Fort Frances, Ontario, September 15, 2009 �
Q-Gold Resources Ltd. (TSX VENTURE:QAU)(FRANKFURT:QX9) (
http://www.qgoldresources.com) is pleased to announce that it has received more high grade gold results from trenching and sampling on three of the gold/ quartz veins in the extensive vein complex at Mine Centre, Ontario where the Company holds over 30,000 contiguous acres. The Company also announced that a12-hole
Diamond drilling program has commenced on the McKenzie Gray gold/ quartz vein (press release dated August 18, 2009) in gold/ sulfide mineralization drilled by the previous owners in 1992. Five sections of fan holes of varying lengths each are targeted to attempt to reach several gold-bearing zones at a maximum hole depth of 150
metres.
Assays on 14 further samples taken at 1 metre intervals on a 1 metre by 1 metre grid over a strike length of 15 metres on the Baseline vein and 4 samples from each of the West and East bifurcations of the "Nugget Extension" vein over total strike lengths of 47.8 metres and 51.0 metres, respectively, revealed gold values as follows (1 ppm = 1 g/t):
Assays were performed by ALS Chemex Division (Vancouver) of ALS Canada Ltd., using the Au- AA 26 procedure.
As noted above, high-grade samples were encountered in the Baseline vein (#55059 at 45.4 g/t Au) and in the Nugget Extension (West) vein (#55069 at 34.9 grams/ tonne Au).
Thus, when combined with 96 previously reported assays from the Baseline vein (press releases dated June 18, July 22 and July 30, 2009) the total 110 samples taken from the Baseline vein in a 1 metre by 1 metre grid "mini-bulk sample" produced a weighted average gold value of 8.51 grams/ tonne. Two drill locations have been recently established on the Baseline for future core drilling to establish the presence of the vein at depth. As the exposed 100 metre strike length of the Baseline vein has considerable vertical topographic relief of over 100 metres, it may become a candidate for future surface mining.
Kevin Leonard, P.Geo., is the Qualified Person as defined under NI 43-101 who took the samples and prepared them for assay. He has reviewed and approved the technical content of this press release.
About Q-Gold Resources Ltd.Q-Gold is a Canadian-based mineral exploration company currently exploring for precious and base metals and platinum group elements on its 30,000+ acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. It also has options on 4,796 exploratory acres in Ontario's Rainy River Greenstone Belt. In addition, the Corporation holds options on seven historic gold and silver mines in the historic Arizona gold camp of Crown King, and two prospective copper porphyries and one copper / zinc prospect in Arizona.
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