Alpha Gold announces results from successful 2009 drill campaign on Lustdust
COQUITLAM, BC,
"The program was very successful," summed up Alpha Gold's CEO,
Within the Lustdust claims several mineralized corridors have been identified over the years: the Number 1 zone, a structurally controlled high sulphide vein system; the Number 3 and 4B zones, carbonate-hosted manto deposits; and the Canyon Creek Cu-Au Skarn Zone. The CCS Zone has been the main priority for its potential to develop a resource and therefore was the focus of the 2009 drilling.
2009
The 2009 program was designed and executed to continue the drilling in the Canyon Creek Skarn Zone in order to meet the requirements for a National Instrument 43-101 compliant report which will be prepared by GeoSim Services Inc. Recommendations from them were, in part, the foundation of the 2009 drilling agenda for infill, step-out, and re-drilling holes.
Seventeen holes, totaling 6,365 metres were drilled. Three holes were re-drills (LD-2009-01 to LD-2009-03) of pre-2002 drillholes to establish downhole survey data where no downhole surveys were taken; three holes were step-out holes (LD-2009-12, LD-2009-16 and -17) establishing continuity and possible extension at depth; and eleven holes were infill holes (LD-2009-04 to LD-2009-11, LD-2009-13, -14, -15) designed to better understand and interpret the stratigraphy and corridors of mineralization.
Significant assay results from the 2009 drilling campaign --------------------------------------------------------- ------------------------------------------------------------------------- Total From To Interval Au Cu Drillhole No. Depth (m) (m) (m) (m) (g/t) (%) ------------------------------------------------------------------------- LD-2009-01 371 80 93.41 13.41 0.39 Re-drill for data ----------------------------------------------------- 353 360.2 7.2 0.77 ----------------------------------------------------- including 353 359 6 1.144 ------------------------------------------------------------------------- LD-2009-02 570 182 190 8 0.85 Re-drill for data ----------------------------------------------------- 447 498 51 0.42 ----------------------------------------------------- including 478 492 14 0.761 1.04 ------------------------------------------------------------------------- LD-2009-03 131 No significant assays Re-drill for data ------------------------------------------------------------------------- LD-2009-04 429 No significant assays In-fill on CCS ------------------------------------------------------------------------- LD-2009-05 312 98 106 8 0.44 In-fill on CCS ----------------------------------------------------- including 98 102 4 1.32 ----------------------------------------------------- 132 144 12 0.455 ------------------------------------------------------------------------- LD-2009-06 450 241 263 22 1.00 In-fill on CCS ----------------------------------------------------- including 253 261 8 1.81 1.05 ------------------------------------------------------------------------- LD-2009-07 249 168 186 18 1.03 1.50 In-fill on CCS ------------------------------------------------------------------------- LD-2009-08 240 173 193 20 0.41 In-fill on CCS ----------------------------------------------------- including 175 179 4 1.07 1.4 ------------------------------------------------------------------------- LD-2009-09 294 229 240.91 11.91 0.20 Test to depth ------------------------------------------------------------------------- LD-2009-10 393 166 184 18 0.46 Test to join CCS ----------------------------------------------------- to 4B including 178 184 6 0.490 ----------------------------------------------------- 195 199 4 0.850 0.43 ------------------------------------------------------------------------- LD-2009-11 Test to join CCS to 4B 323 No significant assays ------------------------------------------------------------------------- LD-2009-12 525 110 119 9 1.40 Test to depth ----------------------------------------------------- including 110 118 8 2.11 ------------------------------------------------------------------------- LD-2009-13 354 149 164 15 0.692 0.81 N of CCS ------------------------------------------------------------------------- LD-2009-14 254 118 150 32 0.78 N of CCS ----------------------------------------------------- including 140 150 10 0.876 2.37 ------------------------------------------------------------------------- LD-2009-15 468 335 341 6 0.412 0.35 ------------------------------------------------------------------------- LD-2009-16 525 370 392 22 0.21 New skarn to depth ----------------------------------------------------- including 380 386 6 0.62 ------------------------------------------------------------------------- LD-2009-17 477 383 421 38 0.37 New skarn to depth ----------------------------------------------------- including 383 387 4 3.071 2.19 ----------------------------------------------------- 443 469 26 0.45 ----------------------------------------------------- including 443 449 6 2.62 1.54 ----------------------------------------------------- 461 469 8 0.307 -------------------------------------------------------------------------
Alpha Gold's management is very encouraged by these results and is now preparing the 2010 exploration program.
Resource Estimate and National Instrument 43-101 Report
QA/QC
Samples from LD-2009-01 to LD-2009-17 were analyzed by ALS Chemex Laboratory in
Real time GPS data collection was completed across the board in this campaign for all historical and current drill collar locations within the CCS Zone. It is believed that the GPS and assay data resulting from 2009's drilling, when combined with the existing catalogue, will be sufficient to support a stand-alone NI 43-101 compliant resource estimate on the CCS.
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For further information: please visit www.alphagold.bc.ca or contact: CHF Investor Relations, Cathy Hume, CEO, T: (416) 868-1079 x231, E: [email protected]; or Christopher Haldane, Account Manager, T: (416) 868-1079 x237, E: [email protected]
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