...nachfolg. NEWS kam grad heraus und hat das zeug, SSR
´aufzuwecken´...........IMO - hier, lest mal........
BURLINGTON, ON, July 28 /CNW/ - Silver Shield
Resources ("Silver Shield" or the "Company") (TSX-V:SSR - News)
provides an update on exploration activities in the West Timmins
Area.
Silver Shield has now received preliminary results from Magnetic
and IP surveys being run on the 100 % owned "Lost Dog Project" in
south central Denton Township tied onto RT Minerals' and Nebu
Resources' land positions, in Canada's hottest Gold Exploration
Camp, the West Timmins area.
Magnetic surveys have shown a large area of low magnetic
intensity crossing the property from west to east that may
represent the extension of the prolific Porcupine-Destor Fault Zone
(PDFZ) through the property, or may be a splay structure off of it.
A number of high magnetic intensity structures run north-northeast
across the property as well. IP surveys have shown that conductive
zones are associated with the margins of these structures, which is
a similar setting to the location of gold in drilling by other
explorers in the northern part of Denton Township and in Carscallen
Township. The company feels that this is very encouraging results,
for the Lost Dog Property, and an expanded area of IP surveys, and
soil geochemistry is to commence shortly.
Gold in Denton Township has been found hosted in metavolcanic rocks
and iron formations of the Tisdale and Deloro Assemblages, in the
PDFZ cutting the Tisdale Assemblage and in the Carlton Lake Pluton.
Nebu Resources has recently completed a drilling program on their
Denton North Property that hosts the Jowsey-Denton and Brown-McDade
gold zones. The Lost Dog property is underlain by a granodiorite
intrusion, the Kenogamissi Batholith. This felsic to intermediate
intrusion underlies the southern third of Denton Township and the
PDFZ in this rock type has never been explored for Gold.
On the "Denton 2 Project" which consists of a single J shaped
claim, part of a 50/50 JV with Private Company, Mhakari Gold,
located in Denton Township, about 1 km northwest of the Lost Dog,
the Company has received results of a geochemical survey. Two areas
of anomalous gold in soil values were found to be associated with
similar north-northwest trending structures. This claim is
surrounded by holdings of Lakeshore Gold and Nebu Resources.
Follow-up work including more detailed sampling and geophysical
surveys are being planned.
On the "East Ogden Project" a group of claims in the northeast
corner of Ogden Township, also part of a 50/50 JV with Private
Company, Mhakari Gold, the Company has received results of a
geochemical survey. Six areas of anomalous gold in soil values were
found to be, once again, associated with similar north-northwest
trending structures. Two of the anomalies extend for over 100
metres. Follow-up work including more detailed sampling and
geophysical surveys are being planned.
The Company has recently completed a round of geochemical sampling
on its "Gunther Lake Project " in central Carscallen Township, also
part of a 50/50 JV with Private Company, Mhakari Gold. Samples are
currently being logged and prepared for shipment to the lab for
analysis.
Melkior Resources and SanGold have recently been
drilling near to this property.
The Company is extremely encouraged by work on
its West Timmins properties that has defined significant
structures, and located gold enriched trends on its properties.
Additional work programs with the objective of determining diamond
drilling targets are being planned at this time and will be carried
out in the fall exploration season.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news
release.
For further information
please visit www.silvershieldresources.com or contact: Silver
Shield Resources Corp., Donald Shaxon, Manager of Corporate
Development, (289) 838-5936
or Tim D. Towers, President and CEO, Tel: (289) 337-6162, Email:
silvershield@cogeco.net
.....und DAS ist die MAP dazu.....
