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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (2251)10/10/2013 9:00:06 AM
From: Andrew~Read Replies (1) of 202399
 
KAM-V at 52 week low. Drilling ongoing. Kaminak Drills New Oxide Gold Discovery at Coffee
stockboard.com
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 10, 2013) - Kaminak Gold Corporation (TSX VENTURE:KAM) today announced the drill discovery and delineation of a new oxide gold zone on the Company's Coffee Gold Project referred to as "Sumatra". Drilling successfully identified shallow, oxidized gold-bearing structures over 500 metres (m) of mineralized strike with highlights of 15.78 grams per tonne gold (g/t Au) over 3.05m from 1.52m downhole in CFR0513 and 5.72g/t over 4m from 75m depth in CFD0331. The Sumatra Zone is associated with a northeasterly trending gold-in-soil anomaly (>1km in length) and an aeromagnetic lineament (>2km in length) interpreted to connect to the western extension of the Latte Zone and the western edge of the Supremo Zone. The 2013 Coffee drill program is ongoing and over 50,000m have been drilled so far this year.

Eira Thomas, CEO, commented: "The Sumatra discovery demonstrates continued success in drilling gold-in-soil anomalies on the Coffee property and highlights the prospectivity of more than 25 km of untested, priority gold-in-soil anomalies that remain throughout the property."
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