TORONTO, Feb. 25 /CNW/ - Viking Gold Exploration Inc. (VGC: TSX-V) (the
Company) has started its winter drill program with hole V-08-14 on line 450S
on the Viking Yellowknife joint venture property (Viking Gold Exploration 60%,
Viking Yellowknife Gold Mines 40%, a 78.8%-owned subsidiary of Lakota
Resources Inc.). The property is within the Company's Morris Lake project,
70 km north of Yellowknife, NWT.
The purpose of the drill program is to provide sufficient data to produce
a resource estimate in the area surrounding the underground workings. The
current drill program is a follow up to the two previous drill campaigns
successfully carried out by the Company in 2005 (18 holes, 2,848.0 m) and 2007
(13 holes 1,324.4 m) in and around the Viking Zone, site of the original gold
The current program consists of 12 holes from four set ups in the
vicinity of an exploration shaft that was sunk in 1947. Each set up will
consist of three holes dipping 70(degrees), 60(degrees) and 45(degrees) (see
figure 1: http://files.newswire.ca/684/Viking_Figure_1.pdf). The drilling will
be centred on the shaft and will test 200 m of strike length to a vertical
depth of about 260 m. The 12-hole drill program contracted to Foraco Drilling
Ltd. will total approximately 2,500 m.
The inclined exploration shaft was sunk to investigate the continuation
of gold mineralization that was discovered in outcrop in what is now the
Viking Zone. Underground exploration consisted of slightly more than 120 m of
drifting, crosscutting and slashing and 224 m of diamond drilling.
Historic drilling carried out by several operators has tested the Viking
Zone over a strike length of 1,800 m. The current drill program will increase
the drill density sufficiently to establish a resource estimate in the most
prospective and tested area of the Viking Zone mineralized horizon.
The current drill campaign is only one aspect of the Company's plan to
advance the Morris Lake project. While winter drilling focuses on establishing
a gold ore resource, the summer program will test a series of recently
outlined geochemical lake sediment anomalies and nearby untested geophysical
anomalies to the northeast. The northeastern part of the Morris Lake project
includes the southwestern continuation of the Ormsby Break, a geological
feature on which Tyhee Development has reportedly outlined 8.2 million tonnes
grading 3.53 grams of gold per tonne.
The program is being carried out under the direct supervision of Robert
Ginn, P.Eng, and Qualified Person for the project.
For further information:
For further information: George Werniuk, Vice President at (416)
364-6244 extension 251, or visit our website at: www.vikinggold.ca