West Kirkland Expands Nevada Drill Campaign to New Targets in Long Canyon Trend
23 Fevereiro 2012 - 12:00PM
PR Newswire (Canada)
VANCOUVER, Feb. 23, 2012 /CNW/ - West Kirkland Mining Inc. ("West
Kirkland" or the "Company") is pleased to announce a new drill
campaign commencing in March 2012 in the Long Canyon trend targeted
on two gold anomalies several kilometers long defined by soil
sampling by the Company. The gold anomalies correlate with major
structural features in the emerging Long Canyon Trend. The Long
Canyon deposit represents a new style of gold deposit for Nevada
and the discovery culminated in the takeover of Fronteer Gold by
Newmont in 2011. West Kirkland completed a transaction with
Fronteer just before the Newmont takeover and has expanded its land
position in the trend to hold the dominant land position with
majority interest in over 1,000 square kilometers. The Company
collected 9,012 soil samples on a 75 X 75 meter grid covering
selected sections of the Lewis Spring and Toano targets which led
to the identification of several of West Kirkland's 2012 drill
targets. On the Lewis Spring target, the initial dataset identified
a 53 square kilometer( )gold in stream anomaly using a similar
technique that led to the Long Canyon discovery. This gold in
stream anomaly was followed-up with soil sampling that was
highlighted by individual samples of up to 1.1 g/t Au in
soil. Mapping has highlighted two distinct target areas that
will be drilled in 2012. Approximately 5,200 meters in 18
reverse circulation holes are planned in the initial program. On
the Toano target, soil sampling has identified multiple Long Canyon
Trend-parallel gold in soils anomalies with associated pathfinder
elements. The identified soil anomalies measure up to eight
kilometers long and are coincident with pull-apart structures
similar to Newmont's Long Canyon deposit. Rock samples as high as
1.625 g/t Au have been collected in the areas of the soil
anomalies. West Kirkland is planning on approximately 4,400
meters of drilling in ten reverse circulation drill holes. On the
Bandito target, West Kirkland has identified areas of high priority
targets for 2012. The Company has identified several north
and northeast orientated structures with elevated gold in
drilling. Previous drilling was limited in depth and did not
test the favourable underlying stratigraphy. The Company will
drill approximately 1,400 meters into the defined Bandito targets
in four reverse circulation holes. In addition, West Kirkland also
plans to drill on its Gollaher property, located approximately 20
kilometers southeast of Jackpot, Nevada. The property was
previously drilled with approximately 80 holes by Freeport McMoran
in the late 1980's. At TUG, the Company has drilled approximately
1,300 meters in four holes so far in 2012. Hole WT12-009
returned 1.13 g/t Au and 5.43 g/t Ag over 21.18 meters starting
168.25 meters down the hole. This intercept confirms the
potential for the deposit to expand and drilling is continuing.
West Kirkland anticipates the completion of the maiden 43-101
resource estimate on the TUG deposit by the end of Q1 2012. The
Company has received results from drilling on the Bullion Mountain
property. The hole intersected favourable stratigraphy at depth
similar to the nearby Pipeline Mine operated by Barrick Gold.
No significant assays were received. The Company's Long
Canyon projects will be the priority targets in 2012. The Company
is pleased to announce that an NI 43-101 technical report by
Caracle Creek International Consulting Inc. dated January 12, 2012
on its Nevada properties has been received and filed on SEDAR and
is available on the Company's website. The report validates
the Company's enthusiasm for its Nevada portfolio. Key
conclusions of the report are: -- It is CCIC's professional opinion
that gold mineralization on the TUG property has been demonstrated
to be continuous in three dimensions and at an economically
significant gold grade. -- The Nevada land position has potential
for structural and stratigraphic controlled gold mineralization and
the independent recommended budget for Nevada Exploration is
approximately $5,000,000. -- West Kirkland's initial data appears
to corroborate the historical data on the TUG property. A further
verification and a resource calculation program is recommended. The
recommended program and resource calculation are now in progress.
Qualified Person, Verification, Quality Control and Assurance
Samples of drill core were saw cut, with half the cut core placed
in individual sealed bags and half placed back in the original core
box for permanent storage. Drill core samples were delivered
directly by West Kirkland personnel to the ALS Chemex prep lab in
Nevada. Prepared pulps were shipped by ALS Chemex to their
North Vancouver Lab where gold was determined by fire assay fusion
with Inductively Coupled Plasma (ICP) finish. ALS Chemex's
North Vancouver Lab is ISO 9001:2008 certified and also is ISO/IEC
17025:2005 accredited by the Standards Council of Canada for the
assay methods employed. Michael G. Allen, Vice President of
Exploration for West Kirkland, and a Qualified Person as defined by
Canadian National Instrument 43-101, has reviewed the information
contained in this news release and has also verified the analytical
data for drill core samples disclosed in this release by reviewing
the blanks, duplicates and certified reference material that the
Company inserted into the sample stream and confirming that they
fall within limits as determined by acceptable industry
practice. He is the non-independent qualified person for this
new release and has verified the data. About West Kirkland Mining
West Kirkland Mining was formed in 2010 to focus on gold
exploration along major trends in North America. The Company
mission is to make a major gold discovery by working systematically
near gold mines along major trends. The Company has consolidated
significant mineral rights positions in the Kirkland Lake area of
Ontario and within major gold trends of north eastern Nevada - two
of North America's premier gold jurisdictions. The Company is well
supported by experienced institutional shareholders. The founders
and Board of West Kirkland Mining have successful gold discovery,
development and mine operations experience in both Ontario and
Nevada over the past 40 years. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. Disclaimer for
Forward-Looking Information This press release contains
forward-looking information within the meaning of Canadian
securities laws. Such information includes, without limitation,
information regarding proposed exploration activities. Although the
Company believes that such information is reasonable, it can give
no assurance that such expectations will prove to be correct.
Forward-looking information is typically identified by words such
as: believe, expect, anticipate, intend, estimate, postulate and
similar expressions, or are those, which, by their nature, refer to
future events. The Company cautions investors that any
forward-looking information provided by the Company is not a
guarantee of future results or performance, and that actual results
may differ materially from those in forward looking information as
a result of various factors, including, but not limited to, the
state of the financial markets for the Company's equity securities,
the state of the market for gold or other minerals that may be
produced generally, recent market volatility; variations in the
nature, quality and quantity of any mineral deposits that may be
located, the Company's ability to obtain any necessary permits,
consents or authorizations required for its activities, to raise
the necessary capital or to be fully able to implement its business
strategies and other risks associated with the exploration and
development of mineral properties. The reader is referred to the
Company's public filings for a more complete discussion of such
risk factors and their potential effects which may be accessed
through the Company's profile on SEDAR at www.sedar.com. SOURCE
West Kirkland Mining Inc Video with caption: "Video: North American
Gold Along Major Trends". Video available at:
http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20120223_C6539_VIDEO_EN_10333.mp4&posterurl=http://photos.newswire.ca/images/20120223_C6539_PHOTO_EN_10333.jpg&clientName=West%20Kirkland%20Mining%20Inc&caption=Video%3A%20North%20American%20Gold%20Along%20Major%20Trends&title=West%20Kirkland%20Expands%20Nevada%20Drill%20Campaign%20to%20New%20Targets%20in%20Long%20Canyon%20Trend&headline=West%20Kirkland%20Expands%20Nevada%20Drill%20Campaign%20to%20New%20Targets%20in%20Long%20Canyon%20Trend
Image with caption: "West Kirkland Mining Inc. Logo (CNW Group/West
Kirkland Mining Inc)". Image available at:
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West Kirkland Mining Inc CONTACT: Please see the Company's website
at www.wkmining.com or contactus byemail at info@wkmining.com or
call:West Kirkland Mining Inc.R. Michael Jones, Michael Allen or
Knox Henderson at (604) 685-8311OrSequoia PartnersJames Beesley:
778-389-7715 or james@sequoiapartners.ca
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