Staccato Plans Drill Program at Dixie Flats
Thu Oct 25, 2:53 PM
ca.news.finance.yahoo.com
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2007) - Staccato Gold Resources Ltd. (TSX VENTURE: CAT.V) is pleased to announce that it has filed a Notice of Intent with the Bureau of Land Management (October 19, 2007) to drill up to five core holes on the Evans Mine portion of the Company's Dixie Flats project. The Evans Mine claim block is located in Elko County, Nevada on the southern Carlin Trend. The project is located approximately 18 miles southwest of Elko, Nevada, 2.5 miles east of Newmont's Rain Mine and is immediately adjacent to Newmont's Emigrant Springs Mine, now in development. Newmont's mine plan has the proposed pit coming right to the Evan's property boundary.
Surface indicators of mineralization include alteration, solution breccias and anomalous gold geochemistry in soil and rock chips. Previous exploration consisted of shallow percussion holes directed at barite mineralization. The drill program is intended to test favorable horizons within the lower plate Nevada Group carbonates adjacent to mineralized structures.
Alan J. Morris, CPG and Qualified Person has approved and is responsible for the contents of this press release.
On behalf of the Board of Directors
STACCATO GOLD RESOURCES LTD.
Greg Hryhorchuk, Vice-President & CFO
About Staccato Gold Resources Ltd.: Staccato Gold is a junior gold exploration company with resources and advanced exploration assets exclusively in Nevada. The Company has assembled a portfolio of five gold prospects in the dominant gold trends in Nevada and has a joint venture agreement in place on its ICBM property in the Cortez Trend with Barrick.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts
Gareth Thomas
Staccato Gold Resources Ltd.
(604) 682-8789
Website: www.staccatogold.com |
