Vancouver, Canada – April
19, 2007 – YGC Resources Ltd.
(Toronto Stock Exchange: YGC; Frankfurt Xetra Exchange: ZH6) announces results
from its drilling program at its wholly owned Silver
Valley property located near Ross
River, in the Yukon Territory, Canada.
Diamond drilling
continues on the Silver
Valley
silver-lead-gold-copper property, located 8 kilometers east of the
Ketza mine
site. The discovery vein was exposed in a bulldozer trench in 1968,
where it
assayed 55 opt silver and 49% lead over
a width of 2.4 meters. That year, two mine levels (adits) were
excavated
to explore the vein, at approximately 20 meters and 50 meters below the
surface
exposure, respectively. Underground channel sampling yielded values as
high as
63 opt silver and 64% lead. A 17 meter length of the mineralized zone
averaged
22.8 opt silver and 19.9% lead, and averaged a width of 2.0 meters.
Gold ran as
high as 6 grams per tonne, but was only analyzed for in a few of the
1968 samples.
Results have been
received for a further 17 Diamond drill
holes since the March 7, 2007 news release. The principal vein has been
tested
along 60 meters of strike and from 30 meters below outcrop to a depth
of 120
meters. This vein is open at depth and laterally. Other veins have been
identified in both the footwall and hanging wall of the principal vein.
The massive galena target
mineralization, which was
intersected in the mine workings 20 meters below the surface, was cut
by hole
SV-07-18. From 99.67 to 100.30 meters, a true thickness of 0.48 meters,
assayed
3.84 g/t Au, 2730.0 g/t Ag, 31.7% Pb, 0.1% Zn and 1.5% Cu.
Among other notable
holes, SV-07-24 cut a true thickness of
1.26 meters that assayed 1.18 g/t Au, 445.0 g/t Ag, 0.6% Pb and 0.4%Cu.
The
hole also contained an intercept of 1.68 meters true thickness of 9.06
g/t Au,
from 234.8 to 236.83 meters. This intercept, and those in other holes,
suggest
that gold grades strengthen with depth. Also of note, hole SV-07-26 cut
a 0.68
meter true thickness of vein that assayed 0.21 g/t Au, 526.0 g/t Ag,
9.6% Pb
and 0.8% Cu.
Table 1. Silver Valley
|
DDH
|
From (m)
|
To (m)
|
True Width
(m)
|
g/t Au
|
g/t Ag
|
%Pb
|
%Zn
|
%Cu
|
|
SV-07-12
|
67.05
|
67.50
|
0.34
|
0.00
|
93.20
|
2.84
|
|
|
|
|
101.00
|
102.72
|
1.30
|
0.01
|
32.30
|
1.23
|
|
|
|
SV-07-18
|
99.67
|
100.30
|
0.48
|
3.84
|
2730.0
|
31.7
|
0.1
|
1.5
|
|
|
119.00
|
121.60
|
2.20
|
1.18
|
123.0
|
0.7
|
|
0.1
|
|
|
142.34
|
144.80
|
2.09
|
1.49
|
|
|
|
|
|
SV-07-19
|
119.10
|
121.01
|
1.28
|
0.99
|
67.7
|
0.6
|
0.4
|
|
|
|
226.80
|
228.60
|
1.53
|
4.33
|
36.1
|
0.1
|
|
0.1
|
|
SV-07-20
|
255.42
|
256.24
|
0.49
|
1.97
|
20.7
|
|
|
|