Smithers, B.C., under the direction of Robert Weicker, PGeo, whom
has been working in the region since 2001. Mr. Weicker is the
qualified person as defined by NI 43-101 and has supervised the
preparation of the technical information in this release.
Geo Minerals is a junior exploration company actively seeking
mineral opportunities in North America for the benefit of all its
stakeholders. For further information we invite you to visit us at
www.geominerals.ca.
ON BEHALF OF THE BOARD
Michael England, President
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.
Contacts: Geo Minerals Ltd. Michael England President
1-604-683-3995 or Toll Free: 1-888-945-4770 1-604-683-3988 (FAX)
www.geominerals.ca
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