Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (3681)	3/28/2014 8:45:49 AM
From: Goose94	Respond to of 202904

Cash is King!

To: Goose94 who wrote (3681)	6/9/2014 8:38:39 AM
From: Goose94	Read Replies (1) \| Respond to of 202904

Asher Resources (ACN-V) June 9, '14 has begun exploration drilling at the company's Lavington gold property consisting of a three-hole, 1,000-metre program. About Lavington: The Lavington gold property hosts known gold mineralization occurring within a 2.5 kilometre long by 400 metre wide shear zone which was drill tested by six widely spaced holes by BP Stelco in the late 1980's and early 1990's. Gold values in soils grading to 0.75 g/t Au have been sampled coincident with more extensive copper, zinc, arsenic and lead anomalies. Subsequent exploration work, including a recently completed IP, resistivity and ground magnetic program indicated that the best known mineralization is also associated with a discreet moderate IP anomaly and that most of the historic drill holes either missed or were stopped too short to adequately test the system. Asher's drill program will test these underexplored opportunities. Drill Location One: The first drill hole is undercutting and parallel to a north striking historic drill hole (L90-07) which intersected a 125 metre zone averaging 0.307 g/t Au including a 34 metre zone which averaged 0.53 g/t Au. Based on the new IP data, this new hole will be drilled to a depth of 250 metres to test a deep extensive west trending IP anomaly that hasn't been tested by any historic drilling. The Company will also utilized a larger core size (HQ) compared to the historic drilling which used a smaller core size (NQ) that suffered from considerable local core loss and possible loss of gold mineralization. The larger core size will minimize core loss and increase certainty of capturing all mineralization. Drill Location Two: The second drill hole is collared 350 metres north of the first proposed hole and will undercut historic drill hole L89-02 (which intersected the same zone intersected in hole 90-07) by 45 to 50 metres to test the underlying IP anomaly that extends to the south from the collar location coincident with a wide arsenic-zinc-lead-copper-gold soil anomaly. This hole will also test part of the IP anomaly that will have been tested at depth by the first hole. This second drill hole will continue to a depth of 500 metres if visual results during drilling warrant. Drill Location Three: The third proposed hole will be collared 250 metres north of historic holes L89-01 and L90-06 and 500 metres west of the first two 2014 holes. Based on the results of past drilling, IP results and supporting multi-element geochemical evidence the previously drilling largely missed this target and may have been drilled too far south. The area to be drill tested is also overlain by a coincident strong zinc, lead and arsenic soil anomaly. A second linear gold anomaly will also be tested. This hole will continue to a depth of at least 350 metres. Additional information on Lavington can be viewed at www.asher-resources.com, in Asher's new corporate power point presentation.The technical information contained in this news release has been verified and approved by Leopold J. Lindinger, P.Geo, a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects, of the Canadian securities administrators.