Golden Dawn Minerals Inc.

Published : October 24th, 2011

News Release

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Keywords :   Canada | Copper | Gold | Lead | Silver | Zinc |
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GOLDEN DAWN MINERALS INC.
 
                                                                                                                                                            TSX-V:                                                                                                                GOM
                                                                          FRANKFURT EXCHANGE:     3G8
 
 
NEWS  RELEASE
 
GOLDEN DAWN ANNOUNCES COMPLETION OF PHASE 3 OF ITS DRILLING PROGRAM ON THE WILD ROSE � TAM O�SHANTER PROPERTY, BRITISH COLUMBIA, CANADA
 
 
Vancouver, October 24th, 2011 � Golden Dawn Minerals Inc. (TSX-V: GOM; FRANKFURT: 3G8), (the �Company� or �Golden Dawn�)is pleased to announce that an additional 12 holes totaling 3,500 meters have been completed on the Wild Rose-Tam O�Shanter portion of the Greenwood Project, 4 km west of the city of Greenwood, bringing the total drilling on the property since November 2010 to 5,350 meters.
Deadwood Inferred Resource Area Extension
The 12 hole program was focused on the Wild Rose portion of the property, targeting additional tonnage in the extensions of the Deadwood Inferred Resource Zone as well as the copper-gold soil anomalies at the north end of the property. The Company anticipates potentially increasing the tonnage of its current resource at the Deadwood Zone where the company has drilled out an Inferred Resource of 279,000 troy ounces of gold at 0.45g/t gold with a cutoff grade of 0.3 g/t (See Company�s news release of July 13, 2011). 
Seven holes encountered wide zones of sulphide mineralization and silification along with quartz vein stockworks associated with multiple gold zones in the Deadwood gold system. Drillholes 11WR13 to 11WR18 and 11WR24 were drilled over a strike length of 750 meters along the Deadwood Gold Zone. The drilling program targeted the northwest, southeast and depth extension of the Deadwood Gold Zone on the Wild Rose portion of the Wild Rose-Tam O�Shanter Property.  The Deadwood Gold Zone has now been extended to depth and along strike to the northwest and southeast.  The group of holes on the flank of the  Deadwood Inferred Resource zone, namely 11WR13 to 11 WR18, and 11WR24 were drilled over a strike length of 750 meters and encountered widespread encouraging amounts of pyrite, and chalcopyrite in disseminations, blebs, and clusters, and in several wide vein-associated systems.  This mineralization is widespread in nature, now is known to extend over 1500 meters in length and 300 meters in width and over 300 meters in depth. Assay results are awaited to determine the significance and the potential expansion of the Inferred Resource in the Deadwood mineralized area.
Once a land use permit is received, a new phase of drilling of a further 2,000 to 3,000 meters  will be initiated at Deadwood Gold Zone on the Tam O�Shanter portion of the Property, lying on the northwest projection of the Inferred Resource area.
Drillholes 11WR19 to 11WR23 were reconnaissance drillholes designed to test strong copper and gold anomalies farther north on the Wild Rose Property. Visible sulphide mineralization and silicification were intersected in most of these drillholes also.
Most of the drill core has been logged and sampled and is at Inspectorate Exploration & Mining Services of Richmond, BC for assaying.  It is anticipated that results will become available from the first week of November 2011 through to the first week of December 2011.
Boundary Falls Property � May Mac Mine Area
The Company is also pleased to announce that it has also initiated an Induced Polarization (IP) ground geophysical survey over the Boundary Falls property, which is contiguous to the south of the Wild Rose-Tam O�Shanter Property. This survey will define drill targets in the vicinity of the numerous gold, silver, copper, lead and zinc soil anomalies delineated by the recent soil survey over the Property (See Company�s news release of September 1, 2011).
In addition, the IP survey will target the package of 14 veins outcropping in the vicinity of the historic May Mac underground mine. These veins extend 1,000 meters from southeast to the northwest across the property. If time and budget permit, the IP survey will be extended to the northeast portion of the property to test strong gold and copper geochemical anomalies that may indicate targets related to a diorite intrusion in that area.
The company is also awaiting a land use permit for the Boundary Falls property and will be applying for an underground exploration permit for the May Mac Mine.
There are no known mineral resources on the Boundary Falls, and there can be no assurance that any mineral resources will be discovered on the property and, if discovered, there is no assurance that any mineralization may be economically extracted
The drilling program is supervised by Michael Dufresne, P.Geol., a Qualified Person as defined by National Instrument 43-101. Mr. Dufresne has reviewed and verified the contents of this release.
 
On behalf of the Board of Directors:
 
GOLDEN DAWN MINERALS INC.
 
­­­­­­­­­�Wolf Wiese�
­­­­_______________________________
Wolf Wiese
Chief Executive Officer
 
For Further Information, please contact:
Mike Poulin                                                     
Investor Relations
604-630-6793                                     
mike@goldendawnminerals.com                      
THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. 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. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY�S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR. 
 

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Golden Dawn Minerals
575 1111 West Hastings Street
Vancouver, BC V6E 2J3

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Copyright (C) 2011 Golden Dawn Minerals All rights reserved.
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Golden Dawn Minerals Inc.

EXPLORATION STAGE
CODE : GOM.V
ISIN : CA3808956070
CUSIP : 380895 10 2
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Golden Dawn is a gold exploration company based in Canada.

Golden Dawn holds various exploration projects in Canada.

Its main exploration properties are TAM O'SHANTER, CENTRAL CATHARINE, 80 FOOT FALL, LINK-CATHARINE and WILD ROSE BC in Canada.

Golden Dawn is listed in Canada and in Germany. Its market capitalisation is CA$ 9.2 millions as of today (US$ 7.3 millions, € 6.4 millions).

Its stock quote reached its highest recent level on May 27, 2011 at CA$ 2.85, and its lowest recent point on October 17, 2014 at CA$ 0.01.

Golden Dawn has 101 870 000 shares outstanding.

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Financings of Golden Dawn Minerals Inc.
5/8/2013Announcing Proposed Private Placement
4/4/2013Private Placement of $66,810
1/8/2013Private Placement of $ 162,156
11/6/2012Closing of Private Placement of $140,500
Nominations of Golden Dawn Minerals Inc.
12/19/2013Results of AGM - Appointment of New Director
2/15/2011Announces New Appointment to Board
Project news of Golden Dawn Minerals Inc.
1/25/2016Golden Dawn reports final results of 2015 drilling at May-Ma...
12/11/2012Receives Updated Inferred Mineral Resource for Deadwood Gold...
1/25/2012Announces Exploration & Bulk Sampling Intentions on its Gree...
9/1/2011Announces Drilling Program on Boundary Falls
8/19/2011Announces Drilling Program on Wild Rose, Tam O'Shanter
8/4/2011and Nass Valley Gateway Announce NI 43-101
7/13/2011Receives Technical Report for NI 43-101
5/26/2011Receives Initial Mineral Resource Estimate
5/2/2011Renews Mine Evaluation at May Mac Mine
4/21/2011Schedules Resource Calculation
4/4/2011Intersects 127m Grading 0.43 g/t Gold
Corporate news of Golden Dawn Minerals Inc.
6/2/2016Golden Dawn Minerals Inc. Appoints New Executive Director & ...
5/12/2016Golden Dawn Drilling Intersects Gold And Silver Values Below...
4/25/2016Golden Dawn Completes Second Of Three Phases Of Huakan Green...
4/13/2016Golden Dawn Reports Positive Preliminary Economic Assessment...
4/13/2016Golden Dawn Signs Option Agreement With Huakan And Solicits ...
12/18/2015Closing of the Second Tranche of the Company’s Private Place...
12/18/2015Golden Dawn Minerals Inc.: Closing of the Second Tranche of ...
12/17/2015Golden Dawn Confirms Mineralized Zone Extends Below #6 And #...
11/23/2015IIROC Trading Resumption - GOM
11/23/2015Golden Dawn Drilling Intersects Mineralized Zone from #6 to ...
11/23/2015IIROC Trading Halt - GOM
10/22/2015Golden Dawn Minerals Inc. Assays Rock Channel Samples at 529...
10/15/2015GOLDEN DAWN MINERALS INC. STARTS DRILLING AT GREENWOOD PRECI...
10/14/2015Completion of the Financing for $268,147.40
10/13/2015Golden Dawn Minerals Inc.: Completion of the Financing for $...
10/1/2015GOLDEN DAWN MINERALS INC. SAMPLES 12.97 G/T GOLD OVER 0.87 M...
9/24/2015GOLDEN DAWN MINERALS INC. APPOINTS DR MATHEW BALL TO MANAGE ...
9/24/2015Golden Dawn Minerals Inc. Appoints Dr. Mathew Ball to Manage...
9/12/2015Golden Dawn Minerals Inc. Drops Tam O’Shanter Property
9/12/2015Golden Dawn Minerals Inc. Drops Tam O'Shanter Property
9/8/2015Golden Dawn Minerals Inc. Appoints a New German Director
9/2/2015Golden Dawn Minerals Inc. Upgrades Its Current Frankfurt Lis...
8/15/2015Completion of the Financing for $207,600
8/14/2015Golden Dawn Minerals Inc.: Completion of the Financing for $...
7/17/2015Golden Dawn Minerals Inc. Options Tam O'Shanter Property fro...
7/8/2015Golden Dawn Minerals Inc.: Completion of the Financing for $...
6/13/2015Closing of the First Tranche of the Company’s Non-Brokered P...
6/13/2015Golden Dawn Provides Update for Greenwood Exploration and Bu...
4/13/2015Golden Dawn Minerals Inc. Purchases 100% of Amigo Property, ...
4/13/2015Golden Dawn Minerals Inc. Granted Stock Options
4/2/2015Golden Dawn Minerals Inc. Granted Stock Options
3/26/2015Golden Dawn Minerals Inc. Purchases 100% of Amigo Property, ...
3/11/2015Closing of Private Placement
3/6/2015Company Update
2/5/2015Golden Dawn Announces Development Of Greenwood Project, Brit...
1/9/2015Final Tranche Closing of Private Placement
12/30/2014Closing the Private Placement of $ 65,250
10/28/2014Golden Dawn Announces Private Placement to Existing Sharehol...
4/17/2014Golden Dawn Drops Tam O' Shanter Property
4/4/2014Golden Dawn Announces the Resignation of Director
1/7/2014Announces Consolidation
6/12/2013News Release
3/14/2013Purchases the Boundary Falls Property Hosting the May Mac Mi...
1/29/2013Files National Instrument 43-101 Technical Report For Update...
12/11/2012News Release
10/2/2012News Release
10/2/2012s Exploration and Sampling Schedules for Greenwood Project W...
5/30/2012News Release
5/29/2012News Release
5/14/2012News Release
3/22/2012News Release
1/23/2012News Release
10/24/2011News Release
10/24/2011News Release
9/23/2011signs with Lichtfield
5/10/2011Schedules Drilling on Royal Attwood
5/9/2011s from Golden Dawn
5/9/2011SCHEDULES DRILLING OF MULTIPLE PRIORITY TITAN 24 GEOPHYSICAL...
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