Gold World Resources Yukon Project rock samples reveal high values
posted on
Nov 22, 2011 01:34PM
Management’s objective is to grow the Company by advancing its Mount Anderson Yukon Project and also taking advantage of other opportunities offered for joint-venture or acquisition
TORONTO, Nov. 22, 2011 /CNW/ - Gold World Resources Inc. (TSXV: GDW) or ("the "Company") is pleased to report that analyses of the 9 rock chip samples collected by Dallas Davis* within the perimeter of soil geochemistry anomalies A & B*² of the Mount Anderson Yukon Project (the "Mt.A Project") confirm that the granodiorite bedrock and associated quartz veins are highly anomalous in a number of elements as shown on the table below:
Au up to ppb |
Ba up to ppm |
As up to ppm |
Sr up to ppm |
Ag up to ppm |
Cu up to ppm |
Pb up to ppm |
Sb up to ppm |
Mo up to ppm |
W up to ppm |
1790 | 4200 | 2140 | 898 | 98.8 | 354 | 1920 | 73 | 8 | 10 |
Dallas Davis stated: "The rock sample results underline that the prospectivity of the Mt.A Project lies not only in the high grade gold and silver veins mined in the past, but also in the indicators of an intrusion-related gold deposit characteristic of the Tintina Gold Belt and, more generally, of high-sulphidation epithermal gold mineralization. All granodiorite samples returned anomalous values in some or all of the above listed elements. Highly anomalous are the sheared and in some cases quartz and sulphide-bearing rusty margins of the numerous non anomalous dykes which cross the A & B area of high Au-As-Ag soil values and which are considered to have been injected before and after the Tertiary volcanic eruptions culminating in formation of the Mt Skukum *³ caldera 15 km to the west".
Analyses of galena-chalcopyrite-sphalerite mineralization from a prominent quartz vein exposed in the 47-Trench to the east of the southern end of soil anomalies A & B were reported in news releases dated August 18 and October 12, 2011:
Sample number & source | Au g/t | Ag g/t | Cu % | Pb % | Zn % | |
579518 | 47-Tr grab from 47-Tr floor | 10.7 | 1554 | 3.27 | 47.63 | 8.92 |
579564 | Adanac Tr grab 520m E of 47-Tr | 14.2 | 854 | 1.13 | 14.68 | 0.36 |
579503 | Outcrop grab 225m W of 47-Tr | 1.5 | 184 | 0.08 | 4.11 | 0.49 |
579599 | Outcrop grab 216m W of 47-Tr | 10.3 | 130 | 0.06 | 7.31 | 0.10 |
579598 | Float *(near mineralized outcrop) 137m W of Tr-47 *the source vein is considered to parallel a dyke that has been mapped for 1000 m. |
80.4 | 338 | 0.04 | 18.53 | 2.29 |
Results received upon screening of 2 test samples of 20 kg each from 435.7 kg dry weight of the 47-Tr material, crushed to nominal 2", screened to +1", and to +3/8 inch finer fraction:
1" size fraction | 3/8" to - 1" size fraction | |||||||
20 kg Samples | % of Au in fraction | g/t Au | % of Ag in fraction | g/t Ag | % of Au in fraction | g/t Au | % of Ag in fraction | g/t Ag |
Sample 1 | 56.1% | 12.3 g/t | 51.2% | 2,100 g/t | 18.7% | 8.35 g/t | 22.8% | 583 g/t |
Sample 2 | 68.4% | 35.7 g/t | 53.1% | 929 g/t | 20.7% | 20.6 g/t | 23.3% | 2180 g/t |
Accompanying this news release is a map (www.goldworldresources.com) depicting locations of 7 of the 9 samples collected by Dallas Davis (2 duplicates of non anomalous samples from central portions of dykes are not shown), other rock chip samples collected away from former trenching and adits by the Company's field personnel, analyses for 5 elements, geology and the outlines of soil geochemistry anomalies A, B and C.
* The 9 samples collected by Dallas Davis, P.Eng., FEC - Consulting Interim VP Exploration and QP for the Mt.A Project, were personally delivered to Actlabs' sample preparation facility in Fredericton for multi-element analysis by ICP and INAA under Actlabs code 1H. The sample preparation, analytical methods and elements determined are fully described at:
http://www.actlabs.com/page.aspx?page=506&app=226&cat1=549&tp=12&lk=no&menu=64
All other Mt. Anderson rock samples were analyzed Acme Lab in Vancouver. These samples were crushed to 80% passing 10 mesh, split to 250g and pulverized to 85% passing 200 mesh. A 0.25g split was heated in HNO3-HClO4-HF to fuming and taken to dryness. The residue was dissolved in HCl. Solutions were analyzed by ICP-MS. In the case of elements for which results exceeded the upper detection limit by this method (200 ppm or g/t for Au and Ag; 10000 ppm or 1.0% for Cu, Pb and Zn; and, 4000 ppm or 0.4% for Cd and Sb), Ag was determined by subjecting a 30 g portion to lead collection fire assay fusion with gravimetric finish, and, percentages of Cu, Pb and Zn were determined by employing a 4 Acid digestion followed by ICP-ES analysis.
*² See news releases dated August 11 and October 27, 2011
*³ Mt Skukum - advanced mine development area by New Pacific Metals Corporation adjacent to the Mt.A Project.
About the Company:
The Company is a precious- and base-metals exploration company focusing on the Mount Anderson Yukon gold/silver, polymetallic Project.
ON BEHALF OF THE BOARD
"Hermann Derbuch",
Chairman & CEO
Gold World Resources Inc.