Emerick Provides Grew Creek Update, Appoints New President
The Company has completed the planned program, drilling approximately 1,600m in 9 holes to test the Sleeper, RAT and Barium zones. Preliminary gold results are expected shortly.
Gold mineralization at Grew Creek occurs as quartz-vein and vein stock-work in permeable felsic pyroclastic tuffs contained within a graben structure formed by the Tintina fault system.
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
established.)
Corporate Activity
The Company also announces that
In 1988,
The Board would like to thank
Qualified Person
----------------
ON BEHALF OF THE BOARD
"Simon Ridgway"
Simon Ridgway, Chairman
Symbol: TSXV-ERC
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
For further information: Investor relations: Erin Ostrom, tel: (604) 801-5432
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