West Kirkland Mining

Published : July 31st, 2012

Commences Drilling on Long Canyon Trend

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Keywords :   Gold | Gold Discovery | Knox | Market | Volatility |
West Kirkland Mining INC.

West Kirkland Commences Drilling on Long Canyon Trend

VANCOUVER, BRITISH COLUMBIA, July 31, 2012 - West Kirkland Mining Inc. (WKM:TSXV) (�West Kirkland,� or the �Company�) is pleased to announce the commencement of drilling on its Long Canyon Trend properties located in Elko County, Nevada.  Approximately 2,500 meters of initial drilling will be completed by September on the 12 Mile and Toano showings. The drilling will test new gold mineralization found at surface that is associated with the key stratigraphic contacts of the Long Canyon Trend. 

Six drill pads have now been built on the 12 Mile showing.  Targets at 12 Mile were developed by mapping and sampling by the Company.  Gold mineralization has been noted to occur in the same stratigraphic position as the TUG deposit, located 10 kilometers to the east.  Mineralization has been noted in one drill pad where samples returned an average grade of 0.33 g/t Au and 1.00 g/t Ag over approximately 29.0 meters. (For further details see the Company�s July 3, 2012 News Release.)

At Toano the Company�s drilling will test targets with a similar geological setting to the nearby 2.2 million ounce Long Canyon gold deposit.  3,460 soil samples on the property outlined an eight kilometer long, gold and associated pathfinder anomaly combined with rock samples including 1.0 to 3.6 g/t Au values at surface. Roads and drill pads will be constructed into the Toano showing while drilling is being carried out at 12 Mile.  The Company intends to then mobilize a second rig to the Toano property. 

Michael G. Allen, Vice President of Exploration of West Kirkland said, �Drilling at 12 Mile is an exciting opportunity to collar holes in gold mineralization and test new targets that have not previously been drilled. Our baseline work on more than 160 square kilometers has confirmed that the belt has potential for structurally controlled gold at surface.  The drilling at Toano represents an opportunity to test for mineralization in structures similar to those that host Newmont�s Long Canyon deposit located in the next range to the west.  Both the 12 Mile and Toano targets have the potential to host significant shallow oxide gold resources similar to the TUG deposit and Newmont�s Long Canyon deposit.� 

Details

The Company plans to drill approximately 1,500 meters at 12 Mile during the first phase of drilling and approximately 1,000 meters at Toano.  The targets for initial drilling at 12 Mile are steeply dipping structures cutting the Guilmette formation, which is the host for the nearby TUG deposit. Highly elevated levels of gold and pathfinder elements noted in surface samples suggest that the exposure at surface may be the upper part of a gold mineralizing system.

At Toano, the drill target is a pull-apart structure similar to structures that host the nearby Long Canyon deposit.  Detailed mapping has identified a structural corridor with northeast trending structures and jasperoids with elevated gold as well as pathfinder elements in soils. 

The 12 Mile and Toano showings are part of the land package under option from Rubicon Minerals whereby the Company controls the dominant land position in the northerly portion of the Long Canyon Trend.  The Rubicon agreement covers over 950 square kilometers and gives the Company an option to earn a 60% interest in the mineral rights at 12 Mile and a 51% interest in the mineral rights at Toano.  Through its option agreement with Fronteer Gold (now owned by Newmont) the Company controls another 74 square kilometers in the Long Canyon Trend.

Corporate Update and Focus

The use of proceeds for the recently closed financing for gross proceeds of $1.69 million will be focused on Nevada exploration and general corporate purposes.  Newmont confirmed in its July 20, 2012 news release that the company has acquired 9.9% of West Kirkland Mining Inc. through participation in this financing and their previous holdings.

West Kirkland�s focus is to add to its resource base near the TUG gold deposit and within the Long Canyon Trend through regional exploration for near surface gold deposits. The structural model for gold deposits in the Long Canyon Trend has become better understood since the recent discovery of the large scale Long Canyon deposit, resulting in accelerated exploration in the area. The Long Canyon deposit was acquired by Newmont as part of the acquisition of Fronteer Gold.  The Long Canyon Trend is delineated by the Long Canyon deposit in the southwest and the TUG deposit 65 kilometers to the northeast. West Kirkland has the dominant land position between these two deposits. 

Data, Verification, Quality Control and Assurance

Michael G. Allen, Vice President of Exploration for West Kirkland, and a qualified person as defined by NI 43-101, has reviewed and approved the technical information in this news release other than the inferred mineral resource estimate, including but not limited to the plans of the Company. He is the non-independent qualified person for the purpose of this news release.

About West Kirkland

West Kirkland was formed in 2010 to focus on gold exploration along major trends in North America. The Company has consolidated significant mineral rights positions in the Kirkland Lake area of Ontario and within major gold trends of northeastern Nevada - two of North America�s premier gold jurisdictions. The founders and Board of West Kirkland have successful gold discovery, development and mine operations experience in both Ontario and Nevada over the past 40 years.

For further information, please see the Company�s website at www.wkmining.com or contact us by email at info@wkmining.com or call:

West Kirkland Mining Inc.
R. Michael Jones, Michael Allen or Knox Henderson at (604) 685-8311

Or

Sequoia Partners
James Beesley: 778-389-7715 or james@sequoiapartners.ca

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.

Disclaimer for Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding proposed exploration activities. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company�s equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company�s profile on SEDAR at www.sedar.com.

West Kirkland Mining

CODE : WKM.V
ISIN : CA9535551092
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West Kirkland Mining is a exploration company based in Canada.

West Kirkland Mining is listed in Canada. Its market capitalisation is CA$ 140.2 millions as of today (US$ 139.0 millions, € 88.7 millions).

Its stock quote reached its highest recent level on December 31, 2010 at CA$ 1.70, and its lowest recent point on June 14, 2019 at CA$ 0.03.

West Kirkland Mining has 326 089 984 shares outstanding.

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Financings of West Kirkland Mining
1/31/2013Arranging for New Significant Investor to Participate in Fin...
Project news of West Kirkland Mining
2/24/2014Reports Increased and Upgraded Resources at Hasbrouck and Th...
4/25/2013Reports Metallurgical Assays and Exploration Results
10/18/2012’s TUG Gold Project Advances, Partner Elects to Acquire Mine...
9/26/2012Drills New Gold Zone Near TUG Deposit, Long Canyon Trend, Ne...
9/7/2012Rathdowney Resources, Mawson Resources and West Kirkland Min...
8/20/2012Rathdowney Resources and West Kirkland Mining Investors Foru...
7/31/2012Commences Drilling on Long Canyon Trend
7/16/2012Files TUG Resource Estimate on SEDAR
6/2/2012Estimates TUG Deposit at 679,000 AuEq oz Inferred
6/1/2012Announces Initial Near Surface Gold Resource
4/23/2012Exploration Update and Plans
2/23/2012Expands Nevada Drill Campaign to New Targets in Long Canyon ...
1/19/2012Join West Kirkland Mining at the Vancouver Resource Show, Ja...
10/3/2011Drills 16.15 g/t Gold Over 5.0 Meters in New Discovery at Ki...
9/8/2011Mobilizes Drill to Bullion Mountain Project, Cortez Area, Ne...
8/16/2011Intercepts 7.88 g/t Gold Over 2.41 Meters Within 1.04 g/t Go...
7/19/2011Initial Gold Intercept for West Kirkland in the Long Canyon ...
6/23/2011Drilling Update: Continued Gold Intercepts in Kirkland Lake
3/24/2011Drilling Update
Corporate news of West Kirkland Mining
4/12/2016West Kirkland Mining Update And Grant Of Incentive Stock Opt...
4/7/2016Eastfield Resources Corporate Update
12/31/2015West Kirkland Announces and Closes a Non Brokered Private Pl...
11/27/2015WEST KIRKLAND OBTAINS FEDERAL PERMIT TO CONSTRUCT AND OPERAT...
11/27/2015IIROC Trading Resumption - WKM, WKM.WT
11/27/2015IIROC Trading Halt - WKM, WKM.WT
3/9/2015West Kirkland’s Project Update Highlights Increased Gold Rec...
3/9/2015West Kirkland's Project Update Highlights Increased Gold Rec...
1/27/2015West Kirkland Intercepts 16.8 Meters of 1.24 Grams Per Tonne...
12/3/2014West Kirkland Achieves 81% Gold Recovery On Run-Of-Mine Bulk...
11/25/2014West Kirkland Submits Mine Plan Of Operations For Three Hill...
11/21/2014West Kirkland Cuts 39.6 Meters Of 1.36 Grams Per Tonne Gold ...
11/17/2014West Kirkland Cuts 39.6 Meters of 1.36 Grams Per Tonne Gold ...
10/22/2014West Kirkland Continues Exploration Drilling At Hasbrouck Pr...
9/9/2014West Kirkland Cuts 50.29 Meters of 0.73 Grams Per Tonne Gold...
6/25/2014West Kirkland Mining Announces Grant of Incentive Stock Opti...
6/12/2014West Kirkland Fast-Tracks Bulk Sample to Confirm Run-of-Mine...
6/3/2014West Kirkland Commences Exploration and Prefeasibility Study...
4/23/2014West Kirkland Completes Acquisition of Hasbrouck and Three H...
4/17/2014IIROC Trading Resumption - WKM
4/17/2014IIROC Trading Halt - WKM
4/9/2014IIROC Trading Resumption - WKM
4/9/2014IIROC Trading Halt - WKM
10/28/2013Extends Agreement with Rubicon Minerals
9/30/2013Files TUG Resource and Preliminary Economic Assessment on SE...
8/1/2013Reports Resource and Preliminary Economic Assessment on its ...
5/22/2013(TSX.V:WKM) - Letter from CEO, R. Michael Jones – 2012 Year ...
3/11/2013Continues Drilling on Targets in Long Canyon Trend, Nevada a...
2/7/2013Closes Private Placement for Gross Proceeds of $5.6 Million
1/25/2013Cocktail Invite (Round-Up) Monday, January 28-- 4:00-8:00 p....
11/12/2012| Thursday November 22nd, 2012
7/3/2012Reports Surface Gold at 12 Mile
4/4/2012Expands TUG Gold Deposit and Adds to Regional Targets in Lon...
1/16/2012Cuts More High Grade Gold at Cunningham Property
12/8/2011Reports Expanded Gold Mineralization at TUG Property, Long C...
9/12/2011Cuts 1.55 g/t Gold and 58.52 g/t Silver Over 22.56 Meters at...
6/27/2011and Rubicon Minerals Announce an Agreement on Large Claim Bl...
4/14/2011Adds to Its Technical Team and Commences Drilling in Nevada
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