Meadow Bay Gold Commences Drilling at Atlanta Project
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/24/15 -- Meadow Bay Gold Corporation ("Meadow Bay Gold" or the "Company") (TSX: MAY)(OTCQB: MAYGF)(FRANKFURT: 20M) (WKN A1C3DN) is pleased to report that it has begun drilling at its flagship Atlanta Gold Mine Project in Lincoln County, Nevada.
Layne Christensen Company of Chandler, Arizona, mobilized an Ingersoll Rand TH 75 drill to the project site and has broken ground on the initial hole. The purpose of the drilling is to in-fill "donut holes" within the existing resource. The initial drill holes are to the north and west of the historic pit where drilling in 2012 intersected mineralization that is both thicker and higher in grade than what is typical for the Atlanta Shear Zone.
Drilling will be by reverse circulation with samples processed by Meadow Bay personnel at the project site. ALS Minerals will perform sample analysis at their Elko, Nevada, facility. QA/QC protocols including blanks, standards, duplicates and chain of custody have been established and will be followed. While all of the drilling will be conducted on the Company''s patented mining claims, environmental safeguards will be adhered to as if the drilling were on public lands.
"Because we are filling in holes within the existing resource, our confidence that this drilling will be successful is very high," states Christopher Crupi, CEO of Meadow Bay Gold. "Ultimately, we intend to incorporate these results into the existing database and produce an expanded resource estimate. The Atlanta deposit is already one of the most interesting Nevada gold resources owned by a junior and our goal is to make it bigger and better."
As soon as the drilling in the pit area is completed, the drill will move to the Western Knolls target area. Discovery drilling there will test geophysical and geochemical targets.
Charles "Bill" Reed, a Qualified Person as defined by National Instrument 43-101 and Director of the Company, has reviewed and approved the contents of this press release.
Contacts:
Meadow Bay Gold Corporation
Christopher Crupi
CEO
604-641-4450
Meadow Bay Gold Corporation
Charles "Bill" Reed
Director
604-641-4450
Launch IR
Matthew Harrington
613-882-7467
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Datum: 24.09.2015 - 07:25 Uhr
Sprache: Deutsch
News-ID 1387766
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Mining & Metals
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