Date: May 31, 2007 TSX/ V: CJG
Vancouver, B.C. - Christopher James Gold Corp. ("the Company") has commenced its 2007 drilling program on the Ranch gold project, in north-central British Columbia.
The 2007 program, comprising up to 10,000 metres of Diamond drilling, will seek to expand known mineralization in the Bonanza, B.V. and Thesis III zones and drill test for the first time the newly-discovered Mickey zone and the Albert's Hump zone.
The Company's exploration 2006 program, its first on the Ranch project, encountered bonanza grade gold mineralization in drilling on the Thesis III zone; while surface sampling identified the approximately one kilometre-long Mickey zone. Significant drill results are shown in Table 1, below:
Table 1: Significant Results - 2006 Drilling - The Ranch Project, B.C.
HOLE ID
|
FROM(m)
|
TO(m)
|
INTERVAL(m)
|
GOLD(g/t)
|
INTERVAL(ft)
|
GOLD(oz/ton)
|
| |
|
|
|
|
|
|
A06-01
|
24.0
|
49.0
|
25.0
|
8.0
|
82.0
|
0.23
|
incl.
|
|
|
16.0
|
11.9
|
52.5
|
0.34
|
incl.
|
|
|
4.0
|
40.2
|
13.1
|
1.17
|
| |
|
|
|
|
|
|
A06-02
|
17.5
|
55.5
|
38.0
|
7.3
|
124.6
|
0.21
|
incl.
|
|
|
24.0
|
10.8
|
78.7
|
0.31
|
incl.
|
|
|
4.0
|
42.8
|
13.1
|
1.24
|
| |
|
|
|
|
|
|
A06-03
|
12.0
|
26.0
|
14.0
|
4.7
|
124.6
|
0.21
|
incl.
|
|
|
3.0
|
11.8
|
9.8
|
0.34
|
| |
|
|
|
|
|
|
A06-04
|
20.0
|
39.0
|
19.0
|
3.86
|
62.3
|
0.11
|
incl.
|
|
|
4.0
|
13.52
|
13.1
|
0.39
|
| |
|
|
|
|
|
|
A06-05
|
27.0
|
48.0
|
21.0
|
6.36
|
68.9
|
0.19
|
incl.
|
|
|
7.0
|
14.07
|
23.0
|
0.41
|
| |
|
|
|
|
|
|
A06-06
|
61.0
|
73.5
|
12.5
|
0.58
|
41.0
|
0.02
|
Company President, Dr. E. Max Baker
, commented: "Our preliminary drilling in 2006 returned some spectacular results. We hope for more of the same this year, particularly from below the 50 metre depth cut-off of previous drilling. In addition, last year's discovery of the previously-untested "Mickey Zone," located between the Thesis III and Bonanza zones, suggests excellent potential for the discovery of new zones of gold mineralization. This will be an exciting exploration season at the Ranch."
2007 Drilling Program Details
The Ranch deposit appears to be structurally controlled, consisting of moderately-, to steeply-, dipping lenses of high-grade, high-sulfidation epithermal gold mineralization. Individual mineralized zones have previously been shown to have strike lengths, on average, of up to several hundred metres and thicknesses of 5 to10 metres.
The principal objectives of the 2007 drilling program are:
- testing the down-dip and strike extensions of the known mineralization at the Bonanza, Thesis III, and B.V. zones. Previous drilling, primarily in the 1980s, defined the extent of mineralization to a depth of approximately 50 vertical metres. Approximately 5000 metres of the 2007 drill program are planned to extend the limits of mineralization to depth and along strike;
- the initial drill testing of the Mickey zone, which will consist of several fences of drill holes across the mineralized structure. The fences will be located using the results of ground geophysics and rock-chip and soil sampling; and
- the initial drill testing of the Albert's Hump zone, a 2 km by 2 km zone of kaolinite and opaline-silica altered volcanics that is interpreted to be the cap above vein systems similar to those out-cropping at Thesis III and Bonanza. Initial drill holes will be located using a combination of airborne and ground geophysics and structure.
The Company has contracted Radius Drilling, of Prince George, B.C., to complete an initial 7000 metre contract, with the option to drill an additional 3000 metres, if required. Radius will initially put two drill rigs on the property to ensure that the bulk of the drilling is completed within the next two months; following which a single rig will remain on site to drill additional holes, if required. The drill program is being supported by Yellowhead Helicopters Ltd. out of Valemount, B.C.
About Christopher James Gold
Christopher James Gold Corp. is a Canadian mineral exploration company trading on the TSX Venture Exchange, under the symbol "CJG".
The Company has over $12 million in treasury and is well-funded to explore its large portfolio of gold projects in British Columbia, Nevada and Mexico:
- Most notably, it has the exclusive option to acquire 100% of Guardsmen Resources Inc., a private company that owns a number of highly-prospective properties in northern British Columbia, including the high-grade Ranch gold and copper project.
- In Durango State, Mexico, the Company has an option to acquire up to a 65% interest in Chesapeake Gold Corp.'s Cucaracha Dorada gold project.
- In north-central Nevada, the Company holds an option to acquire up to 70% of the Garcia Flats gold project, located on the southern extension of the prolific Carlin trend.
- In southern British Columbia, the Company owns 100% of the copper and gold rights to the historic Craigmont mine, as well as the Brassie Creek, Big Kidd, and Portage Lake gold properties.
Christopher James Gold Corp.
Dr. E. Max Baker, President and CEO
FURTHER INFORMATION
Christopher James Gold Corp.
Dr. E. Max Baker, President and CEO
John Glanville, Investor Relations
Tel: 604 408 8829
Visit the Company's website at www.christopherjamesgold.com
.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.