 |
Thursday, August 06, 2009
Golden Harp Reports Exploration Progress From Copper Hill Block A Gold Project
Vancouver -- Thursday, August 6, 2009 - Golden Harp Resources Inc. (TSXV:GHR) today announced it has been provided an update by Benton Resources Corp. regarding ongoing exploration programs on the Copper Hill Block A gold project. Benton Resources Corp. issued a press release today - the verbatim text relating to Golden Harp Resources has been extracted and is included below:
BENTON PROVIDES EXPLORATION UPDATE
Thunder Bay, Ontario - Benton Resources Corp (BTC: TSX.V, "Benton" or "the Company") is pleased to announce the following exploration update from the Company's ongoing exploration programs.
Golden Harp "Block A": Benton has completed a work program consisting of line cutting, ground geophysics (induced polarization (IP) and magnetic), mapping and a soil geochemical survey. Of particular interest was the results of the soil survey where several individual samples returned >0.5 gpt Au with the highest value returning 5.11 gpt Au. The soil geochemical anomaly up to 900 metres (m) long, is coincident with a moderate to strong IP chargeability response, and occurs along strike to the north west of the MC Zone where diamond drilling in 2008 by Golden Harp Resources Inc. intersected 3.6 gpt gold over 9.0m (including 14.29 gpt Au over 2.0m) from hole GH-019.
Benton is planning a substantial drill program to systematically test the new coincident soil and IP anomaly and the MC Zone, as well as follow-up drilling at the Cook Zone where Benton's diamond drill program completed in June returned grades of 5.03 gpt Au over 8.5m in GH09-01, 11.9 gpt Au over 5.5m in GH09-02, and 21.41 gpt Au over 3.0m (including 40.2 gpt Au over 1.5m) in GH09-06 The Golden Harp Block A property is located approximately 100 km south of Timmins and 87 km southwest of Kirkland Lake, Ontario. Benton is currently in the midst of earning up to a 70% interest in the property (Benton P.R March 12, 2009).
About Benton Resources:
Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements which can be view on the companies web site post below. The company currently has approximately $13.0 million in cash, owns a 34.3% interest in Coro Mining Corp (TSX.COP), holds an approximate 5% interest in Marathon PGM Corp (TSX.MAR) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
For further information about Benton Resources contact:
Stephen Stares, President & CEO:
Tel: (807) 475-7474
www.bentonresources.com
About Golden Harp
Golden Harp Resources Inc. is a Canadian mineral exploration company. Its 145 square km, Copper Hill gold and base metal project is located 100 kilometres south of Timmins, along Highway 560 between Shining Tree and Gowganda, Northern Ontario. The property, situated along the projected western extension of the Cadillac Larder Lake Break in the Abitibi Greenstone Belt, hosts several gold zones in a variety of geological settings; a copper zone; and large portions of the property remain to be evaluated. Golden Harp recently optioned a portion of its claim units (the Block A Property) to Benton Resources Corp. who have been actively working the property. The Block A option covers 351 of Golden Harp's 855 claim units in the northeastern portion of the Copper Hill project. Benton may earn up to a 70% interest in the Block A by spending $3 million in exploration and issuing cash and shares to Golden Harp (see NR March 12, 2009 for details). Golden Harp will continue to explore and advance the significant gold and copper targets situated in its 504 claim units, which are contiguous to those in the Block A option. Golden Harp has 24,673,042 shares outstanding.
For further information about Golden Harp Resources Inc., please visit our website at www.goldenharpresources.com or contact:
Natasha Blackburn, President and CEO
Tel: 604-688-4277
Kevin Filo, Senior Geologist
Tel: 705-268-0371
Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in the forward looking statements. Although we believe that the expectations in the forward-looking statements are reasonable, actual results may vary, and future results, levels of activity, performance or achievements cannot be guaranteed.
The information contained in the press release is a verbatim extract of the press release issued by Benton Resources Corp. Although Golden Harp believes the information included in the press release to be generally reliable, the data has not been independently verified and Golden Harp does not assume any liability for the accuracy or completeness of such information.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
|
|
|