mmm minco gold...nr
posted on
Oct 13, 2010 09:49AM
Edit this title from the Fast Facts Section
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 13, 2010) - Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM)(NYSE Amex:MGH)(FRANKFURT:MI5) is pleased to announce the results from the 2010 exploration program consisting of geochemical, geophysical and trenching programs that have been completed or are in progress on the Company's 100% owned Yejiaba property, part of the Longnan Project, located in Gansu Province, China.
The 2010 program was designed to follow-up the significant poly-metallic mineralization identified during the 2009 exploration program along the 10 kilometre long regional structural trend (Company's March 23, 2010 Release). The follow-up program consists of geological mapping, geochemical sampling and geophysical surveys over the southeast side of the polymetallic mineralization zones discovered in 2009 program (please see the map from the Company's website). A limited IP geophysical survey was completed over the mineralized showings that were previously discovered. The geochemical soil sampling highlighted numerous gold anomalies over an area of 700 metres long by 150 metres wide. The anomalies are open along strike to the east. Within the gold geochemical anomalies, geological mapping identified areas of mineralized boulders within a wide zone of faulted limestone. Trenching of these anomalous areas identified sheared and hydrothermally altered host rocks and intrusive dykes.
A trenching program was conducted to follow up the gold soil anomaly. Channel sampling from trenches returned gold values ranging from 0.12 to 5.58 g/t Au over widths from 1.7 to 10.2 metres. The channel sample results are highlighted as follows: