A25 Gold Producers Corp. (ALQ) acquires extension to property showing results from 15. ...
The A25 Gold Project consists of three Mineral Claims with reports written in accordance with the Canadian Securities Administrators (CSA) National Instrument 43-101. Of the 32 diamond drill holes completed to date on the A25 Mineral Claims, 7 diamond drill holes intersected gold mineralization assaying grading in a range between 15.5 grams (0.45 ounces) per tonne gold up to 310 grams (9.03 ounces) per tonne gold over 2 metres.
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HOLE NO
FROM (m)
TO (m)
WIDTH (m)
GRAMS/TONNE
H84-1
18.7
19.7
1.0
15.5
H84-7
53.6
54.7
1.1
39.2
H84-17
58.0
59.0
1.0
18.2
H84-20
23.0
24.0
1.0
17.6
H85-24
15.0
16.0
1.0
210.0
16.0
17.0
1.0
409.5
H85-29
34.4
35.4
1.0
24.65
H85-30
13.0
14.0
1.0
87.0
The A25 Mineral Claims are located at the northwestern end of the expired Hiller-Churchill group of claims previously owned by Falconbridge Ltd. until the 1980's. Falconbridge Ltd. began a joint venture with Footwall Exploration Ltd. with the intent to take the property into full production. Exploration was discontinued in 1989 due to the low price of gold at the time.
A25 Gold Producers Corp. has developed plans to execute a 1.5 million Euro exploration and drilling program in 2009-2010 that will commence production in 2011-12.
The company also owns two other Gold-bearing mining properties the A25 and the Esperanza. Both are also slated for exploration.
About A25 Gold Producers
A25 Gold Producers Corp., a Canadian-based company in British Columbia, is in the business of commercializing gold and silver properties that had been active mines in the past but were not fully exploited. The properties are located in the Zeballos area near the west coast of Vancouver Island, British Columbia. The properties are grouped into one contiguous area giving A25 Gold Producers significant claims over lands that the provincial mining authority has identified the area as an area that can be expected to meet previous production records.
Safe Harbor
Certain statements above constitute forward-looking statements with respect to A25 Gold Producers Corp. and affiliate companies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.
Contact:
Jim Adams
416-367-9225
info@a25gold.com
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