Shares Issued and Outstanding: 8,465,933
BEDFORD, NS, April 26 /CNW/ - Empire Capital Corp (TSXV:EPM) (the
"Corporation" or "Empire") is pleased to report preliminary results
from its soil sampling program on its Wings Point Gold Project in
During February of this year, Empire completed a 13-line kilometre
geophysical survey which identified two significantly large anomalies
that are coincident with known gold mineralization exposed in the
bottom of an operating gravel pit. A soil sampling program has now been
carried out over the same grid to determine if soil sampling would be
an effective exploration tool in this area and to determine if
gold-in-soil geochemistry would provide further evidence of the
significance of the geophysical anomalies. The geophysical grid is
composed of 200 metre spaced lines over a strike length of 1600 metres,
with the grid centred on known gold zones in the gravel pit.
To date, soil results from two of the nine lines have been received.
These initial results show a slightly elevated gold-in-soil anomaly on
line L400 coincident with the Western Geophysical Anomaly. The
gold-in-soil anomaly on this line is near the southern end of the grid,
where the Corporation did not have any surface samples as the area is
covered in glacial till and vegetation. This soil anomaly is 400
metres to the southwest from the nearest known gold in bedrock zone and
where the Corporation sampled up to 6.92 g/t gold from a grab sample.
Soil sampling along this line also identified another area of interest.
Further to the south, along this line two soil samples near an
unexplained geophysical anomaly showed slightly elevated gold. This
geophysical anomaly is now a significant target and will be known as
the Third Geophysical Anomaly.
The second soil line completed was on line L800 and it crossed both the
Eastern and Western Geophysical Anomalies. Over the Western Geophysical
Anomaly one coincident soil sample showed slightly elevated gold. None
of the samples over the Eastern Geophysical Anomaly showed elevated
gold, however, this anomaly for the most part, based on the induced
polarization geophysical data, appears to be about 30 metres below the
surface at that location.
Terry Christopher, President and CEO comments "During our soil sampling
program it was determined that the soil development in this area is
poor, and most of our samples were glacial till or a mix of till and
soil, which is not the medium of choice for this type of survey.
Despite the poor soil development, a coincident gold-in-'soil' anomaly
was identified with the Western Geophysical Anomaly. This soil anomaly
is 400 metres to the southwest of the nearest bedrock gold zone so this
information adds critical data to our geophysical target as we move it
to the drill stage. In addition, our February geophysical survey
identified a number of areas that looked interesting but in areas where
little was known, and now with this soil data we have a third
geophysical target that we will be drill testing."
A map of the geophysical anomalies and soil geochemistry can be found on
the Wings Point Gold Project webpage at http://www.empirecapitalcorp.ca/projects/wings-point/.
Empire Capital Corp. is a junior explorer focused on gold. Our model is
find targets that have large scale gold potential and to that end the
Corporation has been reviewing opportunities in Canada, USA, Africa and
This news release contains forward-looking statements which include
statements regarding the Corporation's future plans, as well as
statements regarding financial and business prospects and the
Corporation's future plans, objectives or economic performance and
financial outlooks. The Corporation believes that the expectations
reflected in this news release are reasonable but actual results may be
affected by a variety of variables and may be materially different from
the results or events predicted in the forward-looking statements.
Readers are therefore cautioned not to place undue reliance on these
There can be no assurance that the exploration program will identify any
priority targets. The actual results and future events could differ
materially from those anticipated in this news release. The time frames
identified to work programs and other activities may vary significantly
from actual completion of the proposed work programs.
In evaluating forward-looking statements readers should consider the
risk factors which could cause actual results or events to differ
materially from those indicated by such forward-looking statements.
These forward-looking statements are made as of the date hereof, and
unless otherwise required by applicable securities laws, the
Corporation does not intend nor does it undertake any obligation to
update or revise any forward-looking statements.
This news release has been reviewed and approved by Dean Fraser, P.Geol,
and a "qualified person" under National Instrument 43-101.
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 of accuracy of this release.
SOURCE Empire Capital Corp.
For further information:
CEO and President
408 - 1550 Bedford Highway,
Tel: (902) 405-3520