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Message: This looks promising

This looks promising

posted on Jun 23, 2008 03:25PM

IMO......News is just over the horizon.

About the following:

Staccato Gold Completes Drilling on the Evans Mine Portion of its Dixie Flats Project

Vancouver, B.C. -- March 10, 2008 -- Staccato Gold Resources Ltd. (CAT-TSX-V) is pleased to announce that it has completed a three-hole, 4,500 foot core drill program on the Evans Mine portion of its Dixie Flats project in Nevada. The Evans claims are immediately adjacent to Newmont's Emigrant Springs deposit, now under development. Newmont's mine plan contemplates the proposed pit coming right to the Evans property boundary.

Surface mapping of the Evans Mine claim block had revealed several faults and fracture zones marked by breccia, alteration, and calcite-barite veins. Samples from these zones carried geochemically anomalous gold, arsenic, and antimony. These fracture zones are parallel to and may be related to the zone that controls mineralization at the Rain Mine and Emigrant Springs. A highly altered dike, similar to those found in many of the Carlin Trend deposits, was revealed during construction of the drill access roads.

The drill holes on the Evans Mine property were designed to penetrate the potentially favorable horizons in the Nevada Group near altered structures. One of the primary targets was the Oxyoke Canyon Sandstone, a coarse, dolomitic sandstone which hosts mineralization in the Gold Bar district and has also been targeted as a petroleum reservoir in central Nevada.

Two holes were collared in the Upper Dolomite Member of the Nevada Group and the third started in the overlying Devils Gate Limestone. All three drill holes penetrated the target Oxyoke Canyon Sandstone and also tested favorable sandy beds in the upper part of the underlying Beacon Peak Dolomite.

Hole ID      Depth (ft)    Depth (m)     Orientation
ES-1           1500          457          Vertical
ES-2           1502          457          Vertical
ES-3           1498          456          Vertical

Decalcification, iron oxide staining, and some argillic alteration were observed associated with faults, breccia zones, and dikes in all three holes. Two holes (ES-1 and ES-2) encountered highly altered igneous dykes. In all of the holes, the target Oxyoke Canyon Sandstone showed significant jasperoid type alteration. Jasperoid is often associated with Carlin type mineralization but is only occasionally ore-bearing itself.

The first two holes have been logged and samples have been submitted for assaying. Results are expected in the near future. The third hole is being logged and will be sent for assaying shortly.



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