Temex Begins Initial Drill Program on Recently Acquired Golden Lake Property, Juby Gold Project, Ontario
April 30, 2012 (TORONTO, ONTARIO): Temex Resources Corp. (TSX-V: TME, FWB: TQ1) ("Temex" or "the Company") is pleased to announce that an initial diamond drill program has started on the recently acquired Golden Lake Property located on strike and contiguous to the west of the Company's Juby Main Zone.
The Juby Main Zone (news releases January 16 and February 28, 2012) contains a National Instrument 43-101 ("NI 43-101") compliant resource of 22.3 million tonnes at a grade of 1.30 g/t gold for 934,645 ounces of gold in the Indicated category and 28.2 million tonnes at a grade of 1.00 g/t gold for 905,621 ounces of gold in the Inferred category, both at a cut-off grade of 0.40 g/t gold. This resource was defined along a strike length of 2,800 metres. With the recent acquisition of the Golden Lake Property, Temex now controls 4,500 metres of strike length along the prolific Tyrrell Structural Zone.
... More...
|
