| AurCrest Gold Announces Drilling Results from Richardson Lake Property | |
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TORONTO, ONTARIO--(Marketwired - Sep 25, 2014) - AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX Venture:AGO) is pleased to announce assay results from the first two Diamond drill holes of its 2014 exploration program at the Richardson Lake Property including a one metre intersection at the bottom of hole RL-14-08 grading 15.48 g/t Au. The Company is drill testing interpreted shear zones originally discovered in hole RL-12-07 (News Release, April 30 2012) associated with a two kilometre long folded high magnetic anomaly which has been identified as gold bearing from both surface sampling and the above mentioned drill-hole. Drilling was paused after the completion of the two holes pending the return of these results. Trevor Boyd, P.Geo., Vice President of Exploration, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this press release. About AurCrest Gold Inc. AurCrest is a mineral exploration company focused on the acquisition, exploration, and development of gold properties. AurCrest has a portfolio of properties in Ontario, which include the Richardson Lake and Bridget Lake gold properties. Forward Looking Statement: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. AurCrest undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements. 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.
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AurCrest Gold Inc
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EXPLORATION STAGE |
CODE : AGO.V |
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CUSIP : 05153A101 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Aurcrest gold is a gold exploration company based in Canada. Aurcrest gold holds various exploration projects in Canada. Its main exploration properties are GARNET LAKE, RICHARDSON LAKE, COPPERLODE, FREDART LAKE, FREDART EAST, BEN LAKE, DIXIE PROPERTY, SOUTH BAY PROPERTY, JOY PROPERTY JOY LONG, SNAKE FALLS - SNAKE DIXIE, BRIDGET LAKE, CONFEDERATION LAKE - FALCONBRIDGE, RING OF FIRE and LAC ROCHER - TRIBUTE / STORIMIN in Canada. Aurcrest gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 10.1 millions as of today (US$ 8.0 millions, € 8.3 millions). Its stock quote reached its highest recent level on April 01, 2010 at CA$ 1.20, and its lowest recent point on December 27, 2018 at CA$ 0.01. Aurcrest gold has 74 574 191 shares outstanding. |