Shares Issued and Outstanding: 8,465,933
BEDFORD, NS, May 25, 2011 /CNW/ - Empire Capital Corp (TSXV: EPM) (the
"Corporation" or "Empire") is pleased to report on the remaining
results from its soil sampling program on its Wings Point Gold Project
Previously, the Corporation identified several large induced
polarization (IP) geophysical anomalies coincident with known gold
bedrock mineralization striking through an operating gravel pit. A soil
sampling program was carried out to determine if soil anomalies would
be coincident with the IP geophysical anomalies and if soil sampling
could be an exploration tool throughout the property area.
On April 26, 2011, the Corporation announced initial soil sampling data
which illustrated a spatial correlation of gold-in-soil anomalies with
known geophysical anomalies. The remaining soil data has been received
and additional soil anomalies have been identified coincident with both
known bedrock mineralization and IP geophysical anomalies. The newest
data is showing strong arsenic-in-soil anomalies coincident with known
gold-in-bedrock, especially with the Eastern Geophysical Anomaly and
eastern bedrock gold zone. Gold in bedrock is strongly associated with
both pyrite and arsenopyrite mineralization, thus the correlation of
arsenic in soils with known bedrock gold is expected. Values of arsenic
in soils over this anomaly reached a high of 3922 ppm, with six samples
above 1000 ppm, and 15 samples above 100 ppm. Gold-in-soil anomalies
were not as strong even though samples were taken above or near known
bedrock gold, suggesting arsenic is more effective for identifying
The soil data over the area the Corporation has been calling the Eastern
Geophysical Anomaly may in fact be two closely spaced and parallel IP
geophysical anomalies. In late 2010 and early 2011 Empire completed a
rock sampling program and identified a zone of bedrock gold with a
strike length of 680 metres. Rock exposure was sporadic and the initial
rock sampling program was believed to have come from one zone, which
was named the Eastern Zone. The new soil data in combination with the
geophysical data and recent mapping in the gravel pit, however,
suggests there most likely are two closely spaced IP geophysical
anomalies in what is called the Eastern Geophysical Anomaly. These
zones, based on the combined soil and geophysical data, show one
anomaly having a strike length of 600 to 700 metres and a width of 100
to 120 metres, with the target, for the most part, lying about 30
metres below surface. The second anomaly, which is more difficult to
discern in the geophysical data set but is well defined by
arsenic-in-soils, appears to have a strike length of 600 to 700 metres
and a width between 70 and 100 metres.
The Western Geophysical Anomaly also has slightly elevated levels of
both gold and arsenic-in- soils in several areas, although not as
pronounced as observed at the Eastern Geophysical Anomaly. A trenching
program, which is presently in progress, has shown glacial till to be
greater than 20 feet thick over certain areas of the Western
Geophysical Anomaly making soil sampling much less effective for
identifying soil anomalies associated with the underlying bedrock.
Terry Christopher, President and CEO comments "In short the soil program
was successful in producing gold and or arsenic soil anomalies over the
main IP geophysical anomalies. The possibility that the Eastern
Geophysical Anomaly could be two parallel zones is encouraging,
especially since bedrock exposure in those areas is much greater than
anywhere else and where gold mineralization has been identified in
bedrock. A trenching program is ongoing and that data will provide us
with the necessary data to select drill targets for the upcoming drill
On May 25, 2011 Empire terminated its option agreement dated July 20,
2010 with Eastland Management Limited for the 12 Otter mineral claims
located near Princeton, British Columbia. Empire will focus its
exploration on the Wings Point Gold Project.
Empire Capital Corp. is a junior explorer focused on gold. Our model is
find targets that have large scale potential for gold deposits and to
that end the Corporation has been reviewing opportunities in Canada,
USA, Africa and South America.
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