Otish Samples up to 1940.0 Grams Per Tonne at Purini Project, Guyana
July 28 2011 - 8:36AM
Marketwired
Otish Energy Inc. (the "Company") (TSX VENTURE: OEI) is pleased to
announce rock sample assay results from its wholly owned Puruni
Gold Project in the Mazaruni Mining District No. 3, Guyana.
Sample PRX-01 returned 1940.0 grams per tonne gold (gpt Au) or
56.8 ounces per ton gold (opt Au). Sample PRX-02 returned 503.8 gpt
Au (14.71 opt Au). Sample PRX-03 returned 791.3 gpt Au (23.28 opt
Au). The samples are selective grabs taken from quartz boulders
recently excavated from Zone A on the Puruni Property. Zone A is
marked by a strong induced polarization anomaly and a coincident
gold-in-soil geochemical anomaly.
The sampling was completed by the Otish Gold (Guyana) field crew
under the supervision of Martin Zambrano, Senior Geologist. All
analytical work was completed at Acme Analytical Laboratories Ltd.
("Acme") in Vancouver, B.C. Acme is accredited under ISO 9001. The
samples were bagged on site and then delivered to Acme's facility
in Georgetown, Guyana where they were prepared by crushing one
kilogram to 80% passing 10 mesh and then pulverizing a 250-gram
pulp subsample to 85% passing 200 mesh. The pulps were shipped to
Vancouver and initially analyzed for gold by 30g fire assay ICP-MS
technique. All three samples were above the detection limit of this
technique and accordingly were re-assayed using 30g fire assay
gravimetric technique.
"These sample results and the recent induced polarization
results suggest the possibility of a gold-bearing quartz vein
structure. Drilling is required to confirm the existence of this
structure", states Martin Zambrano, Senior Geologist. Mark Fekete,
PGeo., a designated qualified person as defined in Section 1.2 in
and for the purposes of National Instrument 43-101, has reviewed
the technical content of this press release.
On Behalf of the Board of Otish Energy Inc.
Steve Smith, President
This news release may contain forward-looking statements based
on assumptions and judgments of management regarding future events
or results. Such statements are subject to a variety of risks and
uncertainties which could cause actual events or results to differ
materially from those reflected in the forward-looking statements.
The Company disclaims any intention or obligation to revise or
update such statements.
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.
Contacts: Otish Energy Inc. Steve Smith President 604 642-0115
604 642-0116 (FAX) steve@otishenergyinc.com
www.otishenergyinc.com
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