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

Gold Reserve Inc

Publié le 03 avril 2007

Gold Intersected At Greenoaks, Beardmore-Geraldton Area

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada |
======================================================================
Gold Intersected At Greenoaks, Beardmore-Geraldton Area
======================================================================

Vancouver, B.C., April 3, 2007. Alto Ventures Ltd. (ATV: TSX-V) is
pleased to announce results from the 2007 drilling on the Greenoaks and
Cote-Archie Lake projects in the Beardmore-Geraldton Gold Belt. The
Beardmore-Geraldton Gold Belt is renowned for its high grades averaging
almost 0.4 oz/ton (13.7 g/t) gold from historical production which has
exceeded four million ounces. The Greenoaks project is located seven
kilometres northwest of the Company's Mud Lake property where drilling
earlier this year intersected prominent shear structures carrying
significant gold (see Alto News releases dated March 6 and March 20,
2007).

Greenoaks Project
Five holes, totalling 331 metres (m) were completed at Greenoaks in
2007. Two of the five holes intersected visible gold with assays
including 12.5 g/t gold across 0.4 m and 7.08 g/t gold across 0.8m.
Historical surface work resulted in the discovery of four zones along a
400 m segment of a west-northwest trending shear where gold-bearing
quartz veins have been emplaced. Previous drilling, dating back to the
1960s, focused only on Zone 1 and intersected high grade gold
mineralization including 1.2 ounces per ton (41 g/t) gold across 5 feet
(1.5 m). Zones 3 and 4 were not drilled prior to this program.

The 2007 drilling has confirmed the mineralization in Zone 1 and
indicates that more drilling is required to evaluate Zone 1 as well as
Zones 3 and 4. The results presented in the table below are very
encouraging.


Table of Significant Results from Greenoaks
Hole From (m) To (m) Width (m) Au (g/t) Zone
GRN07-01 13.2 13.6 0.4 12.5 Zone 1, Visible Gold
GRN07-04 12.0 12.5 0.5 2.1 Zone 4, Visible Gold
GRN07-04 21.9 22.7 0.8 7.08 Zone 3, Visible Gold
GRN07-05 61.8 63.0 1.2 0.11 Zone 1, deepest
mineralized intersection

on the property

Hole GRN07-05 intersected Zone 1 at 50 m vertical depth and this is the
deepest test of this zone. The zone was intersected from 61.8 m to
63.0 m downhole and it consists of solid quartz vein containing 5%
sulphide minerals including pyrrhotite and chalcopyrite. The vein is
visually impressive but since no visible gold was observed in the drill
core, the gold assays are lower.

Cote-Archie Lake Project
The project is located 5 km north of the Town of Beardmore and is road
accessible year-round. Previous work by Alto has identified a new
major shear structure (Cote Shear) with gold mineralization at several
locations along the shear, locally up to 11.2 g/t across one metre chip
samples. The Cote Shear trends parallel to the shear that is host to
the gold-bearing quartz veins mined at the former Leitch Mine which is
located 5 kilometres southwest of Alto's property. The Leitch Mine was
one of Canada's highest-grade gold mines and produced 860,000 ounces of
gold at a grade of 0.92 ounces per ton prior to closing in 1968.

Drilling of two holes was attempted but only one was completed and the
other was terminated before reaching its target. COT07-01 was drilled
to test the Cote Shear and it intersected the target, a well developed
and altered shear zone that is twenty metres wide and contains variable
quartz veining including a 2.4 m wide quartz vein/vein breccia that
contains minor amounts of sulphides. Although the assay results
obtained from this first hole are not economic, the intersection of
strongly sheared rocks that contain auriferous quartz veins is very
encouraging for a first-pass drill program (please see table below).

Hole COT07-02 attempted to test the same structure as COT07-01 but 50 m
west along strike. The hole was terminated at 44 metres and well short
of its target due to logistical problems related to water shortages
caused by the very cold snap during the drilling of this hole. A
weakly developed shear with 1 to 3% sulphides was intersected halfway
down the hole and it too contains anomalous gold.


Table of Significant Results from Cote-Archie Lake
Hole From (m) To (m) Width (m) Au (g/t) Zone
COT07-01 70.6 76.6 6.0 0.35 Cote Shear
includes 74.6 75.6 1.0 1.13 Quartz vein

80.6 89.0 8.4 0.5 Cote Shear
includes 80.6 83.0 2.4 1.35 Quartz vein

COT07-02 19.1 22.0 2.9 0.52 Weak shearing in front
of Cote Shear

Summary
Nineteen holes totalling 1,245 m were drilled on Alto's three projects
in the Beardmore-Geraldton area in 2007. The drilling tested new
targets and in addition to intersecting gold-bearing quartz veins
within major shear zones, encouraging assay results were received from
each of the projects including high grade values at Mud Lake (13.9 g/t
gold/1.0m within a wider zone containing 3.39 g/t gold/6.1 m) and at
Greenoaks (12.5 g/t gold/0.4 m and 7.08 g/t gold/0.8 m). Additional
work is planned for the summer months and will include trenching and
mapping then followed by diamond drilling.

Mike Koziol, P. Geo., P.Eng. and Alto's President and Director is the
Qualified Person that has reviewed and approved this news release.

Quality Assurance/ Quality Control
Core processing included descriptive logging and selection of samples
for analyses. The NQ-size cores selected for analyses were sawed in
half and one half was delivered to a commercial laboratory by Alto
staff for analyses and the other half retained for future reference.
Gold assays were performed at Accurassay Laboratories in Thunder Bay,
Ontario. The gold assaying method uses a standard Fire Assay with AA
finish technique on a 30 gram sub-sample taken from a 500 gram split
from the submitted sample. Commercially prepared standards were
inserted by Alto every 25 samples to ensure precision of the results.
The laboratory ran internal check assays every 10 samples to ensure lab
quality control.

About Alto Ventures Ltd
Alto Ventures Ltd. is a gold exploration and development company with a
portfolio of eleven properties in the Canadian Shield. The Company is
focused on the Despinassy project in the Abitibi Greenstone Belt,
Quebec and projects in the Shebandowan and Beardmore gold districts,
Ontario.

ON BEHALF OF THE BOARD,



Mike Koziol, P. Geo., P. Eng.
President


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

For further information contact:

Timea Carlsen
Manager of Corporate Communications
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC V6C 2B3
Tel: 604-638-3949
Fax: 604-689-3609
Email: info@altoventures.com
Website: www.altoventures.com

======================================================================
Copyright (c) 2007 ALTO VENTURES LTD. (ATV) All rights reserved. For
more information visit our website at http://www.altoventures.com/ or
send mailto:info@altoventures.com
======================================================================

.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Gold Reserve Inc

EN DÉVELOPPEMENT
CODE : GRZ.TO
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

Gold Reserve est une société développant des projet miniers d'or basée aux Etats-Unis D'Amerique.

Gold Reserve est en développement de projets d'or et de cuivre au Venezuela.

Son principal projet en développement est BRISAS au Venezuela et son principal projet en exploration est CHOCO 5 au Venezuela.

Gold Reserve est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 238,5 millions CA$ (238,8 millions US$, 182,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 14 avril 2006 à 9,09 CA$, et son plus bas niveau récent le 12 décembre 2008 à 0,29 CA$.

Gold Reserve possède 78 720 047 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 Gold Reserve Inc
11/02/2019Italian populists target huge gold reserves and some cry fou...
17/10/2018Hungary boosts gold reserves 10-fold, citing safety concerns
29/05/2013Belgian Central Bank Loans Out 10% or 25 Tons Or 10% of Gold...
26/11/2012Austrian Central Bank Has Parked 80% of Countries Gold Reser...
05/04/2011China Room to Increase Gold Reserves, Silver Backwardation C...
01/10/2009China’s lack of gold reserves and its young gold mining indu...
08/07/2009Where Have Russia's Vast Gold Reserves Disappeared to ?
29/05/2009U.S. Gold Reserves , Going or Completely Gone?
Rapports annuels de Gold Reserve Inc
Annual Report 2007
Projets de Gold Reserve Inc
14/01/2013Colombia Crest Gold Receives High-Grade Sample Results At El...
18/05/2012Pilot Gold receives final 2011 assays for TV Tower project
03/08/2011(Brisas). Provides Update To ICSID Arbitration
31/03/2008(Brisas)2008 Technical report
Communiqués de Presse de Gold Reserve Inc
18/02/2014Hecla Reports Record Silver and Gold Reserves
03/09/2013Pilot Gold Receives Plan of Operations Permit for Kinsley Mo...
21/06/2011. ANNOUNCES NOTIFICATION OF DELISTING FROM NYSE AMEX
13/06/2011. COMMENTS ON RECENT MARKET ACTIVITY
02/05/2007Gold Intersected in Drilling & Additional Property Acquired
03/04/2007Gold Intersected At Greenoaks, Beardmore-Geraldton Area
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TORONTO (GRZ.TO)AMEX (GRZ)
3,03+0.00%3,00-2.91%
TORONTO
CA$ 3,03
31/01 15:46 -
0%
Cours préc. Ouverture
3,03 3,03
Bas haut
2,96 3,10
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  3,03 -%
Volume var. 1 mois
25 581 -%
24hGold TrendPower© : 30
Produit
Développe Copper - Gold
Recherche Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 21/01/2010
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,54 AU$-2,14%Trend Power :
OceanaGold(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
11,46 US$-6,22%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,54 GBX+2,68%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,65 CA$+0,38%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,72 CA$-4,61%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,26 CA$+4,08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,22 AU$-4,35%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,74 CA$-8,42%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
51,18 US$-3,58%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :