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Gold/Mining/Energy : Golden Triangle

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From: klinker	9/12/2012 11:22:11 PM
	of 493

from sh board... Rotation Minerals starts drilling at 4-J 2012-09-12 11:18 ET - News Release Mr. Ed Kruchkowski reports ROTATION MINERALS LTD. ANNOUNCES START OF a DRILLING PROGRAM ON THE 4-J ROPERTY Rotation Minerals Inc. has started a drilling program on the 4-J property under option from Teuton Resource Corp. The property is subject to an option agreement whereby Rotation can earn a 50-per-cent interest in the property by making payments of $180,000 and incurring exploration expenditures of $1.8-million by 2014. The company can earn an additional 20-per-cent interest by performing and paying for such additional exploration expenditures as may be necessary in order to deliver a feasibility study to Teuton within four years commencing after the first earn. The property is underlain by at least three different styles of mineralization, outlined by sampling and diamond drilling in the past. Gold mineralization is associated with brecciated volcanic rocks hosting strong pyrite and arsenopyrite underlying a north-south-trending 800-metre-long soil anomaly containing gold values up to 6.75 grams per tonne. Drilling of this structure in 1990 returned maximum values within two holes that indicated 2.48 grams per tonne gold over 15.22 metres and 1.82 grams per tonne gold over 13.06 metres. The company reports that the above assay results have not been confirmed and should be used for reference purposes only. Another style is related to a northwest-trending zone of stratiform copper-lead-zinc-silver-gold mineralization. Where exposed, trenching in the past has shown massive mineralization consisting of bouronite (copper-lead-antimony sulphide), tetrahedrite (copper-antimony-sulphide), sphalerite (zinc sulphide) and galena (lead sulphide) over six metres of width and 30 metres of length that is poorly exposed in glacial till. This mineralization is underlain by a strong coincident northwest-trending electromagnetic anomaly at least 700 metres long, indicated by several airborne electromagnetic surveys completed by previous operators on the property. The third style of mineralization consists of quartz carbonate breccia veins that are located along east-west-trending structures in the hangingwall to the above massive-style mineralization. These breccia zones, which are up to two metres wide, contain bouronite, tetrahedrite, galena and sphalerite mineralization. Higher gold values are associated with this later style of mineralization.

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