Estrella Drills Colpayoc Gold Project, Peru
Published : June 30, 2011
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Keywords :   Chile | Copper | Gold | Gold Mine | Market | Peru | Sac | Silver |

TORONTO, ONTARIO--(Marketwire - June 30, 2011) - Estrella Gold Corporation (News - Market indicators) ("Estrella" or the "Company") is pleased to announce it started drilling its Colpayoc gold project on June 26, 2011. Colpayoc is located 12 kilometers southwest of the Yanacocha gold mine complex, in Peru. The drill program is designed to expand the area of known mineralization at the Daylight Zone, and to test recently discovered high-grade silver and gold mineralization at the Cerro Rico Zone. The Colpayoc property contains 5,774 hectares (57.7 square kilometers) with gold and silver mineralization in three areas. Approximately 1,800 meters of core drilling in eight holes are planned at the Daylight Zone and the Cerro Rico Zone. 

The Daylight Zone has been the focus of most work at Colpayoc and contains oxidized, outcropping gold and copper mineralization hosted within a porphyry gold-copper system. The zone contains a 300 meter diameter area of outcropping gold mineralization, surrounded by sedimentary rocks. Based on previous drill results, SRK Consultants calculated an initial NI 43-101 compliant inferred resource (2010) containing 7.6 million tonnes @ 0.6 g/t gold with 144,600 ounces of gold (0.3 g/t cutoff).

The Cerro Rico Zone will receive its first drilling. The drill program is planned to test high grade silver and gold mineralization identified in recent trenching results. Estrella completed an initial trenching program in February, located less than two kilometers northwest of the Daylight Zone. Three trenches totaling 231.8 meters identified high grade silver and gold replacement style mineralization, hosted in fault zones within sedimentary and volcanic rocks. Trench sampling was restricted and drilling will help to determine the true width of these mineralized zones. Trench assays results include:

Trench CR-01: 8.0 meters @ 372.5 g/t silver with 3.9 g/t gold (74.0-82.0 m)
Trench CR-03: 5.8 meters @ 872.6 g/t silver with 0.7 g/t gold (37.8-43.6 m)
  including  1.8 meters @ 1,515 g/t silver and 0.8 g/t gold (41.8-43.6 m)

Drilling will continue through the month of July. Estrella has contracted Bradley MDH S.A.C of Lima, Peru to complete the drilling program.

About Estrella Gold Corporation (News - Market indicators) Estrella Gold is a "Prospect Generator" company focused on gold exploration and resource definition in Latin America. Estrella Gold has seven precious metal exploration projects in Perú and one in Chile. The Company has 144,000 ounces of gold at its Colpayoc Project in Peru (NI 43-101 Inferred Resource) and is expanding its gold resource inventory, and also making new gold discoveries. Mr. Keith A. Laskowski, MSc., is a Qualified Person for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators, and has prepared, reviewed and verified the technical information contained in this news release. The Company has 17.3 million shares issued and outstanding on the TSX Venture Exchange (News - Market indicators). Further information is available at Estrella Gold's website: www.estrellagold.com

STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE 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.

Estrella Gold Corporation
Keith Laskowski, MSc., QP
President
(800) 362-2040 or (720) 272-6224
(416) 927-1222 (FAX)
klaskowski@estrellagold.com
www.estrellagold.com
or
Investor Contact:
First Canadian Capital
Dan Boase, Partner
(416) 742-5600 x 232
(416) 742-6410 (FAX)
dboase@firstcanadiancapital.com
www.firstcanadiancapital.com
Data and Statistics for these countries : Chile | Peru | All
Gold and Silver Prices for these countries : Chile | Peru | All

Alianza Minerals Ltd

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CODE : ANZ.V
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Alianza Minerals is a gold exploration company based in Canada.

Alianza Minerals holds various exploration projects in Peru.

Its main exploration properties are CAOLPAYOC and PUCARANA in Peru.

Alianza Minerals is listed in Canada. Its market capitalisation is CA$ 1.3 millions as of today (US$ 1.1 millions, € 969 220).

Its stock quote reached its highest recent level on January 08, 2021 at CA$ 0.25, and its lowest recent point on July 21, 2023 at CA$ 0.02.

Alianza Minerals has 33 279 998 shares outstanding.

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Financings of Alianza Minerals Ltd
10/3/2012Estrella Gold Increases Private Placement to $1.1 Million
9/19/2012Estrella Gold Announces Private Placement
9/19/2012Announces Private Placement
7/20/2011Announces Closing of $4,030,000 Private Placement Financing ...
6/20/2011Proposed Private Placement Financing
Nominations of Alianza Minerals Ltd
1/16/2013Appoints John R. Wilson President & CEO
1/16/2013Appoints John R. Wilson President & CEO
10/3/2011Estrella Gold Appoints New CFO and Sets Up New Office
Project news of Alianza Minerals Ltd
9/13/2012Estrella Gold Announces Wide Zones of Gold and Silver Minera...
9/11/2012Estrella Gold Updates Pampa Poroma IOCG Project, Southern Pe...
6/12/2012Estrella Gold Corp. Announces Drilling at La Estrella Gold-S...
5/31/2012Estrella Gold Extends Colpayoc Gold Project Terms
2/6/2012Estrella Gold Announces Drill Program at Pampa Poroma Iron-O...
1/10/2012Estrella Signs Letter of Intent for its Estrella Gold-Silver...
4/25/2011(Pucarana)Announces Drill Program at Pucarana Gold Project, Peru
3/7/2011(Caolpayoc)Program Review and 2011 Exploration Plans
2/16/2011(Caolpayoc)Announces Trench Results from Second Mineralized Zone at the...
4/22/2010(Caolpayoc)NI 43-101 Technical Report on Resources
Corporate news of Alianza Minerals Ltd
7/6/2016Alianza Minerals Completes ISY Work Program In Peru
5/2/2016Alianza Minerals Appoints New Director
4/7/2016Alianza Minerals Closes Second Tranche of Financing
12/15/2015Alianza Minerals Announces New Partner for Yanac Copper Join...
4/21/2015Tarsis and Estrella Received Court Approval; Provide Update ...
4/20/2015IIROC Trading Halt - EST
3/10/2015Tarsis and Estrella Provide an Update on Alianza Transaction...
2/11/2015Tarsis Resources Ltd. and Estrella Gold Corporation to Form ...
12/23/2014Estrella Gold Closes $150,000 Financing
11/24/2014Estrella Gold Announces $200,000 Financing
5/16/2014Callinan Royalties and Estrella Gold Corporation Complete Fi...
5/15/2014Estrella Gold Closes Private Placement for $600,000
5/13/2014Estrella Gold Increases Private Placement to $600,000
5/7/2014Estrella $500,000 Financing Fully Subscribed
4/29/2014Estrella Appoints Jason Weber as President & CEO and Announc...
6/20/2013Partner to Continue Exploration Program at Henry Sur, Peru.
5/7/2013JV Partner Mines Management Reports Positive Exploration Res...
4/19/2013Terminates Colpayoc Agreements
10/29/2012Announces Results of Regional Exploration with Cliffs
10/11/2012Closes Private Placement for $1.1 Million
10/3/2012Increases Private Placement to $1.1 Million
9/13/2012Estrella Gold Announces Wide Zones of Gold and Silver Minera...
9/13/2012Announces Wide Zones of Gold and Silver Mineralization at La...
9/11/2012s Pampa Poroma IOCG Project, Southern Peru
5/4/2012Estrella Gold to be featured by BTV on National TV on May 5t...
2/7/2012Estrella Gold Files Colpayoc NI 43-101 Technical Report and ...
1/31/2012Estrella Gold Featured on CEO Clips and Updates Programs
12/30/2011Estrella Gold Staff Changes
6/30/2011Drills Colpayoc Gold Project, Peru
6/14/2011Announces Drill Program at Colpayoc Gold Project
4/28/2011Acquires New Exploration Targets in Peru
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