To: Goose94 who wrote (3118 ) 12/18/2013 8:21:09 AM From: Goose94 Read Replies (2) | Respond to of 202784 Asher Resources (ACN-V) drills 25 ft of 3.72 g/t Gold including 16 g/t gold over five feet at King Dec 17, 2013 - News Release Asher Resources Corp. has completed its first-phase drilling program on the King mine project located in west-central Nevada 10 miles east of the past-producing Rawhide gold mine (one million ounces gold). The drill program consisted of 11 reverse circulation percussion holes for a total of 7,170 feet (2,186 metres). Assays have been received for the first five holes. Highlights: Drill hole KM-3: 3.72 grams per tonne gold over 25 feet, including 16 grams per tonne gold over five feet; Drill Hole KM-4: 3.26 grams per tonne gold over 30 feet, including 10.45 grams per tonne gold over five feet. "Our drill program is the first carried out on this promising Nevada project and we are very pleased with these initial results to date. The drill program started from the outer and weaker portions of the chargeability anomalies working towards the higher chargeability targets. Holes KM-3 and KM-4, which are the nearest holes to the higher chargeability target have intersected significant gold mineralization. We now look forward to reporting assay results from the remaining holes, some of which test the high-chargeability zone," commented Richard Buzbuzian, president and chief executive officer. The program was designed to test a large induced polarization chargeability anomaly defined over a length of 1,100 metres (3,600 feet) and width of 400 metres (1,300 feet) and to test gold-bearing structures on the margin of the main IP anomaly. Significant results were obtained in drill holes KM-3 and KM-4 with KM-3 returning 3.72 grams per tonne gold over 25 feet and KM-4 returning 3.26 grams per tonne gold over 30 feet. Drill holes KM-1 and KM-2 targeted gold-bearing structures on the northern end of the IP anomaly with reported assays up to 55.7 grams per tonne gold in surface grab samples. Drill hole KM-5 was drilled to test a weaker chargeability zone on the west side of the anomalous area. Drilling returned abundant disseminated pyrite but minimal gold values. The subsurface IP/chargeability anomaly is well defined and forms an elliptical zone with a dominant eastern side. Rock sampling results ranged from 0.23 gram per tonne gold to 55.7 grams per tonne gold above a 0.20-gram-per-tonne-gold cut-off and conforms to historic sampling (2002) which had a high value of 28.56 grams per tonne gold over a 1.83-metre chip sample. Within the chargeability zone, geological mapping has delineated a strong hydrothermal overprint on diorite to andesite host rocks with areas of intense phyllic (quartz-sericite-pyrite) to potassic-style silicification, which carries the anomalous gold values. To date, the deposit model, based on geology, anomalous gold values associated with silicified zones, anomalous copper correlated with the gold values, and geophysical signature, suggests spatially related, porphyry copper-gold setting with potential for a near-surface zone of gold mineralization and potential for a deeper porphyry-style gold-copper deposit. Drill samples were collected at five-foot intervals from a wet rotary splitter and bagged with sample interval noted at the drill site. The bagged samples were collected at the site by ALS minerals transportation department who established a documented chain of custody. Samples were taken to ALS Minerals sample preparation laboratory in Elko, Nev., where they were high temperature dried, crushed and pulverized to produce a minus-75-micron, 250-gram pulp for analysis. Sample pulps were then shipped by air to Vancouver, where they were analyzed for gold using the fire assay and atomic absorption finish method on a 30-gram aliquot with a reporting limit of 0.005 part per million. Multielement analysis was performed on a five-gram aliquot which reports 35 elements using an aqua regia digestion and ICP-AES analysis. Sample duplicates were inserted at the drill site and ALS Minerals uses strict IOS protocols for quality control. Sample results are transmitted to assigned Asher employees by Internet. The technical information contained in this news release has been verified and approved by Asher's chief geologist, Paul Mattinen, a designated AIPG-CPG qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.