Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Columbus Gold Corporation

Publié le 05 février 2009

Announces Drilling Results at Nevada Gold Projects

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter

 

February 05, 2009

Forward to a Friend
Join our Email List


Columbus Gold Announces Drilling Results at Nevada Gold Projects

Vancouver, British Columbia, Canada. February 5th, 2009. Columbus Gold Corporation (CGT: TSX-V) ("Columbus Gold" or the "Company") is pleased to announce the results of drilling at the Company's Summit Project where joint venture partner Agnico-Eagle Mines Limited (AEM: TSE & NYSE) ("Agnico-Eagle") can earn an initial 51% interest by undertaking staged annual exploration expenditures over a five year period. The Company is also pleased to provide an update on its Chert Cliff and Scraper gold projects.

The Summit Project is located along the northeastern flank of the Pequop Range, approximately 14 miles (22 km) east of Wells, Nevada and strategically positioned along strike and approximately 4,000 feet (1.2 km) from the northern end of the Long Canyon gold deposit of AuEx Ventures, Inc. and Fronteer Development Group Inc. where ongoing drilling continues to confirm the presence of high-grade oxide gold mineralization. The Summit Project is also in close proximity to AuEx's and Agnico-Eagle's West Pequop gold project. A map of the Summit Project area may be viewed here:

www.columbusgoldcorp.com/i/pdf/maps/summit_location.pdf

Agnico-Eagle completed seven rotary holes totaling 6,040 feet (1,830 meters) in their initial drilling program at Summit.

One hole tested the Upper Paleozoic section-equivalent to the Pilot and Joana Formations, known to be favorable for Carlin-style gold deposits regionally. These favorable rocks are extensive, but almost everywhere covered by alluvium. The drill hole encountered multiple, thick sections (up to 100 ft (30 m)) of anomalous gold and arsenic both in the Upper Paleozoic section and in the underlying Guilmette Formation carbonate rocks, with a high assay of 203 ppb over five feet (1.5 m). This was the only drill hole to test this stratigraphic horizon in the Northern Pequop Range, which deserves considerable attention for further work.

Three holes tested geochemical anomalies near a thrust fault juxtaposing Devonian Guilmette Formation and Permian sedimentary rocks. Two of these holes encountered anomalous gold and lead in multiple zones over thicknesses of 75-100 ft (23-30 m). The gold values ranged from 10-122 ppb.

The other three holes were located near the eastern range front, north of the Long Canyon discovery. These holes cut Lower Paleozoic formations and intersected scattered weakly anomalous gold over narrow intervals.

Agnico-Eagle has advised the Company that it intends to continue with its option to earn an interest in the Summit Project and with plans to carry-out additional exploration expenditures during the 2009 field season.

Chert Cliff Gold Project

Columbus Gold is also pleased to announce that Platte River Gold Inc., has completed drilling on the Company's Chert Cliff Property, located in the Gold Bar District along the prolific Battle Mountain Gold Trend about 40 miles (65 km) northwest of Eureka, Nevada. The Chert Cliff Property has been leased to privately held Platte River Gold and forms part of their Gable Property. Various Chert Cliff Project maps may be viewed here:

http://www.columbusgoldcorp.com/s/Maps.asp?Reportid=124369

Platte River drilled seven reverse circulation holes totaling 5,140 feet (1,567 meters) at Chert Cliff. The holes ranged from 300 ft to 1,420 ft (91 m to 433 m) in dept. All of the holes were drilled outside of the Chert Cliff resource defined by Asarco in the 1980's. Asarco succeeded in outlining the Chert Cliff gold deposit containing a historic resource of approximately 1.4 million tons grading 0.04 opt gold (56,000 ounces) entirely hosted in the Webb Formation.

Drilling by Platte River encountered additional mineralization in the Webb Formation and also low-grade but significant mineralization in the Lower Plate Denay Formation which is a host of mineralization at the nearby, multi-million ounce Cortez Hill's gold deposit being developed by Barrick Gold.

The gold mineralization encountered in holes C-4, C-7, and C-8 in the Denay Formation occurs in carbonaceous limestone stratigraphically lower and about 600 ft (183 m) north of the resource delineated by Asarco. The best holes drilled were C-4, which encountered 180 ft (55 m) [from 170 ft to 350 ft (52 m to 107 m] of 0.013 opt gold, including 40 ft (12 m) of 0.025 opt gold, in the Denay Formation, and C-1, with 0-190 ft (0-58 m) of 0.020 opt gold in the Webb Formation.

The confirmation of mineralization in the Denay Formation opens up many additional targets for future drilling.

Scraper Gold Project

The Company also announces that Newmont has terminated its option to earn into Columbus Gold's Scraper gold project located approximately 45 miles (72 km) north of Battle Mountain, Nevada, and situated directly on the northern extension of the prolific Carlin Trend of gold deposits. Various Scraper Project maps may be viewed here:

http://www.columbusgoldcorp.com/s/Maps.asp?Reportid=166727

Newmont's exploration activity at Scraper was carried out in late 2007 and 2008 and included a soil geochemical survey consisting of 797 samples, the collection of 202 rock samples, the completion of 15 miles (24 km) of IP survey, an airborne hyperspectral survey to identify alteration minerals, a helicopter magnetometer survey, collection of gravity data from 246 stations, the collection of 84 hand samples for petrographic work, and the drilling of three holes totaling 3,505 feet (1,062 m).

The three reverse circulation drill holes were located on what Newmont called the Diatreme Vent target. The holes were generally located 2,500 feet (758 m) from the area of gold mineralization in intrusive and Lower Paleozoic sedimentary rocks known from surface sampling and older drill holes. All three of the new holes cut surficial advanced argillic alteration for the first 200 feet (61 m) and then entered variably altered diorite intrusive. Alteration of the intrusive for the most part consisted of quartz-sericite-pyrite (QSP) superimposed on an earlier potassic alteration, marked by secondary biotite replacement. Pyrite content of the QSP was variable but high, ranging up to 35% of the sample in select drill intervals, however none of the Newmont holes intersected any values of interest in precious or base metals.

Newmont's geophysical surveys will be of value in targeting future drilling at Scraper. In particular, the IP survey yielded targets of interest, including six untested chargeability anomalies, likely related to high sulfides in the subsurface.

Three general types of targets exist at Scraper: 1) disseminated zones in the altered volcanic package, 2) Carlin-type gold deposits distal to an intrusive body, both in Vinini Formation and in the Lower Plate package at depth, and 3) either porphyry-hosted base-metal or polymetallic, gold-bearing skarns associated with the intrusive itself.

Columbus Gold will seek a new joint venture partner with a view to advance drilling on the numerous untested targets at Scraper.

The historic resources and figures indicated in this press release are not NI 43-101 compliant and a qualified person has not done sufficient work to confirm the figures or to classify the historic estimates as current mineral resources. They should not be relied upon and Columbus Gold does not treat them as current.

Andy Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is the Qualified Person under NI 43-101 who has reviewed and approved the technical content of this news release. Mr. Wallace is a VP of Columbus Gold's U.S. subsidiary and a partner of Cordilleran Exploration Company ("Cordex"), which is conducting exploration and project generation activities for Columbus Gold.

About Columbus Gold

Columbus Gold Corporation is a gold exploration and development company operating principally in Nevada. The Company has an experienced management group with a strong background in all aspects of the acquisition, exploration, development and financing of precious metal mining projects. Columbus Gold controls a 100% interest, subject to royalties, in 25 gold projects strategically located along or near Nevada's most productive gold trends. The Company also holds a significant equity interest in Columbus Silver Corporation, an exploration company with a growing portfolio of silver projects in the Western United States.

Columbus Gold's and Columbus Silver's project activities are managed on an exclusive basis by Cordilleran Exploration Company (Cordex), owned and operated by John Livermore and Andy Wallace who have a long and successful history of gold discovery and mine development in the United States. Columbus Gold maintains active generative (prospecting) and evaluation programs and, as a key element of strategy, broadens exposure, minimizes risk and maintains focus on high priority prospects while seeking industry finance through joint ventures on selected projects. The Company currently has 13 of its projects joint ventured to major and junior mining companies, including Barrick Gold and Agnico-Eagle Mines.

ON BEHALF OF THE BOARD,

Robert F. Giustra
President & CEO, Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information contact:

Ray Lagace
Investor Relations
604 638-3474 or
1 866 689-2599
info@columbusgoldcorp.com

For more information on Columbus Gold go to: www.columbusgoldcorp.com

Forward to a Friend
Join our Email List

 

http://www.columbusgoldcorp.com/i/newsreleases/cgt_newsrelease_footer.gif



 

http://images.campaigner.com/cpro/poweredby.gifhttp://cp20.com/Tracking/t.o?4Wgi--4ChXi2<

Columbus Gold Corporation

EN DÉVELOPPEMENT
CODE : CGT.V
ISIN : CA1991711096
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Columbus Gold est une société développant des projet miniers d'or basée au Canada.

Columbus Gold est en développement de projets d'or et d'argent en USA, et détient divers projets d'exploration en USA.

Son principal projet en développement est SILVER DOME en USA et ses principaux projets en exploration sont DUTCH FLAT, WINNEMUCCA MOUNTAIN, SUMMIT PROJECT, UTAH CLIPPER, CRESTVIEW, LAURA PROPERTY, WHITE HORSE NORTH, AWAKENING, CHERT CLIFF, OVERLAND PASS, SCRAPER, RED HILLS PROPERTY, PETE'S SUMMIT, GUILD PROJECT, CLARA MORO, FOUR METALS PROPERTY, WHITE CANYON MINE, HUGHES CANYON, GOLDEN MILE, WEEPAH, WHITE HORSE FLATS, DEL ORO, BOLO, EASTSIDE (NEVADA), MILL CANYON (NEVADA) et SPRING en USA et PAUL ISNARD en Guyane Francaise.

Columbus Gold est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 49,3 millions CA$ (34,5 millions US$, 31,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,89 CA$, et son plus bas niveau récent le 14 novembre 2008 à 0,10 CA$.

Columbus Gold possède 142 920 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de Columbus Gold Corporation
03/03/2012French Guiana gold deposit reveals stronger legs for Columbu...
Rapports annuels de Columbus Gold Corporation
Annual Report 2007
Financements de Columbus Gold Corporation
02/02/2009Closes First Tranche of Private Placement
18/12/2008Announces Private Placement
12/12/2008Files Application to Reprice Warrants
Nominations de Columbus Gold Corporation
10/01/2013Appoints Mr. Rock Lefrancois as Chief Operating Officer
29/03/2011Makes Senior Management Appointments; Wallace President, Ken...
25/01/2011Appointment of Akbar Hassanally as Chief Financial Officer
07/07/2008APPOINTS NEW DIRECTOR
Projets de Columbus Gold Corporation
27/07/2016Granted Permits Covering Potential Extensions of
18/01/2012Invite - Columbus Gold - Vancouver Resource Investment Confe...
30/06/2011(Paul Isnard)Closes Transaction to Acquire 1.9 Million Inferred Oz. Paul ...
01/06/2011(Hughes Canyon)Acquires Hughes Canyon Gold Project in the Stillwater Range,...
26/05/2011(Paul Isnard)Acquisition of 1.9 Million Oz. Paul Isnard Gold Project Appr...
17/05/2011(Eastside (nevada))New Gold Discovery: Columbus Gold Intersects 2.42 g/t Gold O...
09/05/2011(Stevens Bassin)Drilling Commences at Stevens Basin Gold Project, Nevada
28/04/2011(Paul Isnard)Plans Drilling at Paul Isnard 1.9 Million Oz. Gold Project
07/04/2011(Weepah)Encounters Additional Gold Intercepts in Drilling at Weepah ...
09/03/2011(Eastside (nevada))Columbus Gold Commences Drilling at Eastside Gold Project, N...
14/02/2011(Paul Isnard)Completes Due-Diligence Regarding the Acquisition of 1.9 M O...
31/01/2011(Weepah)Columbus Gold Encounters Gold in 4 of 5 Initial Drill Holes ...
04/02/2011(Summit Project)(angl) Newmont to Acquire Fronteer & Long Canyon Project Loc...
05/02/2009(Summit Project)Announces Drilling Results at Nevada Gold Projects
19/11/2008(Scraper)Drilling Commences at Columbus Gold's Scraper Project
13/08/2008(Awakening)Completes Drilling at Awakening and Commences Phase II Drill...
08/07/2008(Chert Cliff)DRILLING COMMENCES ON COLUMBUS GOLD'S CHERT CLIFF PROPERTY
25/06/2008(Awakening)COMMENCES DRILLING AT AWAKENING
13/02/2008(Bolo)Announces Phase 1 Drill Results From Bolo
Communiqués de Presse de Columbus Gold Corporation
01/04/2017Columbus Gold Announces Voting Results of its Annual Meeting
31/12/2015Columbus Gold to List on the Toronto Stock Exchange
30/12/2015Columbus Commences Study to Connect Montagne d'Or Gold Proje...
23/12/2015Columbus Gold Farms-Out Mogollon Project
04/08/2015Columbus Gold Files Final PEA Report on Montagne d'Or Gold D...
28/07/2015Columbus Gold Advancing to Feasibility Study Stage at Montag...
14/07/2015Columbus Gold Provides Update on Eastside Gold Project Drill...
08/07/2015Columbus Gold Announces Positive PEA Results on Montagne d'O...
30/06/2015Columbus Gold Starts Phase III Drill Program on Montagne d'O...
25/06/2015Second Rig Commences Drilling at Columbus Gold's Eastside Go...
21/04/2015IIROC Trading Resumption - CGT
21/04/2015Columbus Gold Announces In-Pit Gold Resource of 3.8 M oz. In...
21/04/2015IIROC Trading Halt - CGT
30/03/2015Columbus Gold Outlines Two Additional Targets at Nevada East...
12/03/2015Columbus Gold Provides Project Update and Remaining Phase II...
10/03/2015Columbus Gold Drills 34.2 Meters of 2.16 g/t Gold at Western...
03/03/2015Additional Metallurgical Tests at Columbus Gold's Montagne d...
02/03/2015Columbus Gold to Obtain Mogollon Project
25/02/2015Columbus Gold Drills 142.2 Meters of 1.21 g/t Gold Including...
12/02/2015TSX Venture Exchange Ranks Columbus Gold in Top 10
10/02/2015Columbus Gold Drills 129.6 Meters of 1.11 g/t Gold At the Mo...
04/02/2015Columbus Gold Announces US$6.5 Million Exploration Program f...
22/01/2015IIROC Trading Resumption - CGT
22/01/2015French Government Does Not? Object to Columbus Gold's Agreem...
22/01/2015IIROC Trading Halt - CGT
13/01/2015Columbus Gold Drills 13.3 Meters of 7.12 g/t Gold at the Mon...
08/01/201595% Gold Recoveries From Metallurgical Tests at Columbus Gol...
16/12/2014Columbus Gold Drills 1.59 g/t Gold Over 95.4 Meters at Monta...
26/11/2014Columbus Gold Completes 25,570 Meter Phase II Drill Program ...
20/11/2014Columbus Gold Receives Additional Newsletter Writer Coverage
19/11/2014Columbus Gold Completes Environmental Baseline Field Studies...
28/10/2014Columbus Gold Drills 10.6 Meters of 5.23 g/t Gold at Montagn...
19/11/2013Columbus Gold
14/11/2013Columbus Gold
08/11/2013Columbus Gold
23/10/2013Columbus Gold
17/10/2013Columbus Gold
17/10/2013Drills 1.82 g/t Over 27 Meters at Eastside Gold Discovery in...
25/09/2013Columbus Gold
18/09/2013Columbus Gold
12/09/2013Columbus Gold
12/09/2013Forms French Advisory Board
21/05/2013Columbus Gold
21/05/2013Receives $5 Million from Royalty Sale
19/04/2013Columbus Gold
10/04/2013Columbus Gold
27/03/2013Columbus Gold
15/03/2013Columbus Gold
15/03/2013(Paul Isnard)Files National Instrument 43-101 Compliant Technical Report ...
05/02/2013Columbus Gold
10/01/2013Columbus Gold
29/10/2012Columbus Gold
14/06/2012Columbus Gold
31/05/2012Invite - Columbus Gold - Vancouver World Resource Investment...
17/05/2012Columbus Gold
13/04/2012Columbus Gold
13/04/2012Columbus Gold
02/04/2012Columbus Gold
29/03/2012Columbus Gold
22/03/2012Columbus Gold
20/03/2012Columbus Gold
19/03/2012Columbus Gold
02/03/2012Columbus Gold
28/02/2012Columbus Gold
21/02/2012Columbus Gold
16/02/2012Columbus Gold
30/01/2012Columbus Gold
22/12/2011Columbus Gold
15/12/2011Columbus Gold
07/12/2011Columbus Gold
06/12/2011Columbus Gold
05/12/2011Columbus Gold
30/11/2011Columbus Gold
24/11/2011Columbus Gold
13/10/2011Columbus Gold
07/10/2011Columbus Gold
21/09/2011Columbus Gold
08/09/2011Columbus Gold
18/08/2011Columbus Gold
13/11/2008News Release
22/09/2008Columbus Silver Completes IPO
03/07/2008Starts 6,000-Metre Drill Program in the Dominican Republic
12/05/2008CORPORATE UPDATE
06/05/2008be featured on CNBC
05/05/2008Spin Out Silver Properties in IPO
02/05/2008ACQUIRES NEVADA GOLD PROPERTY; DRILLING PERMITED
07/03/2008Carrelton Asset Management Increases Stake in Columbus Gold ...
01/11/2007 Commences Drilling At Its Bolo Gold Project In Nevada
05/10/2007Phase 2 Drill Program Commences at Dutch Flat
25/09/2007Options Nevada Property To Ventura Gold
20/09/2007Newmont Farms Into Columbus Gold Nevada Gold Property
17/08/2007(Audio) Radio Interview with Columbus Gold President & CEO R...
11/06/2007Agnico Eagle Enters Into Us$3 Million Joint Venture Agreemen...
02/05/2007Receives Phase I Drill Results From Overland Pass
19/03/2007Drilling Commences At Columbus Gold'S Four Metals Project
21/03/2007Gold And Cordex Extend Exclusive Agreement
23/02/2007Drilling Expands Dimensions Of Gold Deposit At Golden Mile
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (CGT.V)OTHER OTC (CBGDF)
0,345+0.00%0,120-7.69%
TSX-V
CA$ 0,345
25/01 15:59 -
0%
Cours préc. Ouverture
0,350 0,350
Bas haut
0,345 0,355
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,345 -4,17%
Volume var. 1 mois
18 500 -4,17%
24hGold TrendPower© : -5
Produit
Développe Gold - Silver
Recherche Antimony - Copper - Gold - Iron - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,25 AU$-2,68%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
5,34 US$-4,81%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,84 GBX-1,18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,09 CA$+5,88%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
1,96 CA$-10,50%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
8,16 CA$-0,85%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,20 CA$+8,33%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,33 AU$-0,91%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,41 CA$+2,99%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
68,30 US$+0,74%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+3,57%Trend Power :