VANCOUVER, Jan. 10, 2013 /CNW/ - Darwin Resources Corp ("Darwin" or "The Company") (TSXV:DAR) (OTCPK:DARWF): Dr. Graham Carman, President & CEO, is pleased to provide an update on surface sampling at the Suriloma epithermal gold - silver project in the Department of La Libertad Peru. New results from channel sampling at the La Puerta prospect area are presented here, together with samples from five other gold-silver targets at Suriloma.
- 29 metres @ 1.60 g/t gold + 4.5 g/t silver was sampled in a channel across epithermal stockwork mineralization at the La Puerta area, including 2 metres @ 12.8 g/t gold + 36.7 g/t silver;
- 0.3 metres @ 130 g/t gold was sampled in a vein from the Surupampa area;
- 1.5 metres @ 627 g/t silver and 3.2 metres @234 g/t silver was sampled in two channels cutting an epithermal vein at the Edelmira area, one of seven (7) mapped veins at Edelmira;
- Rockchip samples returned up to 11 g/t gold in a possible fault-displaced extension of La Puerta mineralization at the Inmaculada area;
- Rockchip samples returned up to 4.4 g/t gold in mineralized quartzite at Santa Felicita;
Dr Graham Carman states: "Recent channel sampling at the La Puerta area has reinforced our confidence in the continuity of gold mineralization (see Figure 1). Disseminated gold associated with quartz stockwork has been sampled over widths between 20 and 40 metres along a 500 metre strike length in andesite volcanics. Mineralization remains open in both directions, and the edges of the mineralized zones are often soil covered, suggesting the mineralized envelope could be significantly wider. We now believe that mineralization at La Puerta could be repeated a further 1.2km to the west, where similar mineralization is exposed at Inmaculada, again in volcanic rocks."
"Suriloma is proving to be a large and prospective epithermal system. About 600 surface samples have now been collected from six prospects within a 7km x 3km area on mineral concessions controlled 100% by Darwin (see Figure 2). Quartz veins sampled at Surupampa returned up to 130 g/t gold, indicating potential for very high-grade gold mineralization. Gold up to 4.4 g/t has also been recently discovered in quartzite rocks within stockwork mineralization at the Santa Felicita area. This discovery is particularly exciting because several other large gold deposits within 50km of Suriloma are hosted by quartzite rocks including La Arena (Rio Alto Mining), Lagunas Norte (Barrick Gold Corporation) and Shahuindo (Sulliden Gold Corporation)."
Darwin is progressing well with community engagement to gain the required drill permits for La Puerta. A community information workshop was successfully completed in December 2012, and other workshops are planned to inform surrounding communities of our activities. The Company is now finalizing access agreements with a number of individual landholders. Once completed, a drill plan of up to 20 separate drill pads will be submitted to the government for final approval, which we expect should take around 3 months, i.e. end of calendar Q1 or early Q2 2013. The initial planned drill program will be approximately 2,000 metres and would start immediately after the approval process is completed.
Significant gold and silver channel results at La Puerta are highlighted in Figure 1 and summarised in Table 1 below. The locations of all targets discovered to date at Suriloma are shown in Figure 2 with the gold results highlighted.
The qualified person, Dr Graham Carman, Darwin's President and CEO, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release. Channels were dug to a depth of up to 30cm depth across continuous subcropping zones covered by thin soils using a pick and chisel. Each continuous channel sample was typically 2m in length. Channel samples are considered representative of the in-situ mineralization sampled and channel widths quoted approximate the true width of mineralization. Samples were analyzed by Certimin in Lima for gold using a 50g fire assay with an atomic absorption finish (method G0107), and for silver and other trace elements by ICP using an aqua regia digestion (method G0146). A duplicate sample of the 130g/t gold vein was taken in the field, and the original result was repeated within acceptable error.
About Darwin Resources Corp (TSXV:DAR) (OTCPK:DARWF):
Darwin is a resource acquisition and development company. The Company has a portfolio of gold and copper projects in Peru, and has a focus on the Suriloma gold-silver property. Darwin recently obtained an option to acquire 100% of three separate Suriloma mining concessions by making staged payments totalling $800,000 over 3 years.
On behalf of the Board,
Dr Graham Carman, President & CEO
Forward Looking Statements This Company News Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
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 or accuracy of this news release.
|Table 1: Significant gold ("Au") and silver ("Ag") channel intercepts at La Puerta|
|Width (m)||Gold g/t||Silver g/t||Number of samples||Zone||Channel number||Date released|
|29.0||1.60||4.5||15||A-B||TR-15||8 Jan 2013|
|15.5||1.00||4||7||B||TR-12||4 Dec 2012|
|6.0||1.53||2.5||3||A||TR-13||4 Dec 2012|
|26.0||1.28||0.5||13||A||TR-14||4 Dec 2012|
|16.0||2.12||2||8||A||TR-09/10/11||14 Nov 2012|
|22.5||0.56||14||12||B||TR-09/10/11||14 Nov 2012|
|18.0||1.4||15||9||B||TR-06/07/08||14 Nov 2012|
|2.0||11.0||292||1||A||TR-06/07/08||14 Nov 2012|
|1.2||9.1||7||1||A||-||14 Nov 2012|
|3.0||4.8||3||3||A||-||9 July 2012|
| 9 July 2012
9 July 2012
9 July 2012
SOURCE: Darwin Resources Corp.
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