The holes tested potential zones of mineralization associated with enzyme leach soil anomalies distal to the historic gold resource at Grew Creek. No significant results were returned by the drilling.
The Company is now evaluating the potential of the main zone where historical drilling by various companies (the results of which have not been verified by Emerick and should therefore not be relied upon) returned a number of high-grade intersections from mineralization hosted within interpreted vent breccias, including:
- Hole GC-88-29: 33.0 metres, grading 22.07 grams per tonne gold and 144.4 grams per tonne silver; - Hole GC-96-196: 17.0 metres, grading 28.55 grams per tonne gold and 22.8 grams per tonne silver; - Hole GC-87-39: 6.0 metres, grading 54.9 grams per tonne gold and 54.5 grams per tonne silver. (Note: The widths reported are the length of the drill core intersection as the true orientation of the mineralization has not been confidently established.)
Gold mineralization at Grew Creek occurs as quartz-vein and vein stock-work within permeable felsic pyroclastic tuffs contained within a graben structure formed by the Tintina fault system.
Qualified Person ----------------
ON BEHALF OF THE BOARD "Simon Ridgway" Simon Ridgway, Chairman Symbol: TSXV-ERC Shares Issued: 11.4-million
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of
For further information: Investor relations: Erin Ostrom, tel: (604) 801-5432
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