Dawson Gold Announces Further Results from the 2010 Exploration Program
January 26 2011 - 9:00AM
Marketwired
Dawson Gold Corp. (TSX VENTURE: DYU) ("Dawson Gold") provides an
update on the ongoing analysis of the results from soil geochemical
surveys undertaken during the 2010 summer work program at the Toro
Property in the Dawson Range of the White Gold District, central
Yukon Territory.
Highlights include:
-- Seven soil zones covered by six grids and two contour lines of
geochemical soil grid surveys (total 549 samples) expanding on, and
infilling between, historic geochemical sampling
-- Two newly identified large gold-in-soils anomalous zones defined by
values ranging from 25 ppb up to 540 ppb Au.
The geochemical surveys covered four epithermal and/or
structurally related Au-mineralization targets comprising three
grids and two "contour soil lines" programs. Induced polarization
geophysical programs were also conducted on the three soil sampling
grids. A total of 549 soil samples were collected from these nine
zones.
The geochemical sampling program delineated two new gold targets
in Zones 4 and 6 (see map on Company website). Samples at Zone 6
were collected at 50 m centres and include 11 results over 100 ppb
Au (to a maximum value of 540 ppb Au) defining a gold-in-soil
anomaly (greater than 100 ppb Au of approximately 600 m by 300 m).
Zone 4 samples were collected at 50 m intervals on lines spaced at
100 m and defined a approximately 150 m by 200 m gold-in-soil
anomaly (less than 25 ppb Au) clustered at the extreme northwest
corner of the Zone 4. Anomalies in both zones remain open both to
the west and to the north and are interpreted to correlate with
mapped contacts of the Coffee Creek Granite and gold intersections
from drilling (See Company news release dated December 17,
2010).
Paul. D. Gray, Dawson Gold CEO, commented: "Targets defined by
the successful 2010 soil geochemical program on the Toro Project
will be an early and prime work focus in 2011. The Toro Project
continues to produce impressive results and the management looks
forward to getting back on the ground as early as possible in
spring 2011."
The 2010 Toro Project work program was conducted under the
supervision of Dawson Gold President Michael Collins, P.Geo., a
qualified person under NI 43-101, who has read and approved the
content of this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
Paul D. Gray, P.Geo. CEO
DAWSON GOLD CORP.
Certain of the statements made and information contained herein
may constitute "forward-looking information". In particular
references to future work programs are subject to risks, including
commodity prices, availability of funds and risks associated with
operations on the property, as well as other unknown risks.
Accordingly, readers are advised not to place undue reliance on
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information, whether as a
result of new information, future events or otherwise.
Neither 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.
Contacts: Dawson Gold Corp. Mark Komonoski 403-255-8483 or
Toll-Free: 1-877-255-8483 www.dawsongold.com
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