J-Pacific Gold Inc.: Elizabeth Drill Program Commences
VANCOUVER, BRITISH COLUMBIA--The Board of Directors of J-Pacific
Gold Inc. is pleased to announce that a 1,000 metre diamond
drilling program has commenced on the Elizabeth Project in the
Lillooet Mining District of British Columbia. High grade gold
zones have been indicated on the property by previous work, and if
viable, could compliment any future production at the
J-Pacific-Jipangu owned Blackdome Gold Mine, which is 25
kilometres away. Bralorne Mines Ltd. carried out the last
drilling on the Elizabeth property in 1949. The current program
will provide a better understanding of the controls, length and
depth of the veins, and the vein potential for hosting economic
gold mineralization. Initial targets include the "Main", "West"
and "D" quartz veins, of which the first two have previously
returned high-grade gold values. Exploration will also include
geochemical sampling and mapping.
In 1939, gold was discovered in quartz veins on what is now the
Elizabeth No.1 claim. During 1940-1949, Bralorne Mines Ltd.
explored the Elizabeth and surrounding areas by surface trenching
and underground exploration. Several quartz veins were explored,
with two returning significant gold values. During 1958-1959,
Bethlehem Copper Mines Ltd. explored the West (No.1) Vein with a
tunnel, approximately 180 metres vertically above the underground
workings previously explored by Bralorne. High-grade gold zones
were identified and a small bulk sample was shipped. In 1990,
Blackdome Mining Corp. conducted trenching, portal rehabilitation,
surveying and detailed surface and underground sampling programs.
Surface sampling identified two distinct high-grade zones in the
West Vein (a 10.0 metre length averaging 4.15 oz. Au/ton across
0.50 metre, and 5.0 metre length averaging 3.8 oz. Au/ton across
0.35 metre). Blackdome reported that the first zone was open to
the southwest and exposed a quartz vein that contained areas of
visible gold. Approximately 65 metres below this trench in the
upper adit drift (Bethlehem) sampling of this vein returned a 20.0
metre length averaging 1.8 oz. Au/ton across 0.6 metre, and a 7.5
metre length averaging 3.7 oz. Au/ton across 1.0 metre.
Given the proximity and the easily upgradeable access to our
permitted gold mill at the Blackdome Gold Mine, the Elizabeth
Project could be complimentary to any future production using the
Blackdome facility. The high grades identified in several veins
make the Elizabeth Project an attractive exploration target that
can be rapidly advanced. Geoquest Consulting of Vernon, British
Columbia has been retained to manage the exploration program.
On behalf of the Board of Directors,
N. Ferris, President and CEO
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FOR FURTHER INFORMATION PLEASE CONTACT:
J-Pacific Gold Inc.
Mr. Nick Ferris
President and CEO
(604) 684-6677
(604) 684-6678 (FAX)
Email: info@jpgold.com
Website: www.jpgold.com
The TSX Venture Exchange has neither approved nor disapproved of
the information contained herein.
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