TORONTO, April 19 /CNW/ - Gold World Resources Inc. (TSXV:GDW) or ("the "Company") is pleased to
announce that the 2011 exploration program focuses on quickly
confirming resource grade and tonnage potential at its high-grade
gold/silver, polymetallic Mount Anderson Yukon Project (the "Mount
Anderson Project") and taking advantage of the availability of direct
shipping material and the high gold and silver prices to produce
revenue. The Mount Anderson Project contains widespread precious and
base metal mineralization (including skarns) in at least six
The most prospective exploration target identified by past work on the
property is the "Whirlwind Vein System" (Adit Zone) which has been
traced for 1200 meters along strike and has been developed by a series
of turn-of-the-century adits and drifts in the elevation interval 1,436
-1,570 m (4,710-5,150 ft). An accelerated program of adit refurbishment
and bulk sampling from underground as well as surface trenches will
provide the Company with the unique opportunity to confidently and
quickly translate subsequent drill results to reserves and at the same
time use the return from bulk sample smelting to offset costs.
In 1947, Keno Hill Mines Ltd sent a test shipment of ore from the
"forty-seven zone" of the Whirlwind Vein to the Trail smelter. This
shipment is reported to have averaged 34.3 g/t Au, 432.0 g/t Ag 11.6%
Pb and 5.2% Zn per ton. Sampling of the vein material by the property
vendors in 2009 verified these grades. Several tons of sorted and
sacked material is still on site above the portal opening and can be
shipped, together with the bulk sample, to a custom smelter for cash.
The Company believes that this will be an excellent way to fund
The geological models and target bulk sample locations provided by
previous operators will be used as a starting point for planning the
bulk sample program proposed for the Adit zone. Representative
geological data is being reviewed and re-interpreted for the purpose of
assigning preliminary geotechnical data.
About the Company:
Based on the benefits that the Mount Anderson Yukon gold/silver,
polymetallic Project offers, the Company's focus is directed to the
expedient exploration and development of this project.
ON BEHALF OF THE BOARD
Chairman & CEO
Gold World Resources Inc.
Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the Securities Act
(Alberta), including statements concerning Gold World Resources' plans
for the Property, which involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of Gold World Resources, to be materially different from
any future results, performance or achievements expressed or implied by
such forward-looking information. Such information contained herein
represents management's best judgment as of the date hereof based on
information currently available.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
SOURCE Gold World Resources Inc.
For further information:
Hermann Derbuch, P.Eng.
Tel.: 416.594.9888 Fax: 416.594.1967