Mistango River Resources

Published : June 28th, 2011

Adds Drill to Omega Program

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Keywords :   Diamond | Gold | Silica |

Kirkland Lake, Ontario ?June 28, 2011 ?Mistango River Resources Inc. is forwarding a copy of the attached press release to those shareholders and interested parties registered on our internal email mailing list. If you wish to unsubscribe to our mailing list please click on this link

 

                                          MISTANGO ADDS DRILLS

 

 

For immediate release

 

June 28, 2011 (Kirkland Lake, Ontario) Mistango River Resources (CNSX:MIS) provides the following update on their 100% owned Omega property.

 

Drilling on the Omega Property, Larder Lake area, McVittie Township, Ontario.

Two additional drills have been added to the drilling at Omega. The new drills are capable of drilling deep holes and will be used to test the deeper parts of the property while the smaller drill continues to drill in the potential open pit area.

 

To date the company has completed 8 Diamond drill holes but only assays from the first hole have been received.  Hole No. OM-11-01 intersected a new gold zone, 100m in the hanging wall of the old workings of the past producing Omega Mine that has similar geology to the previously mined ore bodies.  The mineralization intersected is 15% disseminated pyrite in altered intermediate volcanic rocks on the hanging wall of sheared and altered ultramafic rocks. A table of composite assays is listed below.

 

Mistango River Resources Inc.

Table 1: 2011  Drilling : Omega Property: McVittie Twp ON- Significant Assay Composites

 

 

 

 

From

To

Width

Assays

 

 

 

Hole No.

Section

Zone

(m)

(m)

(m)

Au g/t

 

Vert. Depth

m

Mineralization

Type

Alteration

 

 

 

 

 

 

 

 

 

 

 

OM-11-01

700W

21

249.0

272.0

23.0

0.94

 

225

Py-?Flow Ore?

Sil-ser

 

 

 

259.0

266.0

7.0

2.68

incl

 

Py-?Flow Ore?

Sil-ser

 

 

 

263.0

266.0

3.0

4.06

incl

 

Py-?Flow Ore?

Sil-ser

 

 

 

264.0

266.0

2.0

5.09

incl

 

Py-?Flow Ore?

Sil-ser

 

 

 

 

 

 

 

 

 

 

 

Note: intersection is 60% of true width; Py-pyrite; sil-silica; ser-sericite; ?Flow-Ore?- mineralization containing 15% disseminated pyrite with similar geologically to the past producing Kerr Addison Mine which is located along the Larder Lake-Cadillac Break approximately 10 km to the east.

 

QA/QC was followed in sampling the core. The core is sawed in half for sampling. Standards, blanks and duplicates were inserted into the stream of core samples every 20 m. The core was assayed at Expert Laboratory Inc. at Rouyn-Noranda, QC using 30 gram samples. The core samples were analyzed using the fire assay method and AA finish. Assays of 1 g/t Au and greater are reassayed using the gravimetric method. Fred Sharpley, P.Geo is the QP for the Omega Property.

 

These results are very encouraging as this is a new Gold zone previously undetected. The hole was drilled with the smaller drill using BTW core and was unable to reach the other main Gold Zones.

 

Mistango River Resources is a Canadian-based junior mining and exploration company focused on existing projects in Ontario and Quebec. Mistango River Resources is listed for trading on the Canadian National Stock Exchange (the "CNSX") under the trading symbol ?MIS?.

The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.

 

Forward-Looking Information

 

This news release contains certain "forward-looking information". All statements, other than statements of historical fact, that address activities, events or developments that Mistango River Resources believes, expects or anticipates will or may occur in the future including, without limitation.  These forward-looking statements reflect the current expectations or beliefs of Mistango River Resources based on information currently available to Mistango River Resources. Forward-looking statements are subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Mistango River Resources  to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Mistango River Resources .  Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws,  Mistango River Resources  disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Mistango River Resources believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

For further information please contact:

Robert Kasner, President and CEO

Telephone: 1 705 567 5351

E-mail: kasner1@ntl.aibn.com

 

Mistango River Resources

DEVELOPMENT STAGE
CODE : MIS.V
CUSIP : 37988P102
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Mistango Rivre is a gold and cobalt development stage company based in Canada.

Mistango Rivre holds various exploration projects in Canada.

Its main asset in development is GOLDFIELDS - BOX DEPOSIT in Canada and its main exploration properties are BOX, OMEGA ONTARIO and KIRKLAND WEST in Canada.

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10/23/2007MPartners Starts Coverage of GLR target Price $1.25 per shar...
In the News and Medias of Mistango River Resources
8/16/2007New Gold zone discovered on GLR's Goldie property in Ontario
Annual reports of Mistango River Resources
Annual Report 2007
Financings of Mistango River Resources
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10/14/2011Closes Non-Brokered Private Placement of Units
10/5/2011Announces Private Placement Financing
7/4/2011Completes Private Placement with Queenston
1/30/2008Announces Private Placement Offering
11/27/2007GLR Resources Completes Flow Through Financing
9/7/2007Completes Non-Brokered Financing
5/15/2007Termination of Private Placement
Nominations of Mistango River Resources
1/19/2012Appoints new VP
12/14/2007Appoints New Chief Financial Officer
2/23/2007Appoints Investor Relations
Project news of Mistango River Resources
5/22/2013Announces Final Infill Drill Results at Omega
1/9/2013Resumes Drilling on their 100% owned Omega Property
6/26/2012Resumes Drilling at Omega MIne Project
4/30/2012Drills 95m of 0.946 g/t Gold at Omega; Company Adds Market L...
1/23/2012Amended Press Release for Mistango River Resources as attach...
1/23/2012Drills 24 Metres of 2.66 g/t Gold in Open Pit Area
1/5/2012Releases more Drill Results and Provides Outlook for 2012
10/25/2011Drill Hole OM-11-19 Intersects Three Gold Zones
6/1/2011(Omega Ontario)Mistango River Resources Drilling Begins on Omega Property
5/26/2009(Goldfields - Box Deposit)GLR Sells Goldfields Mine Assets
3/6/2008(Box)Goldfields E.I.S. Public Review Set to Begin
1/21/2008Makes Significant Progress at its Goldfields Project
1/9/2008(Goldie) Intersects .261 oz gold/ton over 6.6 ft at Goldie Property
12/3/2007(Goldfields - Box Deposit) Updates Drilling Progress at Box Deposit
10/25/2007(Goldfields - Box Deposit) Orders Milling Plant for Goldfields
8/21/2007(Goldfields - Box Deposit)Drilling Resumes on the Goldfields Project
6/25/2007(Athona)Clarifies Recent Details of Recent Final Feasibility Study f...
6/19/2007to Clarify News Release Regarding the Feasibility Study
6/13/2007Completes Final Feasibility Study for Goldfields Project
5/15/2007Goldfields Feasibility Study Update
Corporate news of Mistango River Resources
9/30/2013Receives HM Claim Royalty Consideration
9/4/2013Enters into agreement to sell HM Claim Royalty
7/10/2013d Resource Estimate on Omega Project Larder Lake, Ontario
3/21/2013Completes Infill Drilling Program Aimed at Upgrading Existin...
9/20/2012Signs a Memorandum of Understanding
8/22/2012Reports Further Results at Omega's Open Pit Area
7/12/2012Reports 99% Overall Gold Recoveries from Tests at Omega
3/2/2012Drills 12 Metres of 2.687 g/t Gold at Omega Project
3/1/2012News Release
2/9/2012VP Leaves
12/14/2011Reports on Properties
9/13/2011Resouces Inc. Reports Best Deep Hole Yet
8/3/2011Announces Excellent Results From First Deep Hole
7/7/2011Amends number of Hectares from July 6 Press Release
6/28/2011Adds Drill to Omega Program
3/24/2010Provides Update
11/19/2009Provides Update
10/1/2009Letter to GLR Resources’ Shareholders
8/21/2009Sells Goldfield Assets
8/4/2009Creditors Approve Proposal
7/7/2009– Santa Fe Action Dismissed
6/24/2009Court Order Results in Delay of Sale of Goldfields Assets
6/5/2009Filings Pursuant to the Bankruptcy and Insolvency Act
5/28/2009Responds to Santa Fe Action
1/8/2009Submits Application to List on CNSX
7/9/2008Grandich Letter Updates GLR Resources
7/9/2008M Partners Recommends Buying GLR Resources at Current Prices
5/30/2008Receives Ministerial Approval to Develop the Goldfields Proj...
4/23/2008Goldfields E.I.S. Public Review Now Complete
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11/1/2007 Completes $2,000,000 Financing
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9/5/2007Update Regarding Bank Loan
8/9/2007Inc. Announces New Addition to Board of Directors
8/1/2007Information To Be Available Through S&P Market Access Progra...
6/14/2007Drilling Commences on Goldie Property
4/13/2007Goldfields Feasibility and Exploration Update
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