Khalkos Exploration Inc.: Drilling Results of the Villebon Gold Property and Bulk Sampling
February 03 2014 - 12:11PM
Marketwired Canada
KHALKOS EXPLORATION INC. ("Khalkos" or the "Corporation") (TSX VENTURE:KAS)
announces the results of its first drilling programme recently carried out on
Vein #4 on its gold property of Villebon in the Val-d'Or region in Quebec. The
best results obtained were 3.5 g/t Au over 2.1 m (VB-13-02) including 4.31 g/t
Au over 0.8 m and 4.27 g/t Au over 0.6 m and, 3.5 g/t Au over 1 m ( VB-13-05)
including 5.19 g/t Au over 0.5 m.
The programme of six drill holes, totalizing around 500 m, aimed to verify the
continuity at shallow depth of the Vein #4 revealed by historical drillings and
the surface samples taken by Khalkos in Spring 2013 (3.2 g/t Au in selected
samples). The Vein #4 is situated at more than 1 km of the Cere old headframe
(selected sample of 72 g/t Au: see press release, November 19 2013) and at more
than 500 m of the Vein #3 (selected sample of 73 g/t Au and 69 g/t Au: see press
release December 4 2013).
The NQ drill holes were performed following a triangular pattern of 25 m and all
have intercepted the sulphides mineralized quartz vein (Vein #4) with depths
varying from 25 to 60 m. Though intercepting the vein, drill hole #3 only
yielded weak anomalous gold grade. The drill holes have nonetheless confirmed
the good continuity of the vein #4 on a lateral length of 80 m, its 60 degrees
dip as well as its width ranging from 0.5 to 2 m.
In addition to the drilling programme, Khalkos took a 15-ton rock bulk sample
close to the old Cere headframe. This operation should allow the evaluation of
the recoverable gold grade by gravimetric methods and also help to define the
ore processing characteristics in this sector of the Villebon property. The bulk
sample is ready to be processed by the facilities of Explolab at Val-d'Or. It is
important to note that Explolab is a private entity owned and operated by Robert
Gagnon, the president of Khalkos, and it must be considered as a non-independent
company which is directly related to Khalkos.
Under an assurance and analytical control of quality programme, blank and
certified reference materials were added to the drill core samples taken from
the Villebon property. Core samples were processed by the ALS Chemex laboratory
in Val-d'Or, Quebec by fire assay.
This press release was prepared by Robert Gagnon, President of Khalkos,
Qualified Person pursuant to National Instrument 43-101.
Results of the 2013 drilling campaign on vein #4, Villebon Property
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Sample From To Length Au (g/t) Average
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VB-13-01A 28 28.9 0.9 2.63 1.43 g/t Au over 2.2m
---------------------------------------------------
VB-13-01A 28.9 29.7 0.8 0.582
---------------------------------------------------
VB-13-01A 29.7 30.2 0.5 0.683
----------------------------------------------------------------------------
VB-13-01A 31 32 1 0.252
----------------------------------------------------------------------------
VB-13-01A 35.5 36 0.5 3.28 1.2 g/t Au over 1.5m
---------------------------------------------------
VB-13-01A 36 37 1 0.162
----------------------------------------------------------------------------
---------------------------------------------------
VB-13-02 31.3 31.8 0.5 1.145
---------------------------------------------------
VB-13-02 32.4 33 0.6 1.62
---------------------------------------------------
VB-13-02 34.5 35 0.5 0.652
----------------------------------------------------------------------------
VB-13-02 38.8 39.5 0.7 2.2 3.5 g/t Au over 2.1m
---------------------------------------------------
VB-13-02 39.5 40.1 0.6 4.27
---------------------------------------------------
VB-13-02 40.1 40.9 0.8 4.31
----------------------------------------------------------------------------
VB-13-02 40.9 41.4 0.5 0.303
---------------------------------------------------
VB-13-02 43 43.5 0.5 1.565
---------------------------------------------------
---------------------------------------------------
VB-13-04 66.5 67 0.5 0.355
---------------------------------------------------
VB-13-04 77.5 78 0.5 0.842
---------------------------------------------------
----------------------------------------------------------------------------
VB-13-05 57 57.5 0.5 1.99 3.5g/t Au over 1m
---------------------------------------------------
VB-13-05 57.5 58 0.5 5.19
----------------------------------------------------------------------------
VB-13-05 58 59 1 0.104
---------------------------------------------------
---------------------------------------------------
VB-13-06 62.5 63 0.5 2.33
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Neither the 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Robert Gagnon
President
rgagnon@khalkos.com
(819) 860-2621
Peter Kong, B.B.A.
pkong@khalkos.com
(514) 750-9026
(514) 510-7964 (FAX)
www.khalkos.com
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