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Gold/Mining/Energy : Channel Resources (CHU T)

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From: canucklehead80	3/14/2012 5:25:24 PM
	of 29

Channel VP Cyrus Ameli on Burkina Faso gold assays of 1.28 g/t over 30m Channel Resources Ltd TSXV:CHU announced assays from the Mankarga 5 deposit of its Tanlouka gold project in Burkina Faso, West Africa. Results include 1.12 g/t gold over 3.1 metres 1.14 g/t over 12 metres (including 17.6 g/t over 0.4 metres) 0.74 g/t over 52.5 metres (including 1.9 g/t over 10.5 metres) 1.28 g/t over 30 metres 0.61 g/t over 57 metres (including 1.3 g/t over 6 metres) 0.81 g/t over 60 metres (including 2.07 g/t over 6 metres) 1.32 g/t over 1.5 metres 2.58 g/t over 3 metres Senior VP Cyrus Ameli tells ResourceClips.com, “We have just completed the 15,000-metre core drilling program that was focused on one deposit on our Tanlouka project called ManKarga 5. That has been the primary focus of our drilling with the objective of putting out a resource estimate. We’re expecting [the resource estimate] over the next few months—as soon as we get all the results in from that drilling program. Read the rest of this article.

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