VANCOUVER, March 10 /CNW/ - Golden Harp Resources Inc. (TSXV:GHR) today
announced that it has commenced the winter-spring 2008 exploration program on
its 100%-owned, 145 km2 gold and base metal project in the Larder Lake Mining
District of the Abitibi Greenstone Belt, Northern Ontario. Golden Harp's
two-pronged exploration approach for 2008 includes diamond drilling of
drill-ready targets and continual target development work utilizing state of
the art geophysics and mobile metal ion (MMI) geochemical surveying.
The Abitibi Greenstone Belt has produced approximately 65% of Canada's
gold and a substantial portion of its base metals from a series of world-class
deposits in well-established mining camps. Golden Harp's property is located
in close proximity to two of these major camps (Timmins and Kirkland Lake) and
hosts numerous gold and base metal occurrences within similar geological
There are a number of high priority gold prospects on Golden Harp's
property that require further evaluation. Work to date on the various gold
occurrences has shown that there is good potential for the property to host
both narrow-vein, high-grade targets and near-surface, bulk tonnage targets.
These include the historic Cook, Jude, Golden Sylvia and Decker Zones. The
property also hosts a number of base metal occurrences with significant
potential in and around the Copper Hill Zone. In addition to the primary
occurrences noted above, there are also numerous additional gold and base
metal occurrences, which have received limited or no exploration and require
Diamond drill efforts will be focused on the immediate vicinity of the
Cook Gold Zone and surrounding area as well as in Knight and Natal Townships
to follow up on airborne VTEM geophysical targets. Golden Harp plans to
complete approximately 3,000 meters of diamond drilling by mid 2008. A total
of 1,000 metres of diamond drilling have been completed so far and assays are
pending. The Company has just signed a drill contract for a 2,000-metre
diamond drill program, expected to begin later this month.
Golden Harp also recently initiated an extensive Induced Polarization
(IP) geophysical survey, which is now underway. It will cover approximately
110 kilometers of grid with IP and magnetic surveying in MacMurchy Township.
This survey will further evaluate the strike extent of the Golden Sylvia Gold
(GSG) Zone over approximately 10 kilometers. The GSG Zone survey grid was
strategically laid out to facilitate the concurrent evaluation of the proximal
Copper Hill base metal target which is located to the south of the GSG Zone.
Due to the stringer and vein like nature of the Copper Hill Zone, IP surveying
is the preferred evaluation tool to confirm the zone and identify potential
targets along strike. Upon completion of the geophysical survey work, the
Company plans to initiate MMI geochemical surveys to prioritize geophysical
targets for a fall 2008 drill program on both the Golden Sylvia Gold and
Copper Hill base metal targets.
Golden Harp is a Canadian mineral exploration company with an enviable
property position, covering 145 km2 over six townships in the prolific Abitibi
Greenstone Belt in Northern Ontario. The 100%-owned Copper Hill project hosts
four known gold zones, a copper zone, and large portions of the property have
yet to be evaluated. The Company's strategy is to provide its shareholders
with value growth opportunities through the exploration and discovery of new
mineral deposits and by building strategic partnerships to maximize the
exploration activity and discovery potential of its substantial land holdings.
For further information, please visit www.goldenharpresources.com or
This press release has been reviewed and approved by J. Kevin Filo,
P.Geo, Senior Geologist. Mr. Filo is the qualified person for the purposes of
National Instrument 43-101.
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 our forward looking
statements. Although we believe that the expectations in our forward looking
statements are reasonable, actual results may vary, and we cannot guarantee
future results, levels of activity, performance or achievements.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
For further information:
For further information: Natasha Blackburn, Chief Operating Officer,
firstname.lastname@example.org, Tel: (604) 688-4277 x 225; Kevin Filo, P.Geo,
Senior Geologist, email@example.com, Tel: (705) 268-0371