Temex intersects gold in porphyry at Croxall Property, West Timmins Gold
District
TSX Venture Exchange: TME,
Drill hole TC09-08 was drilled to undercut hole TC09-01 which intersected a red altered, gold-bearing porphyry in the northern part of the Property (news release
Commented
Drill holes TC09-02 to TC09-07 were drilled in the central and southern parts of the Property in previously untested areas and areas known to have significant alteration and anomalous gold mineralization. Each of the holes intersected broad areas of alteration, local shearing and quartz-ankerite veining and anomalous gold values. Hole TC09-04 discovered a broad gold-bearing zone within altered sediments wedged between two ultramafic intrusive units that assayed 0.51 g/t gold over a core length of 14.00 metres.
Temex has the option to earn a 100% interest in the Croxall Property, which covers 2,400 acres of highly favourable stratigraphy north of the Porcupine-Destor Fault, where the majority of the gold production has occurred in the 65 million ounce Timmins Gold Camp.
Henry Hutteri, P.Geo., is the designated Qualified Person responsible for the preparation of this news release. Temex is a Canadian exploration company advancing its precious metals projects in northeastern Ontario.
On behalf of the Board of Directors,
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President and CEO
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 release.
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For further information: contact Ian Campbell, President and CEO or Bruce Durham, Executive Chairman at (416) 862-2246 or visit www.temexcorp.com
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