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

West Kirkland Mining

Publié le 16 janvier 2012

Cuts More High Grade Gold at Cunningham Property

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Knox |
West Kirkland Mining INC.

West Kirkland Cuts More High Grade Gold at Cunningham Property

January 16, 2012

VANCOUVER, BRITISH COLUMBIA, January 16, 2012 - West Kirkland Mining Inc. (WKM:TSXV) (�West Kirkland� or the �Company�) is pleased to provide a drilling update on its Cunningham property in Kirkland Lake, Ontario.  The Company drilled an additional 18 holes totaling 3,345.5 meters on the Cunningham property and intersected highlights of 7.85 g/t Au over 0.80 meters in Hole KC1184, 20.10 g/t Au over 1.00 meters in Hole KC1186, 17.80 meters of 1.25 g/t Au in Hole KC1187, and 2.00 meters grading 3.69 g/t Au in Hole KC1194.  Of the 18 additional holes drilled on the Cunningham property, ten holes had intercepts greater than one gram-meter.  These holes were drilled as a follow-up to results released on October 3, 2011 which included 16.15 g/t Au over 5.00 meters.

These intercepts confirm a three dimensional gold bearing target in classic Kirkland Lake style where further drilling will be used to map the best grade-thickness. The gold intercepts are adjacent to an underexplored splay of the Cadillac Lake-Larder Lake Break which has a length of two kilometers on the West Kirkland land position. The current intercepts outline the mineralization over a strike length of approximately 580 meters with a depth extent in excess of 375 meters. 

A summary of assay highlights is as follows:

Hole ID From (m) To (m) Length (m) Au (g/t)
KC1183 177.90 178.20 0.30 3.94
KC1184 25.00 28.50 3.50 2.24
incl. 27.70 28.50 0.80 7.85
KC1186 8.00 11.00 3.00 7.80
incl. 8.00 9.00 1.00 20.10
KC1187 16.10 17.00 0.90 3.98
and 21.80 39.60 17.80 1.25
incl. 34.00 36.00 2.00 6.22
KC1194 33.20 38.20 5.00 1.81
incl. 33.20 35.20 2.00 3.69
and 74.00 75.50 1.50 3.73
KC1195 120.00 121.10 1.10 2.12

In addition to the drilling on the Cunningham property, the Company has received results on an additional 20 holes drilled into regional targets.  Eleven of these holes returned values of greater than one gram-meter gold and may be targets for further drilling. The Company has discovered a gold structure that to its knowledge has not been previously drilled on the Goldbanks property.  The structure has been pierced by five drillholes to date with the best intercept returning 11.8 g/t Au over 0.3 meters starting 49.1 meters down the hole. 

2012 Kirkland Lake Exploration Plans

The results for 2011 in the Kirkland Lake area have validated the exploration model adapted by the Company since its formation. West Kirkland continues to follow a proven strategy of drilling along known �Breaks� or gold bearing structures. Systematic drill exploration along these Breaks for the best grade-thickness has proven to be a successful strategy for West Kirkland�s management team in the past, resulting in multiple mine discoveries.

Drilling continues in Kirkland Lake with two rigs. West Kirkland holds controlling options over 92 square kilometers in the west Kirkland Lake area between the Macassa Mine of Kirkland Lake Gold and the Young-Davidson Mine of Aurico.

Encouraged by results to date, the Company plans to drill approximately 15,000 meters of core on its Kirkland Lake properties in 2012.  Focus areas will include the Cunningham, Sutton and Goldbanks properties where the Company has identified three dimensional drill targets.  The Goldbanks target is 1.2 kilometers from the well-known Macassa Gold mine, # 3 shaft, operated by Kirkland Lake Gold.

Property Updates

Drilling results to date have allowed the Company to focus its existing property positions. The Company has entered into an option agreement whereby it can earn an additional 30% interest in its Flavelle property bringing its total option interest in this 15.11 square kilometre block to 100% less a 3% NSR, (1% purchasable for $3,000,000).  Terms of the option agreement are $10,000 on signing and an additional $100,000 in cash or stock over the next three years. 

The Company has terminated its option agreements on the Burteby and Kenogami properties covering 7.40 square kilometers. 

Qualified Person, Verification, Quality Control and Assurance

Samples of drill core were saw cut, with half the cut core placed in individual sealed bags and half placed back in the original core box for permanent storage.  Drill core samples were delivered directly by West Kirkland personnel to the ALS Chemex prep lab in Timmins.  Prepared pulps were shipped by ALS Chemex to their North Vancouver lab where gold was determined by fire assay fusion with Atomic Absorption Spectroscopy (AAS) Finish.  ALS Chemex�s North Vancouver Lab is ISO 9001:2008 certified and also is ISO/IEC 17025:2005 accredited by the Standards Council of Canada for the assay methods employed. 

Michael G. Allen, Vice President of Exploration for West Kirkland, and a Qualified Person as defined by Canadian National Instrument 43-101, has reviewed the information contained in this news release and has also verified the analytical data for drill core samples disclosed in this release by reviewing the blanks, duplicates and certified reference material that the Company inserted into the sample stream and confirming that they fall within limits as determined by acceptable industry practice.  He is the non-independent qualified person for this new release and has verified the data.

About West Kirkland Mining

West Kirkland Mining was formed in 2010 to focus on gold exploration along major trends in North America. The Company has consolidated significant mineral rights positions in the Kirkland Lake area of Ontario and within major gold trends of north eastern Nevada - two of North America�s premier gold jurisdictions. The founders and Board of West Kirkland Mining have successful gold discovery, development and mine operations experience in both Ontario and Nevada over the past 40 years.

For further information, please see the Company�s website at www.wkmining.com or contact us by email at info@wkmining.com or call:

West Kirkland Mining Inc.
R. Michael Jones, Michael Allen or Knox Henderson at (604) 685-8311

Or

Sequoia Partners
James Beesley: 778-389-7715 or james@sequoiapartners.ca

Neither the 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.

Disclaimer for Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding proposed exploration activities. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company�s equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company�s profile on SEDAR at www.sedar.com.

West Kirkland Mining

CODE : WKM.V
ISIN : CA9535551092
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

West Kirkland Mining est une société d’exploration minière basée au Canada.

West Kirkland Mining est cotée au Canada. Sa capitalisation boursière aujourd'hui est 140,2 millions CA$ (139,0 millions US$, 88,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2010 à 1,70 CA$, et son plus bas niveau récent le 14 juin 2019 à 0,03 CA$.

West Kirkland Mining possède 326 089 984 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
 
Financements de West Kirkland Mining
31/01/2013Arranging for New Significant Investor to Participate in Fin...
Projets de West Kirkland Mining
24/02/2014Reports Increased and Upgraded Resources at Hasbrouck and Th...
25/04/2013Reports Metallurgical Assays and Exploration Results
18/10/2012’s TUG Gold Project Advances, Partner Elects to Acquire Mine...
26/09/2012Drills New Gold Zone Near TUG Deposit, Long Canyon Trend, Ne...
07/09/2012Rathdowney Resources, Mawson Resources and West Kirkland Min...
20/08/2012Rathdowney Resources and West Kirkland Mining Investors Foru...
31/07/2012Commences Drilling on Long Canyon Trend
16/07/2012Files TUG Resource Estimate on SEDAR
02/06/2012Estimates TUG Deposit at 679,000 AuEq oz Inferred
01/06/2012Announces Initial Near Surface Gold Resource
23/04/2012Exploration Update and Plans
23/02/2012Expands Nevada Drill Campaign to New Targets in Long Canyon ...
19/01/2012Join West Kirkland Mining at the Vancouver Resource Show, Ja...
03/10/2011Drills 16.15 g/t Gold Over 5.0 Meters in New Discovery at Ki...
08/09/2011Mobilizes Drill to Bullion Mountain Project, Cortez Area, Ne...
16/08/2011Intercepts 7.88 g/t Gold Over 2.41 Meters Within 1.04 g/t Go...
19/07/2011Initial Gold Intercept for West Kirkland in the Long Canyon ...
23/06/2011Drilling Update: Continued Gold Intercepts in Kirkland Lake
24/03/2011Drilling Update
Communiqués de Presse de West Kirkland Mining
12/04/2016West Kirkland Mining Update And Grant Of Incentive Stock Opt...
07/04/2016Eastfield Resources Corporate Update
31/12/2015West Kirkland Announces and Closes a Non Brokered Private Pl...
27/11/2015WEST KIRKLAND OBTAINS FEDERAL PERMIT TO CONSTRUCT AND OPERAT...
27/11/2015IIROC Trading Resumption - WKM, WKM.WT
27/11/2015IIROC Trading Halt - WKM, WKM.WT
09/03/2015West Kirkland’s Project Update Highlights Increased Gold Rec...
09/03/2015West Kirkland's Project Update Highlights Increased Gold Rec...
27/01/2015West Kirkland Intercepts 16.8 Meters of 1.24 Grams Per Tonne...
03/12/2014West Kirkland Achieves 81% Gold Recovery On Run-Of-Mine Bulk...
25/11/2014West Kirkland Submits Mine Plan Of Operations For Three Hill...
21/11/2014West Kirkland Cuts 39.6 Meters Of 1.36 Grams Per Tonne Gold ...
17/11/2014West Kirkland Cuts 39.6 Meters of 1.36 Grams Per Tonne Gold ...
22/10/2014West Kirkland Continues Exploration Drilling At Hasbrouck Pr...
09/09/2014West Kirkland Cuts 50.29 Meters of 0.73 Grams Per Tonne Gold...
25/06/2014West Kirkland Mining Announces Grant of Incentive Stock Opti...
12/06/2014West Kirkland Fast-Tracks Bulk Sample to Confirm Run-of-Mine...
03/06/2014West Kirkland Commences Exploration and Prefeasibility Study...
23/04/2014West Kirkland Completes Acquisition of Hasbrouck and Three H...
17/04/2014IIROC Trading Resumption - WKM
17/04/2014IIROC Trading Halt - WKM
09/04/2014IIROC Trading Resumption - WKM
09/04/2014IIROC Trading Halt - WKM
28/10/2013Extends Agreement with Rubicon Minerals
30/09/2013Files TUG Resource and Preliminary Economic Assessment on SE...
01/08/2013Reports Resource and Preliminary Economic Assessment on its ...
22/05/2013(TSX.V:WKM) - Letter from CEO, R. Michael Jones – 2012 Year ...
11/03/2013Continues Drilling on Targets in Long Canyon Trend, Nevada a...
07/02/2013Closes Private Placement for Gross Proceeds of $5.6 Million
25/01/2013Cocktail Invite (Round-Up) Monday, January 28-- 4:00-8:00 p....
12/11/2012| Thursday November 22nd, 2012
03/07/2012Reports Surface Gold at 12 Mile
04/04/2012Expands TUG Gold Deposit and Adds to Regional Targets in Lon...
16/01/2012Cuts More High Grade Gold at Cunningham Property
08/12/2011Reports Expanded Gold Mineralization at TUG Property, Long C...
12/09/2011Cuts 1.55 g/t Gold and 58.52 g/t Silver Over 22.56 Meters at...
27/06/2011and Rubicon Minerals Announce an Agreement on Large Claim Bl...
14/04/2011Adds to Its Technical Team and Commences Drilling in Nevada
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (WKM.V)
0,430-4.44%
TSX-V
Cours préc. Ouverture
Bas haut
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  - -100,00%
Volume var. 1 mois
-100,00%
Produit
Développe
Recherche
 
 
 
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
2020127,27%0,140,05
 
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,72 AU$-0,39%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
12,26 US$+2,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$-1,86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,23 CA$+4,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+4,26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,21 AU$+10,53%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,88 CA$+0,53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,71 US$+0,19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :