August 23, 2011, Vancouver, Canada -- Fire River Gold Corp. (the "Company", "FAU") (TSX.V: FAU), (OTCQX: FVGCF), (FSE: FWR) is pleased to announce additional high-grade results obtained from holes drilled during its 2011 drill program at the Nixon Fork Gold Mine, situated in Alaska's Tintina Gold Belt. The Company has received and confirmed assay results from the drill holes N11U-101 to N11U-199 from the 3300, 3100 and 3000 Zones. This series of drill holes were extremely productive in expanding the extent of the gold mineralization of the 3300 zone. Of particular note is hole number N11U-175.
Fire River Gold will be continuing to drill on its property in order to aid stope design, grow the resource and expand the life of mine.
| HOLE # |
TARGET |
FROM (m) |
TO (m) |
WIDTH (m) |
Au (g/t) |
Au (opt) |
Ag(g/t) |
Ag(opt) |
Cu (%) |
| N11U-102 |
3300-240 |
19.2 |
22.3 |
3.1 |
12.8 |
0.37 |
1.4 |
0.04 |
0.0 |
| |
Including |
19.7 |
20.7 |
1.0 |
29.7 |
0.87 |
3.0 |
1.07 |
0.1 |
| N11U-130 |
3300-190 |
55.8 |
58.8 |
3.1 |
19.8 |
0.37 |
20.9 |
0.04 |
0.8 |
| |
Including |
56.6 |
57.4 |
0.7 |
61.0 |
0.87 |
56.0 |
0.09 |
1.9 |
| N11U-154 |
3300-240 |
84.8 |
87.6 |
2.9 |
21.7 |
0.19 |
14.1 |
2.37 |
0.8 |
| |
Including |
87.1 |
87.6 |
0.5 |
89.0 |
0.23 |
60.0 |
2.74 |
3.0 |
| N11U-163 |
3300-235 |
0.0 |
4.7 |
4.7 |
3.2 |
0.00 |
1.3 |
0.00 |
0.1 |
| |
Including |
14.9 |
19.5 |
4.6 |
66.4 |
0.00 |
76.8 |
0.00 |
4.1 |
| |
Including |
16.5 |
18.1 |
1.6 |
177.0 |
0.10 |
169.0 |
1.06 |
9.4 |
| N11U-165 |
3300-235 |
1.5 |
3.9 |
2.5 |
26.4 |
0.13 |
4.1 |
1.52 |
0.2 |
| |
Including |
1.5 |
2.7 |
1.3 |
46.9 |
0.08 |
6.0 |
0.01 |
0.3 |
| N11U-175 |
3300-235 |
14.9 |
18.5 |
3.5 |
110.0 |
0.04 |
21.6 |
0.03 |
1.2 |
| |
Including |
15.9 |
17.8 |
1.9 |
205.0 |
0.09 |
40.0 |
0.01 |
2.2 |
| N11U-177 |
3300-235 |
0.0 |
4.2 |
4.2 |
5.0 |
0.08 |
3.3 |
0.76 |
0.1 |
| |
Including |
0.7 |
2.0 |
1.3 |
12.7 |
0.14 |
3.0 |
1.58 |
0.1 |
| |
Including |
9.5 |
14.6 |
5.2 |
9.1 |
0.40 |
4.0 |
0.01 |
0.3 |
| |
Including |
9.5 |
10.1 |
0.6 |
26.4 |
0.06 |
7.0 |
1.14 |
0.5 |
| |
Including |
13.5 |
14.6 |
1.2 |
24.7 |
0.19 |
11.1 |
3.97 |
0.7 |
| N11U-184 |
3300-240 |
48.2 |
49.7 |
1.5 |
3.6 |
0.07 |
18.0 |
0.06 |
1.6 |
| |
Including |
53.3 |
55.8 |
2.4 |
2.2 |
0.00 |
6.0 |
0.00 |
0.2 |
| |
Including |
66.5 |
70.8 |
4.4 |
15.8 |
0.00 |
2.0 |
0.00 |
0.1 |
| |
Including |
69.9 |
70.8 |
0.9 |
65.3 |
0.47 |
4.0 |
0.32 |
0.3 |
| N11U-190 |
3300-240 |
63.4 |
69.5 |
6.1 |
10.6 |
0.00 |
34.0 |
0.00 |
1.9 |
| Failed QA/QC |
Including |
63.4 |
65.0 |
1.6 |
33.0 |
0.00 |
118.0 |
0.00 |
6.8 |
| |
Including |
72.5 |
75.6 |
3.1 |
37.6 |
0.06 |
2.4 |
1.54 |
0.1 |
| |
Including |
75.1 |
75.6 |
0.5 |
166.0 |
0.09 |
6.0 |
4.23 |
0.0 |
| N11U-193 |
3300-230 |
94.2 |
94.8 |
0.7 |
117.5 |
0.37 |
116.0 |
0.44 |
8.5 |
| |
Including |
101.8 |
103.3 |
1.5 |
62.3 |
0.06 |
52.0 |
0.10 |
0.2 |
To view all drill results, please view our website.
On behalf of the Board of Directors,
"Richard Goodwin"
Richard Goodwin
President and COO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbour.