VANCOUVER, Nov. 10 /CNW/ - Emerick Resources Corp. (TSX-V: ERC) announces that it has received gold assay results from its recent diamond drilling program at the Grew Creek epithermal gold project in central Yukon Territory. The Company completed approximately 1,600m in 9 holes to test the Sleeper, RAT and Barium zones.
The holes tested potential zones of mineralization associated with enzyme leach soil anomalies distal to the historic gold resource at Grew Creek. No significant results were returned by the drilling.
The Company is now evaluating the potential of the main zone where historical drilling by various companies (the results of which have not been verified by Emerick and should therefore not be relied upon) returned a number of high-grade intersections from mineralization hosted within interpreted vent breccias, including:
- Hole GC-88-29: 33.0 metres, grading 22.07 grams per tonne gold and
144.4 grams per tonne silver;
- Hole GC-96-196: 17.0 metres, grading 28.55 grams per tonne gold and
22.8 grams per tonne silver;
- Hole GC-87-39: 6.0 metres, grading 54.9 grams per tonne gold and
54.5 grams per tonne silver.
(Note: The widths reported are the length of the drill core intersection
as the true orientation of the mineralization has not been confidently
Gold mineralization at Grew Creek occurs as quartz-vein and vein stock-work within permeable felsic pyroclastic tuffs contained within a graben structure formed by the Tintina fault system.
David Cass, a member of the Association of Professional Engineers and Geoscientists of British Columbia, and a Qualified Person in accordance with National Instrument 43-101, has verified that the technical information in this release is an accurate summary of the information provided to Emerick.
ON BEHALF OF THE BOARD
Simon Ridgway, Chairman
Shares Issued: 11.4-million
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release
SOURCE Emerick Resources Corp.
For further information: For further information: Investor relations: Erin Ostrom, tel: (604) 801-5432