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Message: Obtains More Than 4 g/t Gold on Mc Donald Showing
| April 8, 2009 |
| Typhoon Obtains More Than 4 g/t Gold on Mc Donald Showing and Increases his Presence in This Sector |
| ROUYN-NORANDA, QUEBEC, CANADA--(Marketwire - April 8, 2009) - Typhoon Exploration Inc. (TSX VENTURE:TYP) announces the results from drillings the Fayolle property owned 100% by Typhoon. They have shown the gold-bearing potential of the Mc Donald Showing located at more than 450 meters (1480 feet) to the east of the Fayolle Deposit, which contains 188,000 ounces of inferred gold, on the surface. (see attached map available at the following address: http://media3.marketwire.com/docs/fa... ) The FA-08-32 and FA-08-33 drill holes intersected 2.9 g/t gold on 13.0 meters and 4.79 g/t gold on 2.0 meters on the east lateral extension, near the surface. The FA-08-35 and FA-08-36 drill holes showed anomalous gold values, which confirms the presence of hydrothermal fluids rich in gold. The FA-08-29 drill holes intersected more than 26 meters of gold values ranging between 0.72 g/t gold and 0.92 g/t gold on the lateral extension between the FA-08-09 and FA-08-15 drill holes, where intersections of 1.45 g/t gold on 6.0 meters and 4.26 g/t gold on 7.0 meters were obtained respectively. The FA-08-27, FA-08-28, FA-08-30, FA-08-31, FA-08-34, drill holes were completed in the north area of the Mc Donald Showing in order to pursue the investigation of the extension towards the east, of the fuschite and carbonate alteration zones from the Fayolle Deposit. The analysis results obtained showed many gold values, ranging from 0.12 g/t gold to more than 1.82 g/t gold. The ones obtained in the altered horizons are showing that the gold-bearing horizons of the Fayolle Deposit continue to the east, where hydrothermal fluids circulated. The 2009 drilling campaign in the western sector located at more than 600 meters of the Mc Donald Showing, continues such as planned and the results of these drillings will be announce as soon as available. Also, Typhoon proceeds to the acquisition of 27 news claims. This claims located in the South of the Fayolle property, will thus benefits from the same access advantages. This addition will allow verifying some gold-bearing extensions of the mineralization of the project Fayolle. Following the terms and condition of the agreement, Typhoon has committed to issue 800 000 common shares and to disburse 2 000 $ CAN to the vendor. The property has a 2% royalty in favour of the vendor, if the mine is placed into commercial production. Mr. Robert Gagnon, P. Geo., Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release. |
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