What a awesome NR, I could hardly contain myself from laughing. NO ASSAYS!!!!!!!
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FLAG RESOURCES (1985) LIMITED
Canadian Quotes from Telenium
FGR.A. (CDNX)
GOLDEN BRIAR MINES LIMITED
Canadian Quotes from Telenium
GLB. (ME)
Attention Business Editors:
Flag Resources (1985) Limited and Golden Briar Mines Limited Announces That A Step-Out Vertical Drill Hole, 30 Feet To The North Of RL-15, Intersected 104 Feet Of Disseminated Chalcopyrite-Pyrrhotite Sulfides
The Sulfides Are Being Logged And Assayed.
The Sulfides Are In Unusual Coarse Gabbroic Rock That Appear Similar To
Those In RL-15, From Which 35 Feet Of Enriched Platinum-Palladium Values
Were Discovered.
CALGARY, July 27 /CNW/ - Located in the Rathbun Lake Peninsula, in the
Wanapitei Anomaly, northeast of Sudbury, Ontario, RL-34 intersected the 104
feet of disseminated sulfides in the unusual coarse gabbroic rock, from 12 to
116 feet.
Previous drilling confirmed that the platinum-palladium bearing sulfide
zone in RL-15 did not extend south or west. In the current drilling program,
RL-29 and RL-30, vertical drill holes, drilled to the southeast and east of
RL-15, confirmed that the sulfide zone in RL-15 did not extend to the east.
Three short holes were then drilled at the location of mineralized float
found 40 feet northwest of RL-15. RL-31 was drilled vertically, RL-32 drilled
at 45 degrees to the west and RL-33 at 45 degrees to the east. RL-33
intersected 7 feet of disseminated sulfide from 70 to 77 feet. RL-34 was
drilled vertically from the location of the short sulfide intersection and
intersected 104 feet of disseminated sulfides in the unusual coarse gabbroic
rock, 30 feet due north of RL-15.
RL-35 is now being drilled north at 60 degrees from the location of
RL-34.
RL-34 has confirmed that the platinum-palladium bearing sulfide zone,
discovered at RL-15 extends to the north. The coarse gabbroic rock, in which
the sulfides occur, has been found on the surface 800 feet north, but the
ground in between is covered by overburden.
As announced, Flag and Golden Briar are preparing flow-through private
placement offering for financing it's drill targets in Rathbun, Mackelcan,
McNish and Macbeth Townships, in the Wanapitei Anomaly, subject to regulatory
authority.
-30-
For further information: M.C. McLeod, President, www.flagresources.com,
Toll free in North America 1-888-531-7798, email: info@flagresources.com
This press release concerns more than one organization.
To view releases from one of these organizations, please select from below.
FLAG RESOURCES (1985) LIMITED
GOLDEN BRIAR MINES LIMITED |
