Golden Dawn Minerals Inc.

Published : May 09th, 2011

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Keywords :   Canada | Copper | Gold | History Of Gold | K Street | Silver |
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GOLDEN DAWN MINERALS INC.                                                                                                                                                                                                                                                               TSX-V:     GOM
                                                                                                                                                                                                                                                                                           FRANKFURT EXCHANGE:     3G8

 
 
                                                                                                                                
NEWS RELEASE
 
 
GOLDEN DAWN schedules drilling of multiple priority titan 24 geophysical anomalies, ROYAL ATTWOOD PROPERTY, Greenwood B.C., Canada
 
 
Vancouver, May 9, 2011 � GOLDEN DAWN MINERALS INC. (TSX-V: GOM, FRANKFURT: 3G8) and Hi Ho Silver Resources Inc. are pleased to announce receipt of the Royal Attwood Titan 24 DC - IP - MT Geophysical  Survey  Report  from Quantec Geoscience Ltd. (Quantec).  A total of 30 priority anomalies warrant exploration including drill testing.  APEX Geoscience Ltd. has selected a number of these targets for drill testing, and has commenced the required permitting procedures. 
 
Golden Dawn Minerals Inc. and Hi Ho Silver Resources Inc. are joint optionees to the Royal Attwood property on a 50:50 basis, where Hi Ho Silver Resources Inc. is required to contribute 57.5% of the exploration expenditures. Golden Dawn is the operator of the Attwood Project.
 
THE GEOPHYSICAL SURVEY:
Quantec has prioritized 30 anomalies: 2 high, 15 moderate-high, 9 moderate and 4 low-moderate priority anomalies.  The resolution of these anomalies as potential targets is based on theprecision of the DC, IP, and MT inversion results.  For initial drilling, APEX Geoscience Ltd. has identified eight of the Titan 24 anomalies that are roughly coincident with either prospective surface gold-copper soil geochemical anomalies or favourable geology such as historic skarn or epithermal mineralization identified at surface.  Permitting for drill testing of these eight target areas is in progress.  The land use permitting process may require up to 2 months.  Drill testing is expected to be conducted during this summer season.
 
These anomalies were obtained from the Titan-24 survey that was completed over a portion of the Royal Attwood Project, on behalf of GOM and Hi Ho Silver Resources Inc. Data were acquired over 6 DC-IP-MT arrays along 6 lines with a 100 m station interval and line spacing of 200 m.  A total of 14.4 line-kilometres were surveyed.
 
The Titan 24 survey, which measures the parameters of DC (resistivity), IP (chargeability) and MT (magnetotelluric resistivity), is described by Quantec as the �leading deep search ground geophysical method worldwide�. In both grassroots and brownfields mineral exploration the system images: conductive sulphide mineralization  of both conductive and disseminated types, alteration, structure, and geology to 700 m and beyond, for reliable and cost-effective targeting of drill holes to depth. 
 
 
ROYAL ATTWOOD BACKGROUND
The Royal Attwood property, covering 1,800 hectares and comprising of four mineral claims, is located in the Greenwood Mining District of southern British Columbia (BC) Canada, 8 km west of the community of Grand Forks, BC. The property lies close to the electric power line, and is situated in terrain readily accessible year round by road. The Greenwood Mining District has a history of gold, silver, and copper production dating from the 1880's, including the former prolific Phoenix Mine, located 5 km to the north, which yielded 27 million tonnes of ore grading 1.3 g/t gold with 0.8% copper.
 
The Attwood project is approximately 10 km southeast of Golden Dawn�s other Greenwood project currently subject to a full scale exploration program and which holds the May Mac Mine and processing facilities.
 
The property is an early exploration stage property with a number of highly prospective gold and copper geochemical anomalies detected in historic soil and stream sediment sampling.  Some of the geochemical anomalies are coincident with various geophysical anomalies, including: magnetic, IP, EM, and the recently identified airborne Time Domain EM (TDEM) anomalies.
 
Historical exploration on the property dates back to the very early 1900s. Sporadic exploration continued from the late 1960s through to 1997, but only the most recent of this work was directed at gold mineralization. Analysis of 3,600 soil samples collected during 1997 yielded a total of 176 samples that assayed greater than 100 parts per billion (ppb) gold.  Of these, 84 samples yielded greater than 200 ppb gold (>0.2 grams per tonne [g/t]);  and a high value of  1,160 ppb (1.16 g/t) gold was reported.  These anomalous historic samples occur over a broad area of 1 km by 1.5 km in extent within the northern third of the property.
 
Neither the geochemical nor the geophysical anomalies on the property have ever been effectively drill tested.
 
Exploration during 2003-2004 in the northern third of the property identified anomalous gold and copper in soil and rock samples associated with skarn mineralization spatially associated with a felsic intrusive. Exploration at that time also uncovered a zone of epithermal quartz veins and hydrothermal breccias. This style of mineralization regionally is an important source of gold mineralization, particularly in the Republic District of Washington State to the immediate south of the property. Both types of targets on the property require drill testing.
 
The reader is cautioned that historical data is not confirmed, and such historical data has not been verified.  There are no known mineral resources on the property, 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 information in this release has been reviewed on behalf of the Company by Mr. Michael Dufresne, M.Sc., P.Geol., a  Qualified Person as defined by NI 43-101.  
 
 
 
 
 
ON BEHALF OF THE BOARD OF DIRECTORS OF
GOLDEN DAWN MINERALS INC.
 
Wolf Wiese
_____________________________
Wolf Wiese
President/CEO
 
For further information:
                                         GOLDEN DAWN MINERALS INC.
                                         575, 1111 WEST HASTINGS STREET,
                                         VANCOUVER, BC, V6E 2J3
                                         Telephone: (604) 221-8936
                                         Facsimile: (604) 685-2360
  
 

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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
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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$ 12.2 millions as of today (US$ 9.5 millions, € 8.4 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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TSX-V (GOM.V)FRANKFURT (3G8.F)
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